Your initial rental is the first payment you make towards the lease on your new vehicle. The amount is calculated in multiples of the monthly rental and will usually be either 1, 3, 6, 9 or 12 times the monthly payment which will be due for the term of your agreement.
What is the due at signing when leasing a car?
The term, due at signing or cash due at signing, refers to the total amount of cash that is due at the time a car lease contract is signed. … The acquisition fee is always included in a car lease but is not always paid in cash at the time of lease signing.19 nov. 2014
Are car lease payments made in advance?
Get Car Financing. Even with poor credit. When you lease, the total amount you pay is already predetermined before you sign on the dotted line. You can pay ahead on a lease, but you’re not saving any money – just paying it ahead of time.14 mai 2020
What is the best month to lease a car?
The best time to lease a car is soon after a new model has been released, as this is when a car’s value after depreciation is highest. This means that you’ll pay less in monthly payments for a vehicle over the course of a lease agreement.