Car Lease Calculator
This car lease calculator breaks your monthly payment into its two real components — depreciation and the 'rent charge' (lease interest) — using the actual money factor formula dealers use, not a rough approximation. Enter your lease terms to see exactly where your payment comes from.
The negotiated price used as the starting point for the lease.
Any upfront amount you pay to lower the capitalized cost.
What the leasing company expects the car to be worth at lease-end, as a percentage of its price — check your lease offer for this.
Length of the lease.
The lease's interest rate, expressed as a small decimal — multiply by 2,400 to get the equivalent APR (e.g. 0.00125 ≈ 3% APR).
Applied to the monthly lease payment — rules and rates vary by state.
Monthly lease payment
सेव करने के लिए लॉग इन करें₹15,864
Frequently asked questions
Why is my lease payment based on the residual value too?+
The rent charge (lease interest) is calculated on the average of the capitalized cost and residual value, not just the amount you're 'borrowing' — this is standard leasing math, different from how loan interest works.
Can I negotiate the residual value?+
No — the leasing company (usually the manufacturer's captive finance arm) sets this based on expected depreciation for that model. You can negotiate the vehicle price and sometimes the money factor.
What happens if the car is worth more than the residual value at lease-end?+
You can often buy it at the (lower) residual price and resell it, or trade it in and capture the difference as equity toward a new lease or purchase — this is a source of value some lessees miss.