Auto Lease Calculator
Estimate your monthly lease payment from MSRP, negotiated price, down payment, lease term, lending APR, residual value, and usage tax.
Depreciation and rent charge follow the common money-factor model (money factor = APR ÷ 2400).
Total monthly payment
₹ 0.00
Pre-tax monthly payment
₹ 0.00
Capitalized cost
₹ 0.00
Lease price
₹ 0.00
Residual value
₹ 0.00
Depreciation fee
₹ 0.00
Lease fee
₹ 0.00
Monthly usage tax
₹ 0.00
How to Use This Calculator
- Enter MSRP and the final negotiated price (shown as capitalized cost before down payment in this model).
- Enter your down payment, lease term, and lending APR (converted to money factor as APR ÷ 2400).
- Add the residual (expected value at lease end) and usage tax percent applied to the pre-tax monthly payment.
- Click Calculate for the payment breakdown.
Frequently Asked Questions
Why is MSRP not in the payment math?
The negotiated price sets the capitalized cost; MSRP is for your reference when comparing deals.
How is the depreciation fee calculated?
Depreciation fee = (Capitalized cost − Residual value) ÷ Lease term. The full negotiated price (gross capitalized cost) is used here, as depreciation reflects the total vehicle value loss regardless of how much you put down.
What is the lease fee?
The finance (rent) charge = (Lease price + Residual value) × money factor, where money factor = lending APR ÷ 2400 and lease price = negotiated price − down payment.
Why won’t it calculate?
The residual value must be less than the negotiated price, and down payment must be less than the negotiated price.
