Manual Lease Calculator


A. Residual Value
$ _________________________________ MSRP (including dealer installed factory equipment)
X _________________________________ Bank residual value %
- _________________________________ Mileage adjustment
$ _________________________________ Residual Value
B. Capital Cost
$ _________________________________ Base capitalized cost
+ _________________________________ Dealer installed non-valued options
= _________________________________ Initial value
+ _________________________________ INS: LA&H/Ext. Warranty/Luxury Tax
- _________________________________ Cap Cost Reduction (Cash or Trade Equity)
+ _________________________________ Documentation/Assignment Fee
$ _________________________________ Net Capital Cost
C. Monthly Depreciation Charge
$ _________________________________ Depreciation (B-A)
÷ _________________________________ Term
$ _________________________________ Monthly Depreciation Charge
D. Base Monthly Lease Charge
$ _________________________________ B + A
X _________________________________ Bank Factor
$ _________________________________ Base Monthly Lease Charge
E. Monthly Rent Payment
$ _________________________________ C ÷ D
County:___________________
+ _________________________________ Sales/use tax _____________%
$ _________________________________ Monthly Rent Payment