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Car Lease Calculator

Estimate monthly lease payments from the capitalized cost, residual value, lease length, money factor, any cap-cost reduction, and a tax rate you enter.

Use one currency for every money amount. Enter the money factor as a decimal, such as 0.002.

Adjusted cost = capitalized cost − reduction. Monthly depreciation = (adjusted cost − residual) ÷ months. Monthly rent charge = (adjusted cost + residual) × money factor. Tax is applied only to the estimated pre-tax monthly payment.

Illustrative arithmetic only. A lease quote can include fees, taxes on different bases, incentives, mileage limits, due-at-signing amounts and local rules not modeled here. Verify every number with the lessor.

Your entries stay in this browser tab. They are not uploaded or automatically saved.

How is a car lease payment estimated?

The estimate separates monthly depreciation from the rent charge: depreciation is adjusted capitalized cost minus residual value, divided by the term; the rent charge is their sum multiplied by the money factor. An optional entered tax rate is applied to the pre-tax payment.

Frequently asked questions

How is a car lease payment estimated?

The estimate separates monthly depreciation from the rent charge: depreciation is adjusted capitalized cost minus residual value, divided by the term; the rent charge is their sum multiplied by the money factor. An optional entered tax rate is applied to the pre-tax payment.

Are my lease details uploaded?

No. The estimate runs in this browser tab. Inputs are not uploaded or automatically saved.

What is the money factor?

It is a lease pricing input used by this estimate in the rent-charge formula. Enter the factor from a quote; this tool does not convert an APR or verify a lender’s method.

Does the monthly estimate include every lease charge?

No. The optional tax is applied to this estimate’s pre-tax payment only. Registration, acquisition and disposition fees, insurance, mileage charges, local tax treatment, incentives and amounts due at signing may change an actual quote.

Is this a loan payment calculator?

No. A lease estimate includes a residual value and a rent charge. It does not calculate ownership, a loan amortization schedule, vehicle value, or whether a lease is affordable.