About the Auto Lease Calculator
Calculate a car lease payment from MSRP, negotiated price, residual value, money factor and fees. This tool is free, works in your browser and needs no sign-up.
How to use the Auto Lease Calculator
Enter the MSRP, the price you negotiated, down payment, residual percent, money factor, term, acquisition fee and tax.
Formula used
Payment = (Cap cost − Residual) ÷ n + (Cap cost + Residual) × money factor, plus tax. Equivalent APR = money factor × 2400.
Example
With MSRP 35000, Negotiated price 33000, Down payment 2500, Residual value (% of MSRP) 60, Money factor 0.0025, the calculator shows: Monthly lease payment = 442.64; Capitalized cost = 31,195.00; Residual value = 21,000.00.
Frequently asked questions
How do I turn a money factor into an APR?
Multiply the money factor by 2400. For example, a money factor of 0.0025 is the same as a 6% APR.
Is the Auto Lease Calculator free to use?
Yes. It is completely free and you can use it as many times as you like.
How accurate is the Auto Lease Calculator?
The calculator uses standard formulas, so the maths is exact. Real life results can differ because of fees, taxes, rounding or personal factors, so treat the answer as an estimate.
Do you store the numbers I enter?
No. All calculations run in your browser. The values you type are not sent to our server.
Disclaimer: results are estimates for information only. They are not financial, medical or professional advice.