How to calculate your lease, payment Cars
How to calculate your
monthly lease payment makes it easier to understand,
You need to make the right
decision. However, we do not shy away from the most distant
Our lease
"complex" math, leave it to a dealer
As payment formula.
In fact, it is not
difficult! You understand all the details
Committed Calculate your
monthly payments, everything else falls
Five. Here are the key
numbers:
5 Easy ways to How to calculate your lease, payment Cars
MSRP (Manufacturer Retail
Price Proposal for short): list
The price of the vehicle
or the window sticker price.
Money Factor: This
determines the interest rate on your lease. Insist
This ratio publishes your
dealer before entering into the lease.
Number of months of the
lease term rental car dealer.
The residual value: Value
of the vehicle at lease end. More
You can get this number
from your dealer.
Now that we have a vehicle
based on the model to calculate lease payments
$ 25,000 and (sticker
price) MSRP value of 0.0034 and the money factor (which
Chief) determined by 3.4%.
Schedule - and at least three years
The remaining 55% percent
is estimated.
The first step is to
calculate the residual value of the vehicle. You Amplifiers
The remaining percentage
of RRP:
$ 20,000 X 0.55 = $
11,000.
At the end of the lease
car is worth $ 13.750, so you want to use:
$ 20,000 - $ 11,000 = $
9,000
A 36-month lease with $
9,000 of this amount will be used
: Monthly Fees
$ 9,000 / 36 = $ 250.
The first part of the
monthly payment, monthly
Depreciation.
The second part of the
monthly payment, fees that the money factor
Interest rate factors. It
is calculated by adding the number of EIA
The residual value and the
money multiplier:
($ 20,000 + $ 11,000) *
0.0034 = $ 105.4
Finally, we received a
monthly payment of about two details
Together:
$ 250 + $ 105.4 = $ 355.4
In short, the test
formula:
1 - Monthly Amortization:
MSRP X Depreciation
Percentage = Residual values
RRP - lease balance
depreciation =
Loss term contract / lease
(the number of months in the lease) =
The monthly fee of
depreciation
2 - Monthly Payments money
factor
(+ Residual value MSRP) X
Factor money = money factor payment
3 - Sample sheet music
monthly payments:
Fee = fee + cash
Depreciation Factor
This can be considered as
a simple calculation
Account taxes, fees or
other incentive discounts. Calculated
Are you a ballpark figure
or a rough idea of what your
lease payment?
Vehicle must be
questioned.
