Auto Lease Calculator

Auto Lease Calculator

? The agreed upon purchase price of the vehicle to be leased
? The amount of money the buyer is paying up front to reduce the price of the vehicle. This is also called "Cap Cost Reduction"
? The amount of months the lease term will be in place
? It's predetermined at the beginning of the lease. It is the value the vehicle can be purchased for at the end of the lease. It's typically expressed as a percentage of the vehicle's original MSRP (Manufacturer's Suggested Retail Price)
? The interest rate for the loan to lease the vehicle. This can also be referred to as the money factor.
? Money Factor = Interest Rate ÷ 2400 or Interest Rate = Money Factor × 2400
? State and Local Tax, calculated into the Monthly Payment and the DownPayment
? The amount that a dealership will offer for your current vehicle when you trade it in as a partial payment towards the vehicle you want to purchase. Less any money owned on the trade-in.

This calculator helps you estimate your monthly lease payment and total cost of leasing a vehicle. To use the calculator, input your vehicle's price, down payment, lease term, residual value percentage, interest rate or money factor, and sales tax rate.

The calculation includes sales tax on both monthly payments and the down payment, showing you a complete breakdown of all costs associated with your lease.

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