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.
Result
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 calculationUnderstanding 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.
- 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.
Try these inputsCommon 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 methodology, rule versions and testing limitations
- Reference calculator for feature comparison (not a model-parity certification)
Calculation notes checked . Examples are mathematical checks under the stated assumptions.
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.