A bootstrap is the process of starting up a computer. It also refers to the program that initializes the operating system (OS) during start-up. The term bootstrap or bootstrapping originated in the early 1950s. It referred to a bootstrap load button that was used to initiate a hardwired bootstrap program, or smaller program that executed a larger program such as the OS.
For returning lease customers, the $350 disposition fee will be waived when entering a new lease/loan with BMW Financial Services again, as well as the security deposit will be waived (with approved credit).
â  Adjusted cap cost: $30,000 (Since there is no cap cost reduction in this example.). â  Assume the residual (projected vehicle disposal) value at lease end is $12,000. â  Subtract the residual from the adjusted cap cost, and the total lease balance is $18,000.Note: A lease may also include a refundable security deposit, a non-refundable acquisition fee [see sidebar for definition] and other miscellaneous fees, which are not reflected in the example above.). The bank loan balance is $31,800 to purchase the vehicle, while the lease balance is $18,000 to use the vehicle.