Lease Calculator

Calculate your exact monthly auto lease payment using money factor and residual value – the same method dealers use. Compare real brand rates, see total cost of leasing vs buying.

🇺🇸 United States 🇨🇦 Canada

🚗 Vehicle & Lease Terms

Use the full sticker MSRP � negotiations can lower this (Capitalized Cost).
The vehicle's worth at lease end. Usually 50�60% of MSRP for 36-mo leases.
Money Factor = APR � 2400. Example: 3% APR = 0.00125 MF. See brand table below.

💲 Fees, Tax & Options

Financial advisors often recommend $0 down on a lease � you lose it if the car is totalled.
Lender fee: typically $595�$895. Cannot be negotiated.
End-of-lease turn-in fee: $300�$500. Waived if you lease again with same brand.
Higher mileage = lower residual = higher payment.

2026 Auto Lease Money Factors & Residuals — Major Brands

📅 Representative 36-month/10k-mile Tier 1 credit — updated January 2026
Brand / ModelMSRPResidual %Money FactorAPR Equiv.Notes
Toyota Camry SE $28,500 55% 0.00125 3.00% 36-mo/10k mi; Tier 1 credit
Honda Accord Sport $31,000 57% 0.00135 3.24% 36-mo/10k mi; Honda Financial
Ford F-150 XLT $46,000 50% 0.00145 3.48% 36-mo/12k mi; Ford Motor Credit
Chevrolet Equinox LT $33,000 52% 0.00155 3.72% 36-mo/10k mi; GM Financial
BMW 330i $46,000 58% 0.00095 2.28% 36-mo/10k mi; BMW FS Tier 1
Mercedes C-Class C300 $48,000 56% 0.00098 2.35% 36-mo/10k mi; MBFS Tier 1
Audi A4 Premium $44,000 57% 0.00110 2.64% 36-mo/10k mi; Audi FS
Hyundai Tucson SEL $31,000 53% 0.00130 3.12% 36-mo/10k mi; Hyundai Motor Finance
Kia Sportage LX $29,000 54% 0.00128 3.07% 36-mo/10k mi; Kia Motor Finance
Tesla Model 3 LR $46,000 50% 0.00160 3.84% 36-mo/10k mi; Tesla Financing
Nissan Rogue SV $30,000 50% 0.00140 3.36% 36-mo/10k mi; Nissan Motor Acc.
Subaru Outback Premium $33,000 56% 0.00132 3.17% 36-mo/10k mi; Subaru Motor Finance

🇨🇦 Canada Auto Lease Rates 2026 — CAD Prices & Money Factors

📅 Representative 39-month/20,000 km Tier 1 credit — updated January 2026. MSRP in Canadian dollars (CAD).
Brand / ModelMSRP (CAD)Residual %Money FactorAPR Equiv.Notes
Toyota RAV4 LE CA$35,500 56% 0.00130 3.12% 39-mo/20k km; Toyota Financial
Honda CR-V Sport CA$40,500 55% 0.00140 3.36% 39-mo/20k km; Honda Canada
Ford F-150 XLT CA$56,000 48% 0.00148 3.55% 39-mo/24k km; Ford Credit Canada
Chevrolet Equinox LT CA$38,500 52% 0.00158 3.79% 39-mo/20k km; GM Financial Canada
BMW 3 Series 330i CA$57,500 57% 0.00099 2.38% 39-mo/20k km; BMW FS Canada
Mercedes C-Class C300 CA$60,000 55% 0.00100 2.40% 39-mo/20k km; MBFS Canada
Audi Q5 Progressiv CA$58,000 54% 0.00115 2.76% 39-mo/20k km; Audi Finance Canada
Hyundai Tucson Preferred CA$38,000 53% 0.00135 3.24% 39-mo/20k km; Hyundai Capital
Kia Sportage LX CA$36,000 53% 0.00132 3.17% 39-mo/20k km; Kia Finance Canada
Tesla Model 3 LR CA$65,000 50% 0.00165 3.96% 36-mo/20k km; Tesla Canada
Nissan Rogue S CA$34,500 51% 0.00145 3.48% 39-mo/20k km; Nissan Canada
Subaru Forester Touring CA$39,000 55% 0.00138 3.31% 39-mo/20k km; Subaru Canada

🇨🇦 Canadian Lease Notes

  • Canadian leases typically use 39-month terms and 20,000 km/year allowances (vs 36-mo/10k mi in the US).
  • Excess kilometre charges: typically $0.10–$0.25 per km over the allowed mileage.
  • HST/GST/PST applies to the entire lease payment in most provinces (not just the cap cost reduction).
  • In Ontario (HST 13%), Quebec (QST 9.975% + GST 5%), and BC (PST 7% + GST 5%) tax significantly affects monthly cost.
  • Use the Canadian Sales Tax Calculator to estimate the tax on your lease payment.

Auto Lease Payment Formula

The Three-Part Lease Formula (industry standard)

Monthly = Depreciation + Finance Charge + Tax
Depreciation = (Adjusted Cap Cost ? Residual Value) � Term Months
Finance Charge = (Adjusted Cap Cost + Residual Value) � Money Factor
Money Factor = APR � 2,400    APR = Money Factor � 2,400

Adjusted Cap Cost = MSRP ? Down Payment ? Trade-In + Acquisition Fee.
A higher residual means lower depreciation (cheaper monthly). A lower money factor means lower finance charge.

💡 Lease Negotiation Tips

  • Always negotiate the selling price (cap cost), not just the monthly payment.
  • The money factor is set by the manufacturer's finance arm � ask the dealer for it explicitly.
  • Higher residual value = lower monthly. Check manufacturer incentive sheets monthly.
  • Put as little down as possible � a total loss claim returns the down payment to the insurer, not you.
  • Mileage: estimate conservatively. Excess mileage at $0.25/mile adds up fast.
  • Disposition fee is often waived if you re-lease or buy the vehicle.

🇨🇦 Canadian Auto Lease Calculator (CAD)

Canadian leases typically use 39-month terms and 20,000 km/year allowances. HST/GST/PST applies to the full payment in most provinces.

🚗 Vehicle & Lease Terms (CAD)

Money Factor = APR ÷ 2400. See table below.
Ontario: 13% HST • BC: 12% (5%+7%) • Quebec: 14.975% • Alberta: 5% GST

💲 Fees & Options (CAD)

Lender fee: typically CA$595–$895.
Typically CA$0.10–$0.25 per excess km.

Want more options? Use the full Canada Lease Calculator with complete breakdown.

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