Lease or Buy Calculator

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Car Leasing Calculator

Use this calculator to calculate a lease payment or to compare leasing and buying

Results Overview

Monthly lease

Monthly Payment

Your Data

Lease Information

Total Price of Vehicle:
Lease Term (in Months):

Enter Interest Rate (APR) (5% would be entered as 5, not .05)?:
Or Enter Money Factor?:
Acquisition Fee?:
Residual Percent ?:
Cash Due at Signing?:

Optional Comparisons

None

Compare to Purchasing with Loan

Compare to Paying Cash

cash detail

Total Price of Vehicle:
Replace your car every this many years:

Other Information

State:
Local Sales Tax Rate:	%
Savings Interest Rate: (used to calculate potential interest on down payment)	%

Yearly Detail

Projections assume car loses 20% of value first year, 15% each year thereafter.

Savings Interest Earned is calculated on the difference between your loan (or cash) down pay and the cash due at signing for the lease. Since this is interest you WOULD have earned if you had not made the down payment (or cash purchase) this adds to the Loan Net Cost to Own.

For your convenience on return visits your data available on this computer for 60 days from last use. You can erase all entries by clicking Here