.clc-container {
font-family: -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, Helvetica, Arial, sans-serif;
max-width: 800px;
margin: 20px auto;
padding: 25px;
border: 1px solid #e1e4e8;
border-radius: 12px;
background-color: #ffffff;
box-shadow: 0 4px 6px rgba(0,0,0,0.05);
color: #333;
}
.clc-header {
text-align: center;
margin-bottom: 30px;
}
.clc-grid {
display: grid;
grid-template-columns: 1fr 1fr;
gap: 20px;
}
.clc-input-group {
margin-bottom: 15px;
}
.clc-input-group label {
display: block;
font-weight: 600;
margin-bottom: 8px;
font-size: 14px;
}
.clc-input-group input {
width: 100%;
padding: 12px;
border: 1px solid #ccc;
border-radius: 6px;
box-sizing: border-box;
font-size: 16px;
}
.clc-button {
grid-column: span 2;
background-color: #007bff;
color: white;
padding: 15px;
border: none;
border-radius: 6px;
font-size: 18px;
font-weight: bold;
cursor: pointer;
transition: background-color 0.2s;
margin-top: 10px;
}
.clc-button:hover {
background-color: #0056b3;
}
.clc-result {
grid-column: span 2;
margin-top: 25px;
padding: 20px;
background-color: #f8f9fa;
border-radius: 8px;
border-left: 5px solid #007bff;
display: none;
}
.clc-result h3 {
margin-top: 0;
color: #007bff;
}
.clc-summary-item {
display: flex;
justify-content: space-between;
margin-bottom: 10px;
font-size: 16px;
}
.clc-total-payment {
font-size: 24px;
font-weight: bold;
color: #28a745;
}
.clc-article {
margin-top: 40px;
line-height: 1.6;
color: #444;
}
.clc-article h2 {
color: #222;
border-bottom: 2px solid #eee;
padding-bottom: 10px;
}
@media (max-width: 600px) {
.clc-grid { grid-template-columns: 1fr; }
.clc-button { grid-column: span 1; }
.clc-result { grid-column: span 1; }
}
Vehicle Price (MSRP) ($)
Down Payment ($)
Trade-in Value ($)
Lease Term (Months)
Residual Value (%)
Money Factor
Sales Tax Rate (%)
Fees (Acquisition/Dealer) ($)
Calculate Monthly Payment
Lease Summary
Gross Capitalized Cost:
Residual Value:
Monthly Depreciation:
Monthly Rent Charge:
Estimated Monthly Payment:
How to Use the Car Lease Calculator
Leasing a car can be more complex than buying one because the payment isn't just based on the price, but on how much value the car loses over time. This calculator helps you break down the monthly costs so you can negotiate a better deal at the dealership.
Understanding Key Leasing Terms
Gross Capitalized Cost: The negotiated price of the vehicle plus any added fees like acquisition or documentation fees.Residual Value: This is what the leasing company estimates the car will be worth at the end of your lease. It is usually expressed as a percentage of the MSRP.Money Factor: This is essentially the interest rate on a lease. To convert a money factor to a standard APR, multiply it by 2400 (e.g., 0.0025 * 2400 = 6% APR).Depreciation Fee: The portion of your payment that covers the car's loss in value.
The Car Lease Formula
The monthly payment is calculated by adding the Depreciation Fee and the Rent Charge (interest), then applying the Sales Tax .
1. Monthly Depreciation = (Net Cap Cost – Residual Value) / Lease Term
2. Monthly Rent Charge = (Net Cap Cost + Residual Value) × Money Factor
3. Total Monthly Payment = (Depreciation + Rent Charge) × (1 + Tax Rate)
Example Calculation
Imagine you are leasing a $40,000 SUV for 36 months . The dealer offers a 60% residual value ($24,000) and a money factor of 0.002 . You put $2,000 down .
Net Cap Cost: $40,000 – $2,000 = $38,000Depreciation: ($38,000 – $24,000) / 36 = $388.89Rent Charge: ($38,000 + $24,000) * 0.002 = $124.00Pre-tax Total: $512.89
With a 7% tax rate, your final monthly payment would be approximately $548.79 .
function calculateLease() {
var msrp = parseFloat(document.getElementById("msrp").value);
var downPayment = parseFloat(document.getElementById("downPayment").value) || 0;
var tradeIn = parseFloat(document.getElementById("tradeIn").value) || 0;
var term = parseFloat(document.getElementById("leaseTerm").value);
var residualPercent = parseFloat(document.getElementById("residualPercent").value);
var moneyFactor = parseFloat(document.getElementById("moneyFactor").value);
var taxRate = parseFloat(document.getElementById("taxRate").value) || 0;
var fees = parseFloat(document.getElementById("acquisitionFee").value) || 0;
if (isNaN(msrp) || isNaN(term) || isNaN(residualPercent) || isNaN(moneyFactor) || term <= 0) {
alert("Please enter valid numeric values for all required fields.");
return;
}
// 1. Calculate Gross Cap Cost
var grossCapCost = msrp + fees;
var capCostReduction = downPayment + tradeIn;
var netCapCost = grossCapCost – capCostReduction;
// 2. Calculate Residual Value
var residualValue = msrp * (residualPercent / 100);
// 3. Monthly Depreciation
var monthlyDepreciation = (netCapCost – residualValue) / term;
if (monthlyDepreciation < 0) monthlyDepreciation = 0;
// 4. Monthly Rent Charge (Interest)
var monthlyRentCharge = (netCapCost + residualValue) * moneyFactor;
// 5. Monthly Total
var basePayment = monthlyDepreciation + monthlyRentCharge;
var taxAmount = basePayment * (taxRate / 100);
var totalMonthlyPayment = basePayment + taxAmount;
// Display Results
document.getElementById("resGrossCap").innerText = "$" + grossCapCost.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById("resResidualVal").innerText = "$" + residualValue.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById("resDepreciation").innerText = "$" + monthlyDepreciation.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById("resRentCharge").innerText = "$" + monthlyRentCharge.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById("resTotalPayment").innerText = "$" + totalMonthlyPayment.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById("leaseResult").style.display = "block";
}