Saved Vehicles

Woman using calculator


Wondering just how much it will cost you to lease a new  vehicle near Sheboygan here at Holiday Automotive? You’re in good company. Learn how to calculate your estimated car lease payments below with the Holiday Automotive finance team. Then, apply for financing online when you’re ready to see how much you could be approved for! Meanwhile, read all about how to calculate a car lease payment below!

How Much is it to Lease a Car in Fond du Lac?

The fact that car lease payment and finance calculators like ours exist is indicative of the fact that no two car leases in Oshkosh or Sheboygan will always have the same payment. In other words, lease prices vary depending on various factors, such as:

  • The vehicle you choose
  • Your credit score and credit history (and thus, your interest rate)
  • How much money you put down
  • How much your trade-in is worth
  • The loan term

Here’s How to Calculate Lease Payments

While our car payment calculator gives you a good estimate of how much your car lease payment could be. In actuality, if we’re getting technical, multiple pieces go into determining the lease payments you’ll wind up paying every month. Basically, the lease price or lease payment is based largely upon the projected depreciation of the vehicle minus down payment or trade-in, plus interest. Here’s how to calculate lease payments in your specific situation:

  1. Begin with the MSRP, or manufacturer suggested retail price.
  2. Multiply the vehicle MSRP by the residual percentage.
  3. This should give you the residual value.
  4. Take the dealer price of the vehicle, including any discounts or fees, and you’ll get the gross capitalized cost.
  5. Subtract down payment, rebates, and more, from gross capitalized cost.
  6. This should give you the adjusted capitalized cost.
  7. Subtract the residual value from adjusted capitalized cost to get the depreciation amount.
  8. Divide the depreciation amount by the lease term (number of months). This will act as your monthly base lease payment.
  9. Add in adjusted capitalized cost and residual value, then take that figure and multiply it by money factor. This amount is called the monthly rent charge.
  10. Add rent charge and base payment, and this will give you your estimated pretax lease payment.
  11. Multiply the pre-tax lease payment by your tax rate to calculate monthly taxes for your lease.
  12. Add monthly tax and pretax lease payment, and that will give you your total lease payment!

Use Our Car Payment Calculator Now!

Not looking for the exact formula for how to calculate a lease payment? Use our online payment calculator to get a good idea of what the suggested lease payments you’ll pay could be. And remember, if you have any other questions about leasing or purchasing, just consult our car buying tips, or contact us!

Holiday Automotive 43.7877556, -88.4874357.