Auto Lease Calculator

Estimate auto lease payment, residual value, tax, and total lease cost from lease assumptions.

Last reviewed
July 8, 2026
Cost
Free to use
Data
Runs in your browser

Residual Value

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Base Lease Payment

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Payment With Tax

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Total Lease Cost

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Methodology

How this calculator handles inputs

This calculator uses the values you enter above and applies the formula explained in the guide below. Results update in the browser and are intended for quick planning, comparison, and sanity-checking.

  • Use consistent periods, currencies, and units across inputs.
  • Review any assumptions before using the result in a decision.
  • Recalculate when rates, prices, tax rules, or business terms change.

Guide

How it works

Use this calculator to estimate an auto lease payment from MSRP, negotiated price, residual value, money factor, term, down payment, and tax.

What this calculator does

The auto lease calculator estimates base payment, payment with tax, residual value, and total lease cost.

Formula

Depreciation fee = (capitalized cost - residual value) / term

Finance fee = (capitalized cost + residual value) x money factor

Lease payment = depreciation fee + finance fee

How to use it

Enter the vehicle MSRP, negotiated price, residual percentage, money factor, lease term, down payment, and sales tax rate.

Common mistakes

  • confusing APR with money factor
  • comparing lease payment without down payment
  • ignoring mileage and end-of-lease fees

FAQs

What is money factor?

Money factor is the lease financing charge. A rough APR estimate is money factor x 2400.

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