Auto Lease Calculator
Monthly payment, due-at-signing, and total lease cost.
Depreciation per month: $411
Finance per month: $129
Tax per month: $38
Money factor × 2400 = APR. Don't put cash down on a lease - if the car is totaled in month one, the down payment goes with it. Negotiate the selling price (cap cost) like a purchase, then the residual and money factor are set by the captive lender.
About
Enter MSRP, selling price (cap cost), residual percentage, money factor, term, and tax. The tool breaks the payment into depreciation plus finance, adds tax, and totals the full lease cost.
How to use
- Enter MSRP and selling price.
- Enter residual % and money factor.
- Set the term and tax.
FAQ
What's a money factor?+
The lease equivalent of an interest rate. Multiply by 2400 to get APR (0.0021 ≈ 5.04% APR).
Should I put cash down?+
Generally no. If the car is totaled in month one, the down payment is gone. Roll fees into the cap cost or pay them up front, but skip the cash down.