Car Lease Calculator

Calculate your monthly lease payment and total cost

MSRP ($)

Negotiated Price ($)

Residual Value (%)

Money Factor

Lease Term (months)

Down Payment ($)

Trade-in Value ($)

Fees & Taxes ($)

Monthly Payment

Depreciation Cost

Finance Charge (Rent)

Total Monthly (before tax split)

Total Lease Cost

Equivalent APR

What Do These Terms Mean?

Money Factor: The lease equivalent of an interest rate. Multiply by 2400 to get the approximate APR. A money factor of 0.00125 equals about 3% APR.

Residual Value: The predicted value of the car at lease end, expressed as a percentage of MSRP. Higher residual = lower monthly payment because you're paying for less depreciation.

Capitalized Cost: Your negotiated price minus down payment and trade-in, plus fees. This is the net amount being financed.