"Sign this. Sign that. And pay up."

If this is the one-sided conversation you fear will take place between you and your Finance Manager at the time of your vehicle leasing, it's time you wizen up to some car retail terminology and document lingo.

A majority of the language used during auto lease document signing is usually straightforward or relatively comfortable terms that are self-explanatory and painless to comprehend. However, there are a handful of terms that would be categorized as "foreign" to a lessee (especially to a first-time lessee), that should be learned prior to a car leasing deal.

It is also beneficial to be able to compute your own car lease calculator in order to determine the price range and monthly payments you can afford before you begin your car search. Having this knowledge will keep you within your budget and give you negotiating power. You can start by assessing sites such as LeaseTrader.com and SwapaLease.com to compare pricing on the vehicles you may be interested in leasing.

Below is a sample lease document containing some commonly used terms and conditions along with a basic lease calculation formula to give you an idea of what to expect, as well as help you prepare for you car leasing deal.