Car Lease Calculator - Simply the Best Auto Lease Payment Calculator
Edmunds Lease Calculator will help you estimate your monthly car payment on a new car or truck lease.
Calculate a lease payment estimate
Benefits of Auto Leasing
- It's less expensive: With the rising retail price of many of today's cars, leasing is often the least expensive way to get a new vehicle. Leasing typically requires lower down payments and lower monthly payments than a car purchase.
- Leases typically end before cars require major service or new tires, so maintenance costs are usually low. Leased vehicles are almost always under the original factory warranty, so owners don't have to worry about the costs of out-of-warranty repairs.
- You can have a new car every few years. Leases, typically for three years, offer a faster turnaround time than the standard auto loan, which is about six years. Leases are also easier to exit than a loan, since you don't have to worry about selling the car or using it as a trade-in, once the lease term is complete.
What to Expect When Calculating Your Own Lease Payment
Calculating your own lease payment to the penny is unrealistic: Taxes and fees will vary by region, and add-on fees can vary from brand to brand. And no matter how hard you try, you're almost guaranteed to leave some fees out of the equation. But you can get pretty close.
Some of that data you need will be available here on Edmunds. But other information you'll need to collect from a dealership. A simple email to a fleet manager or sales manager should be all it takes to get started. Read this article for more detailed information.