Car lease calculator

Work out any lease payment the way dealers do, with tax on the monthly payment and on the cash down.

MSRPSelling priceLease incentivesCash downTerm (months)Residual % of MSRPMoney factorEquivalent APR %Acquisition fee (in lease)Fees at signingSales tax %

Monthly payment with tax

$591.90

$1,191.90 due at signing · true cost $608.57/mo

Adjusted cap cost	$38,195.00
Residual value	$23,200.00
Depreciation / mo	$416.53
Rent charge / mo	$122.79
Tax / mo	$52.58
Zero-down payment as % of MSRP	1.35%
Total cost	$21,908.45

Find the money factor hidden in an ad

Lease ads list the net capitalized cost and the purchase option (residual) in the fine print.

Advertised payment (before tax)Net cap costResidual / purchase optionTerm

Money factor 0.00046 ≈ 1.11% APR.