KLOORACar Lease Calculator
Estimate a monthly car lease payment from price, residual value, money factor and term.
Quick answer: Car Lease Calculator: Estimate a monthly car lease payment from price, residual value, money factor and term. Everything runs in your browser, so nothing you enter is uploaded or stored.
How to use Car Lease Calculator
- Enter your values in the fields.
- The results update instantly as you type.
- Note or copy the numbers you need.
Features
- Instant results
- Free, no signup
- Runs in your browser, nothing is uploaded
- Works on phone and desktop
How it works
Payment = (cap cost - residual) / months + (cap cost + residual) x money factor, then add sales tax.
Worked example
A 38,000 car with 2,000 down, a 58 percent residual of 40,000 and a 0.0028 money factor over 36 months costs about 558 a month.
Good to know
Add acquisition and disposition fees if your quote includes them.
Frequently asked questions
How is a lease payment calculated?
Depreciation (cap cost minus residual, divided by months) plus the rent charge ((cap cost + residual) x money factor), plus sales tax.
How do I convert money factor to APR?
Multiply the money factor by 2,400.
Is the Car Lease Calculator free?
Yes. It is free, needs no signup and works on any device.