Car Lease Calculator – Estimate Your Monthly Lease Payment
Whether you're comparing offers or building a budget, our free car lease calculator gives you a quick and accurate breakdown of what to expect—based on real lease variables like residual value, money factor, and lease term. We calculate your monthly lease payment using real-world leasing variables like residual value and the money factor. Plus, we break down hidden fees and show you how to reduce your monthly cost. No confusing math. No dealership gimmicks. Just a clear, simple way to understand your leasing costs before you step on the lot.
Why Use Our Car Lease Calculator?
Leasing a car can be a smart financial move—if you know the numbers. Our car lease calculator helps you:
- Estimate monthly lease payments
- Compare lease offers from different dealerships
- Understand how factors like down payment, money factor, residual value, and lease term affect your total cost
Use our Car Lease Calculator before heading to the dealership so you can walk in with confidence—and avoid overpaying.
What You’ll Need to Use This Lease Calculator:
- Year, Make, Model, Trim or VIN
- MSRP and vehicle selling price
- Zip code
- Your down payment amount
- Sales tax % and fees
Vehicle Details
Monthly Payment
$ ----
Term
-- mo
Yearly Mileage
-- ---
Due at Signing
$ ----
$ ----
$ ----
$ ----
$ ----
$ ----
Gross Cap Cost
$ ----
----
% ----
$ ----
$ ----
---- months
$ ----
$ ----
$ ----
Total Monthly Payment
$ ----
$ ----
$ ----
Ready to make it yours?
Car Leasing Guides
For some car buyers, leasing is a great way around depreciation.
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Negotiate a car lease to protect your wallet and lower monthly payments.
Who Should Lease?
Frequently Asked Questions
What is leasing a car?
A car lease is a long-term rental agreement that lets you drive a new or used vehicle for a fixed period—typically 24 to 36 months—without owning it. You make monthly payments based on the vehicle’s depreciation, not its full value. At the end of the lease, you can either return the car, buy it for a predetermined price, or start a new lease. Leasing is popular for drivers who want lower monthly payments, prefer to drive a newer car every few years, and don’t want the long-term commitment of ownership.
What’s the difference between leasing and financing a car?
When you lease a car, you’re essentially renting it for a set period—usually 24 to 36 months. You’re only paying for the depreciation during the lease term. Financing (or buying) means you’re working toward full ownership, which typically involves higher monthly payments but no mileage limits or lease-end fees.
Can I use the calculator for any car?
No! You can only estimate lease payments for any new vehicle with a lease option.
Why is residual value important in a lease?
The higher the residual value, the lower your monthly payment will be. Our calculator shows how this affects your lease cost.
Are there hidden costs in a car lease?
Yes, and it’s important to be aware of them. Leases can include acquisition fees, disposition fees, excess mileage charges, and wear-and-tear penalties. Our car lease calculator gives you a base estimate, but always review the lease agreement for additional costs before signing.
What’s the best way to lease a car?
Smart shoppers start by understanding the numbers—like lease terms, money factor, and residual value. That’s where our CarEdge Lease Calculator and CarEdge Insights come in. Insights gives you all the local market data you need to compare deals and negotiate with confidence. Want someone to handle the lease negotiation for you? Our CarEdge Concierge service will do the heavy lifting and secure the best deal, all while saving you time and money.
