Leasing terminology

<p><span style="font-size: 14pt;"><strong> Leasing terminology</strong></span></p> <ol> <li>Is there negotiation after rebates</li> <li>Factory deals cost the dealer zero</li> <li>Factory sponsored has no effect</li> <li>Leasing terminology</li> <li>Closed end</li> <li>Open end</li> <li>Divide or multiply by 2400</li> <li>Acquisition, inception, termination</li> <li>Guaranteed resale value</li> <li>Capitalized cost</li> <li>residual</li> <li>sign and drive</li> <li>Wear and tear</li> <li>Annual mileage allowance</li> <li>Term is important</li> </ol>