End of Lease Payment, Glossary and Terms, Automotive, Motorcycle, Boat Dealers

U.S Auto, Moto, Boat Dealers List of United States Automotive, Motorcycle, Boat, Dealers, Service Stations

"End of Lease Payment"

In an open-end lease, the amount the lessee pays at the end of the lease; the difference between the vehicle's residual value, which was used to calculate lease payments, and the actual market value.

Auto Dealers glossary and terms by letter

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