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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

Net interest rate

The total interest rate for the lease. It represents the lease's true cost, similar to an APR for a bank or credit union loan. The lower the net interest rate, the lower the cost of the lease.
 
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