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Business English Exercises
 

Auto Leasing

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Home > Teaching Business English > Business English Lessons, Advanced Level # 86
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auto leasing question 1
LeaseGuide.com author Al Hearn explains that automobile leasing is based entirely on the ......... that you pay for the amount by which a vehicle's value depreciates during the time you're driving it.


auto leasing, answer 1 auto leasing, communication english, concept vs design vs image vs observation

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auto leasing question 2
Depreciation is the difference between a vehicle's original value and its value at lease-end (......... value), and is the primary factor that determines the cost of leasing.


auto leasing, answer 2 business classroom, remnant vs reserve vs residual vs retained

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auto leasing question 3
Generally, European and Japanese automobile ......... have lower depreciation than American brands.


auto leasing, answer 3 business phone, cars vs logos vs makes vs trademarks

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auto leasing question 4
Manufacturer's ......... Retail Price (MSRP) is the full price for a vehicle as displayed on its window sticker, including optional packages and destination charges.


auto leasing, answer 4 international english, sales vs standard vs stated vs suggested

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auto leasing question 5
When you and your dealer sit down and agree on a lease price for a car, this becomes the ......... cost, or "cap cost".


auto leasing, answer 5 business course, capitalized vs car and package vs cash projected vs contract approved

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auto leasing question 6
Cap cost can be reduced by rebates, factory-to-dealer incentives, trade-in credit, or a cash ......... payment; these are known as cap cost reductions.


auto leasing, answer 6 auto leasing, teachers english, down vs first vs key vs prior

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auto leasing question 7
When you lease, you're ......... the leasing company's money while you're driving their car and they rightfully expect you to pay interest on that money, the same as with a loan.


auto leasing, answer 7 business students, binding over vs nailing down vs running through vs tying up

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auto leasing question 8
This interest is expressed as a money factor, sometimes called lease factor, and is specified as a small ......... number such as.00297.


auto leasing, answer 8 business school, decimal vs denominator vs percentile vs unrounded

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auto leasing question 9
A good rule of .........: Lease money factors, converted to an annual interest rate, should be comparable to, if not lower than local new-car loan interest rates.


auto leasing, answer 9 business college, calculation vs law vs measure vs thumb

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auto leasing question 10
However, you may not qualify for great money factors unless if you have ......... credit rating.


auto leasing, answer 10 business lesson, a guaranteed vs a relevant vs a spotless vs an unremarkable

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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
You will be exposed to a wealth of authentic sample sentences that include a great variety of themes. This compact Business English Test Package is the only printable English test collection currently available on the Internet. It contains 501 Business English Exercises (10 questions per test plus answer keys).  Get your unique Business English Practice Exercises now!

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