- $504/mo est.$2,500 down
- Exterior color: Soul Red Crystal MetallicSoul Red Crystal Metallic
- Interior color: Black leatherBlack leather
- 4cyl manual
- Jenkins Mazda (1,831 mi away)(6)
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Estimate Lease Details
$504/month for 36 months
$2,500 Down payment
$3,004 Due at signing
$3,004 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $20,644 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through June 30, 2025.
Located in Ocala, FL / 1,831 miles away from Billings, MT
The price does not include tax, tag, license, an electronic filing fee of $449.00**, a private tag agency fee of $199.00**, and a predelivery service ...
Features and Specs:
Listing Information:
VIN: JM1NDAM70S0656287
Stock: M11227
Listed since: 06-20-2025 - $491/mo est.$2,500 down
- Exterior color: Aero GrayAero Gray
- Interior color: Black leatherBlack leather
- 4cyl manual
- Jenkins Mazda (1,831 mi away)(6)
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Estimate Lease Details
$491/month for 36 months
$2,500 Down payment
$2,991 Due at signing
$2,991 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $20,161 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through June 30, 2025.
Located in Ocala, FL / 1,831 miles away from Billings, MT
The price does not include tax, tag, license, an electronic filing fee of $449.00**, a private tag agency fee of $199.00**, and a predelivery service ...
Features and Specs:
29 Combined MPG (26 City/34 Highway)
Listing Information:
VIN: JM1NDAM73R0607577
Stock: M10801
Listed since: 10-18-2024 - $518/mo est.$2,500 down
- Exterior color: Jet Black MicaJet Black Mica
- Interior color: Black leatherBlack leather
- 4cyl automatic
- Jenkins Mazda (1,831 mi away)(6)
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Estimate Lease Details
$518/month for 36 months
$2,500 Down payment
$3,018 Due at signing
$3,018 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $21,130 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through June 30, 2025.
Located in Ocala, FL / 1,831 miles away from Billings, MT
The price does not include tax, tag, license, an electronic filing fee of $449.00**, a private tag agency fee of $199.00**, and a predelivery service ...
Features and Specs:
30 Combined MPG (26 City/35 Highway)
Listing Information:
VIN: JM1NDAM76R0601627
Stock: M10429
Listed since: 03-26-2024 - $584/mo est.$2,500 down
- Exterior color: Jet Black MicaJet Black Mica
- Interior color: Black leatherBlack leather
- 4cyl manual
- Jenkins Mazda (1,831 mi away)(6)
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Estimate Lease Details
$584/month for 36 months
$2,500 Down payment
$3,084 Due at signing
$3,084 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $23,537 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through June 30, 2025.
Located in Ocala, FL / 1,831 miles away from Billings, MT
The price does not include tax, tag, license, an electronic filing fee of $449.00**, a private tag agency fee of $199.00**, and a predelivery service ...
Features and Specs:
29 Combined MPG (26 City/34 Highway)
Listing Information:
VIN: JM1NDAL76R0608871
Stock: M10886
Listed since: 11-27-2024 - $579/mo est.$2,500 down
- Exterior color: Deep Crystal Blue MicaDeep Crystal Blue Mica
- Interior color: Black leatherBlack leather
- 4cyl manual
- Jenkins Mazda (1,831 mi away)(6)
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Estimate Lease Details
$579/month for 36 months
$2,500 Down payment
$3,079 Due at signing
$3,079 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $23,359 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through June 30, 2025.
Located in Ocala, FL / 1,831 miles away from Billings, MT
The price does not include tax, tag, license, an electronic filing fee of $449.00**, a private tag agency fee of $199.00**, and a predelivery service ...
Features and Specs:
29 Combined MPG (26 City/34 Highway)
Listing Information:
VIN: JM1NDAL76R0609406
Stock: M10925
Listed since: 12-23-2024 - $502/mo est.$2,500 down
- Exterior color: Aero GrayAero Gray
- Interior color: Tan Nappa premium leatherTan Nappa premium leather
- 4cyl manual
- Jenkins Mazda (1,831 mi away)(6)
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Estimate Lease Details
$502/month for 36 months
$2,500 Down payment
$3,002 Due at signing
$3,002 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $20,579 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through June 30, 2025.
Located in Ocala, FL / 1,831 miles away from Billings, MT
The price does not include tax, tag, license, an electronic filing fee of $449.00**, a private tag agency fee of $199.00**, and a predelivery service ...
