Auto Lease Calculator

MSRP (Manufacturer Suggested Retail Price) ($)

25000

base cap cost ($)

25000

down payment ($)

0

cost reductions (trade-ins, etc.) ($)

0

other costs (acquisition fee, etc.) ($)

0

residual factor

0.6

lease term (months)

36

money factor

0.002

sales tax (%)

9.25

down payment (inc. tax)	$0.00
monthly payment (inc. tax)	$390.87
number of months	36
total lease cost (inc. tax)	$14,071.40

Calculate the monthly payments and total cost of an auto lease. Note that all inputs should exclude sales tax, as this will be computed by the Demonstration.

Permanent Citation

Christian Peccei

"Auto Lease Calculator"
http://demonstrations.wolfram.com/AutoLeaseCalculator/
Wolfram Demonstrations Project
Published: March 7, 2011