Car Leasing Glossary

  1. Research Center
    2. /
  2. Car Leasing Research Articles
    3. /
  3. Car Leasing Glossary
Lady out of car by the road
What's it all mean?
Comedian Steve Martin has a hard time wrapping his mouth around the French language. He has famously said, "It's like the French have a different word for everything!" The same could be said for the many terms used in auto leasing. When looking over a car lease contract, leasing terms run the gamut from being just mildly confusing, all the way to downright puzzling. It's like these car leasing folks have a different term for everything! 

Well, fear not, Lithia Motors is here with a gallant Glossary of Car Lease Terminology that will make it quick and simple for you to decipher even the most obscure lease documents with ease. What's a Dealer Prep Fee? What does Early Termination mean? What the heck is an Inception Fee? Discover these terms and many more right here. 

Let Lithia Help 
Whether you're interested in trading in your old car, buying a new or used vehicle, or leasing the perfect ride, Lithia Auto has a dealership near you.