Features and Specs:
29 Combined MPG (26 City/34 Highway)
Listing Information:
VIN: JM1NDAM7XR0609682
Stock: M10872
Listed since: 11-25-2024 - $521/mo est.$2,500 down
- Exterior color: Zircon Sand MetallicZircon Sand Metallic
- Interior color: Black leatherBlack leather
- 4cyl automatic
- Jenkins Mazda (1,831 mi away)(6)
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Estimate Lease Details
$521/month for 36 months
$2,500 Down payment
$3,021 Due at signing
$3,021 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $21,273 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through June 30, 2025.
Located in Ocala, FL / 1,831 miles away from Billings, MT
The price does not include tax, tag, license, an electronic filing fee of $449.00**, a private tag agency fee of $199.00**, and a predelivery service ...
Features and Specs:
30 Combined MPG (26 City/35 Highway)
Listing Information:
VIN: JM1NDAM72R0609949
Stock: M10913
Listed since: 12-16-2024 - $517/mo est.$2,500 down
- Exterior color: Soul Red Crystal MetallicSoul Red Crystal Metallic
- Interior color: Black leatherBlack leather
- 4cyl automatic
- Jenkins Mazda (1,831 mi away)(6)
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Estimate Lease Details
$517/month for 36 months
$2,500 Down payment
$3,017 Due at signing
$3,017 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $21,103 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through June 30, 2025.
Located in Ocala, FL / 1,831 miles away from Billings, MT
The price does not include tax, tag, license, an electronic filing fee of $449.00**, a private tag agency fee of $199.00**, and a predelivery service ...
Features and Specs:
Listing Information:
VIN: JM1NDAM79S0655333
Stock: M11219
Listed since: 06-12-2025 - $550/mo est.$2,500 down
- Exterior color: Aero Gray MetallicAero Gray Metallic
- Interior color: Tan Nappa premium leatherTan Nappa premium leather
- 4cyl automatic
- Seacoast Mazda (1,853 mi away)
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Estimate Lease Details
$550/month for 36 months
$2,500 Down payment
$3,050 Due at signing
$3,050 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $22,299 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through June 30, 2025.
Located in Portsmouth, NH / 1,853 miles away from Billings, MT
Features and Specs:
Listing Information:
VIN: JM1NDAM70S0655608
Stock: N6548
Listed since: 06-13-2025 - $572/mo est.$2,500 down
- Exterior color: Aero Gray MetallicAero Gray Metallic
- Interior color: Black leatherBlack leather
- 4cyl automatic
- Seacoast Mazda (1,853 mi away)
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Estimate Lease Details
$572/month for 36 months
$2,500 Down payment
$3,072 Due at signing
$3,072 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $23,107 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through June 30, 2025.
Located in Portsmouth, NH / 1,853 miles away from Billings, MT
Features and Specs:
Listing Information:
VIN: JM1NDAM70S0656161
Stock: N6597
Listed since: 06-19-2025 - $548/mo est.$2,500 down
- Exterior color: Soul Red Crystal MetallicSoul Red Crystal Metallic
- Interior color: Black leatherBlack leather
- 4cyl automatic
- Seacoast Mazda (1,853 mi away)
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Estimate Lease Details
$548/month for 36 months
$2,500 Down payment
$3,048 Due at signing
$3,048 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $22,213 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through June 30, 2025.
Located in Portsmouth, NH / 1,853 miles away from Billings, MT
Features and Specs:
Listing Information:
VIN: JM1NDAM76S0654396
Stock: N6267
Listed since: 06-10-2025 - $541/mo est.$2,500 down
- Exterior color: Jet Black MicaJet Black Mica
- Interior color: Black leatherBlack leather
- 4cyl automatic
- Ira Mazda (1,854 mi away)
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Estimate Lease Details
$541/month for 36 months
$2,500 Down payment
$3,041 Due at signing
$3,041 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $21,959 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through June 30, 2025.
Located in Westwood, MA / 1,854 miles away from Billings, MT
Navigation, Heated Leather Seats, ALL WEATHER FLOOR MATS, Aluminum Wheels, Back-Up Camera, Premium Sound System. Jet Black Mica exterior and Black int...
