Calculate monthly payments and total cost of leasing a car
Calculate monthly payments and total cost of leasing a car
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Car leasing calculator is a professional tool for calculating monthly payments, total cost and overpayments under a car leasing agreement. Using our calculator, you can calculate all leasing parameters: financing amount, monthly payments, redemption price and total overpayment. The calculator will help you compare leasing with buying on credit and make an informed decision.
Car leasing calculations are based on the annuity payment formula, taking into account all the parameters of the leasing agreement.
Our car leasing calculator provides many benefits for planning your car financing:
When choosing car leasing, take into account all the parameters of the contract and compare offers from different leasing companies:
Car leasing calculator is a professional tool for calculating monthly payments, total cost and overpayments under a car leasing agreement. Using our calculator, you can calculate all leasing parameters: financing amount, monthly payments, redemption price and total overpayment. The calculator will help you compare leasing with buying on credit and make an informed decision.
Let's look at several practical examples of using the car leasing calculator:
A car worth RUB 3,500,000, down payment RUB 700,000, term 36 months, rate 12% per annum, redemption price RUB 1,400,000.
Monthly payment: 45,200 ₽, total cost: 3,727,200 ₽, overpayment: 227,200 ₽
A car worth RUB 2,000,000, down payment RUB 400,000, term 24 months, rate 10% per annum, redemption price RUB 800,000.
Monthly payment: 35,800 ₽, total cost: 2,059,200 ₽, overpayment: 59,200 ₽
A car worth RUB 1,200,000, down payment RUB 240,000, term 48 months, rate 15% per annum, redemption price RUB 480,000.
Monthly payment: 13,800 ₽, total cost: 1,382,400 ₽, overpayment: 182,400 ₽
A car worth RUB 1,800,000, down payment RUB 360,000, term 36 months, rate 14% per annum, no redemption price.
Monthly payment: 52,100 ₽, total cost: 2,235,600 ₽, overpayment: 435,600 ₽
Car leasing calculations are based on the annuity payment formula, taking into account all the parameters of the leasing agreement.
Amount of financing = Cost of car - Down payment - Purchase price
The monthly payment is calculated using the annuity formula, taking into account the appreciation rate
Total amount = Monthly payment × Term + Down payment + Redemption price
Overpayment = Total amount - Cost of the car
Our car leasing calculator provides many benefits for planning your car financing:
Quick calculation of all leasing parameters in a few seconds
Accurate calculations using current formulas of leasing companies
Possibility to compare leasing with buying on credit
Budget planning and financial burden assessment
When choosing car leasing, take into account all the parameters of the contract and compare offers from different leasing companies:
Larger down payment reduces monthly payments and overall overpayment
Compare appreciation rates from different leasing companies
A longer term increases the total overpayment, but reduces the monthly burden
The surrender value affects the amount of financing and monthly payments
The monthly leasing payment is calculated using the annuity formula, taking into account the amount of financing, the term of the contract and the appreciation rate. Our calculator automatically performs all calculations and shows the exact monthly payment amount.
The appreciation rate is the interest rate that determines the cost of financing in a lease. It includes the cost of money, the risks of the leasing company and its profit. The appreciation rate is usually higher than bank lending rates.
The main differences: in leasing, the car remains the property of the leasing company until redemption, leasing can have tax advantages for the business, the redemption value affects the amount of financing, and in a loan, the car immediately becomes the property of the borrower.
The surrender value is the amount that must be paid to the leasing company to transfer ownership of the vehicle at the end of the lease agreement. It can range from 0% to 30% of the original cost of the car.
The total lease cost includes the down payment, all monthly payments and the surrender price. Formula: Total Cost = Down Payment + (Monthly Payment × Term) + Redemption Cost.
To apply for leasing, you usually need: a passport, a certificate of income, a work book, documents for a car, an OSAGO and CASCO insurance policy. For legal entities, constituent documents and financial statements are additionally required.
Yes, most leasing companies allow early repayment of leases. In case of early repayment, a discount is usually provided on the remaining payments or the appreciation rate is reduced. The conditions for early repayment are specified in the leasing agreement.
When leasing a car for individuals, VAT is paid on monthly payments. For legal entities, leasing payments can reduce the taxable base for income tax, and VAT is accepted for credit.
The down payment is the amount the lessee pays at the beginning of the leasing agreement. Usually ranges from 10% to 50% of the cost of the car. A larger down payment lowers your monthly payments and overall overpayment.
The optimal leasing period depends on your financial capabilities and plans for the car. A short term means less overpayment but higher monthly payments. A long term reduces the monthly burden, but increases the overall overpayment.
Changing leasing parameters during the contract is possible only with the consent of the leasing company. Usually you can increase the down payment, change the term of the contract or buy the car early. All changes are formalized by additional agreements.
Leasing payments consist of vehicle depreciation, interest on financing, leasing company commission and VAT. The size of the payment depends on the cost of the car, the down payment, the term of the contract and the appreciation rate.
The leasing overpayment is calculated as the difference between the total amount of all payments and the cost of the car. Formula: Overpayment = Total cost of leasing - Cost of the car. The premium shows how much more expensive it is to lease compared to buying with cash.
You can lease almost any car: new and used, passenger and commercial, domestic and imported. Leasing companies usually work with dealers and can offer a wide selection of cars of different makes and models.
At the end of the leasing agreement, the lessee has several options: buy the car at the redemption price, extend the leasing agreement, return the car to the leasing company, or exchange it for a new car. The choice depends on the terms of the contract and your plans.