Car Lease Calculator

Deconstruct the dealership's math. Calculate your exact monthly lease payment, money factor (APR), and total out-of-pocket cost.

Lease Terms

MSRP ($)

Negotiated Price ($)

Down Payment ($)

Trade-In ($)

Rates & Fees

Lease Term (Months)36 Mos

Residual Value (% of MSRP)55%

Typically 50-60% for a 3-year lease.

Money Factor

= 6.00% APR

Sales Tax Rate (%)7.00%

Total Monthly Payment

$594

For 36 months. Includes taxes & fees.

The Math Deconstructed

Net Capitalized Cost (Loan Amt)$39,000

Residual Value (Buyout Price)$24,750

Monthly Depreciation Fee$396

Monthly Rent Charge (Interest)+$159

Monthly Taxes (7%)+$39

Total Cost of Lease$24,387

The Total Cost of Lease includes your down payment, trade-in, and all monthly payments over 36 months. At the end of the lease, you can return the car or buy it for the Residual Value of $24,750.

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