Car Lease Calculator

Calculate car lease payments and total cost.

Use the Car Lease Calculator

Enter lease terms. Monthly payment and total cost are calculated.

Inputs

Lease terms.

Results

Monthly payment (est.)
$431
Residual value
$19,250
Total lease cost
$15,518

Excludes taxes and fees. Money factor x 2400 approx APR.

How this calculator works

Enter MSRP, negotiated cap cost, residual %, term, and money factor. Monthly payment is depreciation plus finance charge.

FAQs

What is money factor?
Lease equivalent of interest rate. Multiply by 2400 to approximate APR.
Lease vs buy?
Lease: lower payments, no equity. Buy: ownership, higher payments.

Related tools

Car Lease Calculator

Calculate car lease payments and total cost.

Use the Car Lease Calculator

Enter lease terms. Monthly payment and total cost are calculated.

Inputs

Lease terms.

Results

Monthly payment (est.)
$431
Residual value
$19,250
Total lease cost
$15,518

Excludes taxes and fees. Money factor x 2400 approx APR.

How this calculator works

Enter MSRP, negotiated cap cost, residual %, term, and money factor. Monthly payment is depreciation plus finance charge.

FAQs

What is money factor?
Lease equivalent of interest rate. Multiply by 2400 to approximate APR.
Lease vs buy?
Lease: lower payments, no equity. Buy: ownership, higher payments.

Related tools