Lease Buyout Calculator

A lease buyout is the residual on your contract plus the purchase option fee, the sales tax and the title and registration charges. Enter those, either at the end of the lease or with payments still to run, and this returns what the buyout costs and how it compares with what the car is worth. The early buyout can add the remaining payments in full or discount them at the money factor, because lessors differ on which they do. No residual, tax rate or book value is built in, and the binding figure is still the payoff quote from your lessor.

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The residual on your contract is the purchase option price. Add the fees and the tax to get what it really costs, then compare it with what the car is worth.

Printed on the lease contract. It is the MSRP times the residual percentage, fixed at signing.
Charged by the lessor for exercising the option. Typically a few hundred dollars, and zero on some contracts.
Added after tax. Put any state-specific charge here too.
Optional. A trade-in or private party value for the car as it stands, so the equity row can be worked out.
Leave at zero if you are paying cash.
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The payoff is the payments you still owe plus the residual plus the purchase fee. Whether the remaining payments are added in full or discounted is a term of your contract, so both are offered.

The base payment. Use the figure before any tax that is billed separately each month.
Only used when the payments are discounted. Multiply by 2400 for the APR: 0.00125 is 3%.
Optional, for the equity row.
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