Taking advantage of Lease Calculators

 Are you interested in calculating your monthly car lease payment? 

Use a lease calculator to estimate the cost of your lease

The following is a list of key figures you should know if you are considering a car lease: It is important to know how much a lease will cost, what the monthly payments will be, and how much you can save if you lease instead of purchase.

Using a lease calculator relieves you of having to know the complex formula for calculating lease payments. The calculator will do the rest for you! Just enter a few figures and there you go! The total lease cost, taxes, and payments are all summarized in detail.

If you are interested in a specific lease, you should get the following figures from your dealer: Calculate the capitalized cost, the estimated residual value at the end of the lease, and the money factor. See how changing some of the figures affects your lease payments by making assumptions. Residual value, for example, is an estimate of what the vehicle will be worth after the lease has expired. Different scenarios and assumptions can be covered with different estimates. 

The lease calculator only performs calculations and checks the accuracy of abstract mathematical formulas. There is no way for a lease calculator to tell you whether or not it is a good lease.