What are the gross capitalized costs?

The gross cost of capitalization, often shortened to the gross cost of the ceiling, is commonly used in the leasing of the vehicle. It refers to the amount that is financed in the lease before deducting the reduction of capital costs. It includes the cost of vehicle, taxes, fees and rent. The gross costs of capital costs are used to determine the amount of capital costs and monthly payments that the lessee must pay.

vehicle leasing has a terminology that differs from other forms of financing. However, each term has a corresponding concept in the world of traditional loans. Gross capitalized costs are the same as the finance of the loan.

Leasing is a form of financing. The lessee has been using the vehicle for a certain period of time, so in some respects it resembles an apartment. However, real estate can appreciate value; The vehicles are depreciated. This means that the lessee uses part of the value of the vehicle that is included in the lease. In fact, Lesviz purchases a part of a vehicle equal to PThe vacuum value minus residual value at the end of the lease, so leasing is more of a loan than a rental contract.

The gross cost of capitalization includes all the costs that are part of the lease. The amount of depreciation throughout the life of rent, rental fees, charges for acquisitions and turnover taxes are part of gross capitalized costs. It also includes interest payments on the financed part of the vehicle value; In leasing terminology, the interest rate is known as the rental rate or a monetary factor and is usually not published by the lessee. The reduction of capital costs called a advance in traditional terminology is deducted from the gross number, as well as any fees or tax paid in cash when signing the lease. The remaining amount is called net capitalized costs and is paid in monthly installments throughout the Tpronajal SI.

If you rent a carDLO, you can ask for an explanation of gross capitalized costs before consent to the lease agreement. The seller will provide you with a detailed list of factors that contribute to the amount. One of the main components of gross capitalized costs is the cost of the vehicle. Before signing an agreement, you can discuss the price with the seller as if you were buying a car.

IN OTHER LANGUAGES

Was this article helpful? Thanks for the feedback Thanks for the feedback

How can we help? How can we help?