How to manually calculate a car lease

 · Walk Through a Sample Lease Step 1. Take the vehicle's MSRP and multiply it by its residual percentage to get the residual value. $23, x = Step 2. Take your negotiated sales price and add in all the fees you'll have to pay. For our example, we've negotiated a Step 3. Take the total.  · Depreciation Fee = (Net Cap Cost – Residual) ÷ Term. Remember, Net Cap Cost is Gross Cap Cost (selling price you negotiate with the dealer) plus any add-on dealer fees and taxes that will not be paid up-front in cash, plus any prior loan balances, minus any Cap Cost Reductions (down payment, trade-in, or rebates). Free car lease payment calculator - calculate your monthly lease payment. Get accurate auto lease payment pricing on any car at Edmunds.

‎LeaseSmart Car Lease and Loan Calculator LeaseSmart App is an auto lease and finance calculator for car shoppers. Take control over your vehicle finance of lease process and know exactly how much your monthly payments should be. Do not let the dealership dictate you the terms, go in armed with the. Recalculating the implicit rate of the lease. Based on the inputs in Example 1, the calculated implicit rate in the lease is %. Applying % as the discount rate, the present value of the future lease payments should equate to $55, This can be demonstrated in Excel using either PV or NPV function. For our example, we are going to lease a car with an MSRP of $23, This car will have a residual value of 57% and a money factor of We will have a $1, down payment, and the car will.

To calculate a lease payment, start by calculating the net capitalized cost, which is the negotiated selling price minus any down payment or other credits, like a trade-in. Next, determine the residual value of the car at the end of the lease by multiplying the sticker price of the car by the percentage to find the residual value. Based on the lease configuration, the leasing company sets a residual value of 52% at the end of the lease. 52% of $60, is $31,, so the residual value is $31, Now that we have the capitalized cost and the residual value, we’re ready to calculate the depreciation fee. We’ve already discussed the separate factors that contribute to the cost of car leasing: net cap cost, cap cost reductions, residual, money factor, and term (see How Leasing Works). Now, let’s put it all together and see exactly how a monthly lease payment is calculated.