Gross Capitalized Cost (Lease Calc Worksheet) 9/13 rev

Wisconsin law requires that dealers disclose material components of a lease.  Wisconsin's DFI has interpreted that law to include the Lease Acquisition Fee.  Because of this interpretation, dealers are required to disclose the components of gross capitalized cost on all lease transactions.  Many Lease Agreement Forms, but not all, include a list of the components.  The 13A Gross Capitalized Cost Calculation Worksheet is a form that the dealership may use to record the components of the capitalized cost entered on a Motor Vehicle Prelease Agreement, Motor Vehicle Lease Order or Motor Vehicle Lease Agreement and has been approved to serve as the Components of Gross Capitalized Cost disclosure document.  It, or a different form that performs the same function, is required on every lease transaction in Wisconsin.  When it is serving the purpose of performing the required disclosure of the Components of Gross Capitalized Cost a copy must be given to the customer.  If it is being used as an internal calculation document the dealer may show it to the customer but is not required to.

This form can also serve as a sales tax calculation worksheet for dealers disclosing the components of lease and applicable taxes to either the customer or the lessor. An electronic (Excel spreadsheet) version is available to WATDA members.

• 8-1/2" x 11-3/4"
• 2-part carbonless
• Printed black ink
• 100/pack