You'll need to master a whole new vocabulary in order to negotiate effectively. See below for a capsule summary, but consult other references for a much fuller explanation of the terms. Don't start the process until you understand what you're getting into. Finally, nearly every clause in every lease is negotiable. But you'll undoubtedly pay more for the privilege.
Vital Terms Welcome to the brave new world of automotive terminology.
This abbreviated glossary is meant to acquaint you with some of the vital terms. Check other references for a more complete discussion. Do not sign any lease until you fully understand all the terms. The estimated value of the vehicle at the end of the lease. The higher the value, the lower the monthly depreciation payment.