The price of the car you are leasing is called the
A) money factor.
B) capitalized cost.
C) residual value.
D) purchase option.
E) capitalized cost reduction.

Question

Quizplus · Accepted Answer

The capitalized cost is the price of the car you are leasing. This includes the cost of the vehicle, any additional fees or taxes, and any optional features or accessories. The other options listed are important terms to understand when leasing a car, but do not directly relate to the price of the vehicle.

The Price of the Car You Are Leasing Is Called