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Quiz 1
d9f6bc68-c60b-4a1d-9850-33576b9d6e82
1. What is
Capitalized Cost?
The price of the vehicle. Don’t confuse it with the car’s MSRP, which is the price shown on the window sticker. The cap cost reflects any discounts that you are able to negotiate.
If you decide to buy the car at the end of the lease, this is the purchase price. It may or not be the same as the residual value. If the residual is way off at the end of the lease, the dealer may make or lose money on the deal when they sell the vehicle on the open market.
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