Auto Lease Calculator

Calculate an auto lease payment or solve the negotiated vehicle price.

Calculate the depreciation charge and rent charge on a vehicle lease.

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Result

Vehicle price$35,000.00
Monthly lease payment$494.95
Monthly depreciation charge$352.78
Monthly rent charge$109.79
Monthly tax$32.38
Total lease cash outlay$20,818.18
Money factor0.0021

How to use this calculator

Calculate the depreciation charge and rent charge on a vehicle lease. Enter amounts in the units shown, select the applicable options, and click Calculate. Use Reset to restore the starting values.

Calculation formula

Base payment = (capitalized cost − residual)/months + (capitalized cost + residual) × money factor; money factor = APR/2400.

Assumptions and accuracy

Review timing, rates, fees and result notes when comparing scenarios. Future returns and rates are assumptions rather than guaranteed outcomes. Monetary display follows the currency’s precision; intermediate calculations retain additional digits.

Choose what to calculate

Car lease calculator with residual value

Estimate a car lease payment from depreciation, financing charges, residual value and selected taxes. A residual estimate does not guarantee resale value.

Related searches: Car lease calculator

Open this calculation

Understanding this calculation

Estimate an auto lease payment from capitalized cost, residual value, term and finance charge. An APR input and a money-factor input are different ways to describe the model's financing assumption.

Worked examples

A lease payment with no finance charge

Illustrative inputs are specified in the steps below; the example link loads the complete settings. Unmentioned settings use the linked defaults.

  1. Capitalized cost less residual is 20,000 − 8,000 = 12,000. Over 24 months, depreciation costs 500 monthly. Rate and tax are zero in this example.

Monthly lease payment: 500 USD.

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Common questions

How does residual value affect an auto lease payment?

A larger residual reduces the modeled depreciation portion, although financing charges and other contract terms still matter.

Is an APR percentage the same as a money factor?

No. The tool uses the conversion described in its formula. Select the correct rate unit before entering a quote.

Scope and assumptions

This is a simplified lease estimate. Mileage charges, wear, acquisition/disposition terms and jurisdiction-specific lease taxation can differ.

Sources

Calculation methods and formulas

Lease Payment

Calculate the depreciation charge and rent charge on a vehicle lease.

Base payment = (capitalized cost − residual)/months + (capitalized cost + residual) × money factor; money factor = APR/2400.

Vehicle Price from Payment

Calculate the depreciation charge and rent charge on a vehicle lease.

Base payment = (capitalized cost − residual)/months + (capitalized cost + residual) × money factor; money factor = APR/2400.

See our calculation methodology and review status for data versions, rounding and validation limitations.