Car Leasing 301 - Car Lease Calculator Example

Sample Lease Calculation

MSRP

$25,000

Base Cap Cost

$23,500

Costs added to lease

+$500

Cap Cost Reductions

-$2,100

Adjusted Cap Cost

$21,900

Residual Value

$15,000 (60%)

Money Factor

.0035

Terms (months)

36

Sales Tax Percentage

7.5%

Monthly Payment: $320.82 + $24.06 = $344.88

Depreciation:

$6,900

Rent Charge or Finance Charge:

$4,649

Total Sales Tax:

$1,024

Total All Payments:

$12,415

Total Lease Cost:

$14,672.5