![]() |
Lease Terminology
Capitalized Cost
The price used to determine payment.
Monthly Lease Fee
The fee charged by the finance company for the use of the money.
Term
The length of time (months) over which payments will be made.
Residual Value
The estimated value of the vehicle at the end of the lease.
All of our customers are valued at Certified Leasing, whether your a big company or a small company just starting out. If you're leasing for personal use, you’re valued just as much as a fleet buyer and you get to share in all of these great benefits of Certified as well. Stop by and meet our Lease Consultants and let them go to work for you taking care of your transportation needs.
What is a Lease?
A lease is a financing agreement that is structured to meet your personal or your company’s special needs. Consider these factors in determining the best type of lease for yourself or your company:
Why Lease?
Lower Payments
You only pay for what you use. Leasing is based on the unit’s estimated depreciation value over the lease term.
Less Up-Front Capital
Leases typically do not require large down payments so you’ll have more capital available for other needs.
Tax Advantage
National accounting firms have shown that there are significant tax advantages to leasing. Check with your tax specialist to see how leasing can benefit your particular tax situation.
Vehicle Maintenance
You avoid expensive long term maintenance when you lease short term. With leasing you are always driving a new vehicle with the latest technology.
What Can you Lease?
Short Term Needs
Flexible Long Term and Intermediate Needs