Definitions for "Base monthly payment"
The portion of your monthly car payments that goes to depreciation over the life time your auto lease. It is calculated as (Net Capitalized Cost Residual) / (the number of months in a vehicle lease).
The monthly lease payment before any applicable taxes or fees have been added to it. It is computed using two factors; the total lease term Depreciation and total lease term Rent Charge
Lease charges, monthly estimated depreciation and amortized amounts divided by the number of months in the lease.