Features and Specs:
Listing Information:
VIN: JM1NDAM7XS0652182
Stock: S0652182
Listed since: 06-20-2025 - $549/mo est.$2,500 down
- Exterior color: Snowflake White Pearl MicaSnowflake White Pearl Mica
- Interior color: Tan Nappa premium leatherTan Nappa premium leather
- 4cyl automatic
- Ira Mazda (1,854 mi away)
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Estimate Lease Details
$549/month for 36 months
$2,500 Down payment
$3,049 Due at signing
$3,049 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $22,262 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through June 30, 2025.
Located in Westwood, MA / 1,854 miles away from Billings, MT
NAV, Heated Leather Seats, Alloy Wheels, Back-Up Camera, Premium Sound System. Snowflake White Pearl Mica exterior and Tan interior. Warranty 5 yrs/60...
Features and Specs:
Listing Information:
VIN: JM1NDAM75S0650453
Stock: S0650453
Listed since: 03-17-2025 - $662/mo est.$2,500 down
- Exterior color: Soul Red Crystal MetallicSoul Red Crystal Metallic
- Interior color: Black Nappa premium leather/alcantaraBlack Nappa premium leather/alcantara
- 4cyl manual
- Ira Mazda (1,854 mi away)
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Estimate Lease Details
$662/month for 36 months
$2,500 Down payment
$3,162 Due at signing
$3,162 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $26,343 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through June 30, 2025.
Located in Westwood, MA / 1,854 miles away from Billings, MT
Heated Leather Seats, SOUL RED CRYSTAL METALLIC PAINT CHARG... Alloy Wheels, Back-Up Camera, Premium Sound System, Satellite Radio. Soul Red Crystal M...
Features and Specs:
Listing Information:
VIN: JM1NDAL73S0652493
Stock: S0652493
Listed since: 06-23-2025 - $657/mo est.$2,500 down
- Exterior color: Soul Red Crystal MetallicSoul Red Crystal Metallic
- Interior color: Black Nappa premium leather/alcantaraBlack Nappa premium leather/alcantara
- 4cyl manual
- Ira Mazda (1,854 mi away)
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Estimate Lease Details
$657/month for 36 months
$2,500 Down payment
$3,157 Due at signing
$3,157 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $26,150 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through June 30, 2025.
Located in Westwood, MA / 1,854 miles away from Billings, MT
Heated Leather Seats, SOUL RED CRYSTAL METALLIC PAINT CHARG... Alloy Wheels, Back-Up Camera, Premium Sound System, Satellite Radio. Soul Red Crystal M...
Features and Specs:
Listing Information:
VIN: JM1NDAL76S0654531
Stock: S0654531
Listed since: 06-20-2025 - $493/mo est.$2,500 down
- Exterior color: Soul Red Crystal MetallicSoul Red Crystal Metallic
- Interior color: Black leatherBlack leather
- 4cyl manual
- Daytona Mazda (1,874 mi away)
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Estimate Lease Details
$493/month for 36 months
$2,500 Down payment
$2,993 Due at signing
$2,993 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $20,239 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through June 30, 2025.
Located in Daytona Beach, FL / 1,874 miles away from Billings, MT
2025 Mazda MX-5 Miata RF Grand Touring 2.0L 4-Cylinder DOHC 16V RWD 6-Speed Manual Soul Red Crystal MetallicThis vehicle includes a Lifetime Limited N...
Features and Specs:
Listing Information:
VIN: JM1NDAM74S0654137
Stock: MS1526
Listed since: 06-19-2025 - $493/mo est.$2,500 down
- Exterior color: Aero Gray MetallicAero Gray Metallic
- Interior color: Tan Nappa premium leatherTan Nappa premium leather
- 4cyl manual
- Daytona Mazda (1,874 mi away)
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Estimate Lease Details
$493/month for 36 months
$2,500 Down payment
$2,993 Due at signing
$2,993 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $20,230 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through June 30, 2025.
Located in Daytona Beach, FL / 1,874 miles away from Billings, MT
2025 Mazda MX-5 Miata RF Grand Touring 2.0L 4-Cylinder DOHC 16V RWD 6-Speed Manual Aero Gray MetallicThis vehicle includes a Lifetime Limited Non-Fact...
Features and Specs:
Listing Information:
VIN: JM1NDAM77S0654696
Stock: MS1525
Listed since: 06-19-2025 - $525/mo est.$2,500 down
- Exterior color: Snowflake White Pearl MicaSnowflake White Pearl Mica
- Interior color: Tan Nappa premium leatherTan Nappa premium leather
- 4cyl automatic
- Daytona Mazda (1,874 mi away)
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Estimate Lease Details
$525/month for 36 months
$2,500 Down payment
$3,025 Due at signing
$3,025 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $21,398 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through June 30, 2025.
