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Automotive dictionary (encyklopedia)

Dictionary of terms and abbreviations for cars (automobiles), motorcycles (bikes),
bicycles, boats, engines, machines, machining and car fixing.

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Subvented lease

A subvented lease is a lease offered by manufacturers with special incentives to make it more attractive. Special incentives often take the form of a lower base interest rate, higher residual values, and manufacturer discounts. In many cases, a subvented lease will have a lower net interest rate than other leases. Subvented leases are usually only available for a limited time and the terms are not negotiable. Any negotiated change in the terms will result in a different net interest rate.
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Car Insurance FAQs #4

The appraiser who took care of my claim said I would be responsible for paying the deductible. What is a deductible?

A deductible is the portion of a claim you agreed to pay when you purchased your insurance policy. The deductible could be applied each time you have a claim on your auto policy.

How do I decide the amount of my deductible?

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