Definitions for "Capitalized Cost Reduction"
An initial cash payment on a lease of up to 20%, similar to a down payment. The more you pay at the start of the lease, the lower the monthly payments. This could be in the form of cash, or the value of a trade, or a combination of the two.
(Down Payment) - This is any amount of cash, trade, or rebate which will reduce the amount financed.
Your down payment by another name.