Car Glossary ›› Adjusted Capitalized Cost Definition - Car Leasing Glossary
The definition for Adjusted Capitalized Cost from the Car Leasing Glossary is below. Select other words from the Car Leasing Glossary to see its definition or you can select another car glossary.
This is the bottom line that determines the overall lease payment. It is product of deducting the capitalized cost reduction from the gross capitalized cost. For example, if the vehicle starts with a negotiated price, including all applicable taxes and fees, of $20,000, and the purchaser provides a $2,000 down payment. There is also a $3,000 manufacturer rebate. The Adjusted Capitalized Cost is now $15,000.
