TaxBreaks한국어

Car Lease Calculator

A lease payment is depreciation plus a rent charge. Enter the deal terms to see the monthly payment and convert the money factor to an APR.

Car lease calculator

$
$
$
$
% of MSRP

= 5.04% APR

%

Monthly lease payment

$529.55

36 payments · $21,564 total out of pocket

Adjusted cap cost
$37,500
Residual value
$24,360
Depreciation per month
$365.00
Rent charge per month
$129.91
Sales tax per month
$34.64

Excludes acquisition and disposition fees, registration and first-month payment due at signing. Some states tax the full price up front instead of each payment.

ShareXFacebookReddit

Frequently asked questions

How do I convert a money factor to APR?

Multiply by 2,400. A money factor of 0.0021 equals about a 5.04% APR.

Is it better to lease or buy?

Leasing usually costs less per month but more over time if you keep cars for many years. Buying wins when you drive a car past the point the loan is paid off.

Should I put money down on a lease?

Large down payments are usually discouraged: if the car is totaled or stolen early, gap coverage pays the leasing company, not you.

Related calculators

Auto loan calculatorCar loan interestDebt-to-income ratio