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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

Total Payments
Est. Payment
/mo

Vehicle Details

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Results will be based on recent purchases near Ashburn, VA

Pricing Details

MSRPUpdate this price to the Manufacturer's Suggested Retail Price for the vehicle you are buying including any installed optional equipment, but excluding taxes and fees. We'll determine the suggested price to pay based on the Style you selected.
$
Selling Price Before IncentivesThe selling price of the new or used vehicle for monthly loan payment calculation.
$
Cash IncentivesAvailable incentives and rebates included in the monthly payment estimate.
$
Selling Price After Incentives
Residual valueRemaining value of the vehicle at the end of the lease term. This may range from 54% - 68%.
%

Trade-in and Down Payment

Enter the details of your Trade-in to receive the most accurate calculation.
Value of Your Trade-inThe value of your currently owned vehicle credited towards the purchase or lease of the vehicle you are acquiring. If you select a vehicle using the "Value your trade-in" button, the value displayed in the calculator will be the Edmunds.com True Market Value trade-in price for a typically-equipped vehicle, assuming accumulated mileage of 15,000 miles per year.
$
Amount Owed on Your Trade-inThe remaining balance on a loan for your trade-in will be deducted from the trade-in value.
$
Cap Cost ReductionThe cap cost reduction is cash paid up front to reduce the monthly lease payment.
$

Financing

Acquisition FeeSometimes called a bank fee or administrative fee, this is a fee that leasing companies charge to arrange the lease.
$
Dealer FeesA fee charged by the dealership to process the vehicle’s paperwork
$
Estimated Money FactorIn leasing, the money factor is essentially the interest rate you'll pay during your lease. It's sometimes called a "lease factor" or even a "lease fee". We typically show the "buy rate", which is the rate set by the finance company. However, each dealer may include additional markup on this rate, resulting in a higher money factor than what is shown here. This rate may only apply to certain buyers. See dealer for details.
Equivalent to 4.39% APR
Security Deposit
$
Taxes and FeesEstimated taxes and fees based on zip code entered
Includes acquisition & dealer fee in amount shown
$
For zip code

Estimated Monthly Payment

Total of Lease Payments
Monthly Lease Payment
(Before Taxes and Fees)
Monthly Lease Payment
(After Taxes and Fees)

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.