Located in Daytona Beach, FL / 1,874 miles away from Billings, MT
2025 Mazda MX-5 Miata RF Grand Touring 2.0L 4-Cylinder DOHC 16V RWD 6-Speed Automatic Snowflake White Pearl MicaThis vehicle includes a Lifetime Limit...
Features and Specs:
Listing Information:
VIN: JM1NDAM78S0654299
Stock: MS1630
Listed since: 06-19-2025 - $488/mo est.$2,500 down
- Exterior color: Jet Black MicaJet Black Mica
- Interior color: Black leatherBlack leather
- 4cyl manual
- Daytona Mazda (1,874 mi away)
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Estimate Lease Details
$488/month for 36 months
$2,500 Down payment
$2,988 Due at signing
$2,988 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $20,066 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through June 30, 2025.
Located in Daytona Beach, FL / 1,874 miles away from Billings, MT
2025 Mazda MX-5 Miata RF Grand Touring 2.0L 4-Cylinder DOHC 16V RWD 6-Speed Manual Jet BlackThis vehicle includes a Lifetime Limited Non-Factory Power...
Features and Specs:
Listing Information:
VIN: JM1NDAM74S0656311
Stock: MS1729
Listed since: 06-17-2025 - $517/mo est.$2,500 down
- Exterior color: Soul Red Crystal MetallicSoul Red Crystal Metallic
- Interior color: Black leatherBlack leather
- 4cyl automatic
- Daytona Mazda (1,874 mi away)
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Estimate Lease Details
$517/month for 36 months
$2,500 Down payment
$3,017 Due at signing
$3,017 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $21,103 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through June 30, 2025.
Located in Daytona Beach, FL / 1,874 miles away from Billings, MT
2025 Mazda MX-5 Miata RF Grand Touring 2.0L 4-Cylinder DOHC 16V RWD 6-Speed Automatic RedThis vehicle includes a Lifetime Limited Non-Factory Powertra...
Features and Specs:
Listing Information:
VIN: JM1NDAM79S0656711
Stock: MS1730
Listed since: 06-17-2025 - $502/mo est.$2,500 down
- Exterior color: Soul Red Crystal MetallicSoul Red Crystal Metallic
- Interior color: Black leatherBlack leather
- 4cyl manual
- Daytona Mazda (1,874 mi away)
Close
Estimate Lease Details
$502/month for 36 months
$2,500 Down payment
$3,002 Due at signing
$3,002 total due at lease signing includes down payment, first month payment, and $0 security deposit. Total cost to lessee is $20,574 over the lease term. Except as otherwise expressly provided, excludes sales tax, title, registration and other fees. Lessee is responsible for vehicle maintenance, insurance, repairs and charges for excess wear and tear. Actual monthly payments will vary. Not all lessees may qualify; higher lease rates apply for lessees with lower credit ratings. Payment estimate based on lease programs in effect through June 30, 2025.
Located in Daytona Beach, FL / 1,874 miles away from Billings, MT
2025 Mazda MX-5 Miata RF Grand Touring 2.0L 4-Cylinder DOHC 16V RWD 6-Speed Manual RedThis vehicle includes a Lifetime Limited Non-Factory Powertrain ...
Features and Specs:
Listing Information:
VIN: JM1NDAM71S0654614
Stock: MS1660
Listed since: 06-19-2025
Consumer Reviews for the Mazda MX-5 Miata RF
Drive It Like You Stole It
More about the Mazda MX-5 Miata RF
How much does it cost to lease a Mazda MX-5 Miata RF in Billings, MT?
- A Mazda MX-5 Miata RF lease in Billings, MT starts at about $487 and runs up to $662. Keep in mind that these are estimates and the prices can vary based on a number of factors such as trim level, options, down payment, and length of the lease.
How much does it cost to lease a Mazda MX-5 Miata RF 2025 in Billings, MT?
- It costs between $487 and $662 to lease a Mazda MX-5 Miata RF 2025 in Billings, MT. Note that these are estimates, and the pricing can change based on the vehicle's trim level, installed options, and aspects of the lease such as the down payment, money factor and the lease term.