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Car Lease Calculator

Inputs

The manufacturer's suggested retail price (MSRP) of the vehicle

Upfront payment to reduce the capitalized cost

Estimated vehicle value at end of lease (typically 50-60% of MSRP)

Duration of the lease agreement in months

Financing rate (money factor); multiply APR by 0.00417 to convert

One-time fee charged by the leasing company at signing

End-of-lease fee for vehicle return and reconditioning

Local sales tax percentage applied to monthly payment

Results

Monthly Payment
Total monthly lease payment including taxes and fees
Depreciation Fee
Finance Charge
Total Lease Cost
Capitalized Cost
Residual Amount
Formula
Monthly Payment = ((Cap Cost - Residual) / Term) + ((Cap Cost + Residual) × Money Factor) + Taxes
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