Calculate a car lease payment, residual value, depreciation fee, finance charge, sales tax, drive-off cost, mileage charges, and total lease cost. Use this car lease calculator to estimate the true monthly and total cost of leasing a vehicle.
Monthly lease payment:
Uses selling price, residual value, lease term, money factor, taxes, fees, rebates, and upfront reductions to estimate the monthly payment.
Total lease cost:
Adds all monthly payments, down payment, extra due at signing, and estimated excess mileage charges.
Excess mileage cost:
Compares your expected mileage with the lease allowance and applies the excess mileage rate.
Lease buyout estimate:
Uses residual value and purchase option fee to estimate the end-of-lease buyout amount before taxes or dealer-specific charges.
A car lease calculator helps estimate the true cost of leasing before signing a lease agreement.
It can help compare lease offers, selling prices, residual values, money factors, mileage limits, rebates, and upfront costs.
Your result shows monthly lease payment, pre-tax payment, depreciation fee, finance charge, residual value, adjusted capitalized cost, drive-off cost, effective monthly cost, total lease cost, excess mileage charge, and buyout estimate. These are estimates based on the values you enter.
Add the depreciation fee, finance charge, and sales tax to estimate the monthly lease payment.
Residual value is the estimated value of the vehicle at the end of the lease. A higher residual value usually lowers the monthly payment.
Money factor is the lease finance factor. To estimate an APR-like rate, multiply the money factor by 2400.
Adjusted capitalized cost is the lease amount after adding eligible fees and subtracting down payment, trade-in credit, and rebates.