Lease Calculator

Your details

The manufacturer suggested retail price. The residual percentage is applied to this figure.
The agreed selling price before fees. Lower is better, it cuts both the depreciation and the rent charge.
The car projected worth at lease end, as a percentage of MSRP. Set by the leasing company.
%
months
Dealers quote a money factor; multiply it by 2400 to get the APR. Enter whichever you have.
The lease interest rate in decimal form. Multiply by 2400 to get the approximate APR.
Applied to the monthly payment in most U.S. states.
%
Cash you put down up front. It lowers the capitalized cost and the monthly payment.
Value of a car you trade in (less any loan payoff). Reduces the capitalized cost like a down payment.
Manufacturer cash or other reductions applied to the capitalized cost.
Doc, registration and similar fees rolled into the lease. These raise the capitalized cost.
A bank fee to start the lease, usually 595 to 995. Typically capitalized into the lease.
Currency
Monthly payment (with tax)
$560.30
Net capitalized cost$35,695.00
Residual value$22,040.00
Depreciation fee$379.31
Finance (rent) fee$144.34
Monthly tax$36.66
Due at signing (drive-off)$560.30
Total cost of the lease$20,170.73
Depreciation$379.31
Rent (finance) fee$144.34
Tax$36.66

Your estimated lease payment is about 560.3 per month, with 560.3 due at signing.

  • The money factor 0.0025 works out to roughly 6% APR. Multiply any money factor by 2400 to compare it to a loan rate.
  • Depreciation is 379.31 a month and the rent fee adds 144.34. A higher residual lowers depreciation but raises the rent charge.
  • Over 36 months the lease costs about 20,170.73 in total, including any cash and trade-in you put up front.

Next stepNegotiate the selling price down and ask for the money factor in writing, both directly cut your monthly payment.

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