EXAMPLE OF LEASE INCEPTION COSTS
- $399.00
- $400.00
- $1500.00
- $379.80
- $12.50
- $10.00
- $795.00
- $199.00
- $1105.55
- $4,800.85 =
|
FIRST MONTHS LEASE PAYMENT
REFUNDABLE SECURITY DEPOSIT
DOWN PAYMENT “ZERO DOWN” REFERS LINE#3
MOTOR VEHICLE FEES
TIRE FEE
BATTERY FEE
BANK FEE
DOCUMENTARY FEE
USE TAX (PAID UPFRONT)
TOTAL INCEPTION COST |
WHAT DOES
"$0 SECURITY DEPOSIT"
MEAN IN AUTOMOBILE ADVERTISING
ITEMS #2 WILL NOT BE ASKED FOR
AT SIGNING, HOWEVER, ITEMS #1, 3, 4,
5, 6, 7, 8 & 9 WILL STILL BE REQUIRED
BECAUSE THE FIRST PAYMENT,
DOWN PAYMENT, MOTOR VEHICLE
FEES, TIRE FEE, BATTERY FEE,
DOCUMENTARY FEE AND SALES TAX,
ARE NOT INCLUDED IN ANY
ADVERTISEMENT.
ALSO
$0 ZERO SECURITY DEPOSIT MEANS
THAT YOU ARE NOT PUTTING UP A
REFUNDABLE SECURITY DEPOSIT.
IF THERE IS ANY DAMAGE OR EXCESS
MILEAGE AT LEASE TERMINATION,
THERE WILL BE NO SECURITY DEPOSIT
TO COVER IT. YOU MUST PAY FOR ANY
DAMAGE OR EXCESS MILEAGE
WHEN YOU TERMINATE THE LEASE.