Lease Calculator
Estimate monthly car lease payments from cap cost, residual value, and money factor.
Monthly lease payment
$533.89
before sales tax
Depreciation portion
$388.89
Finance portion
$145.00
Total of payments
$21,220
How lease payments split
You pay for the value the car loses (cap cost minus residual, spread over the term) plus finance charges on the money tied up — computed with the money factor, which is just APR ÷ 2400. A high residual is the cheapest lease lever there is.
Negotiate the right numbers
Dealers quote payments; negotiate the cap cost like a purchase price, ask for the money factor and multiply by 2400 to see the real APR, and be wary of large down payments — that money is gone if the car is totaled.
Frequently asked questions
- How does the Lease Calculator work?
- Estimate monthly car lease payments from cap cost, residual value, and money factor.
- Is the Lease Calculator free to use?
- Yes. The Lease Calculator is completely free, runs entirely in your browser, and requires no account or sign-up. Your inputs never leave your device.
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