Car Lease Calculator

Work out your monthly lease payment, the total of all payments, the buyout value and the total cost — including the initial deposit, residual value and interest rate.

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Monthly payment
Total of payments
Total cost
Buyout value
Finance cost

Compare lease offers

Check car lease and loan offers.

Total cost = deposit + all payments + buyout. Finance cost = total cost − vehicle value. Estimate only; a real offer depends on the lender (fees, GAP insurance, VAT/tax).

How the lease calculator works

The lease payment repays the financed amount (vehicle value − deposit) less the discounted residual (buyout) value, at the given interest rate. A high residual lowers the monthly payment, but the buyout amount falls due at the end.

Total cost assumes you buy the car at the end: deposit + all payments + buyout value. The gap between that and the vehicle value is the finance cost (interest and margin).

Payment formula

  • Financed = value − deposit
  • Payment repays (financed − discounted buyout)
  • Total cost = deposit + payments + buyout
  • Finance cost = total cost − vehicle value

Frequently asked questions

What is the residual / buyout value?

It is the amount you pay to own the car at the end of the lease, given as a % of the starting value. A higher buyout lowers your monthly payment but raises the lump sum due at the end.

Lease or loan — which is cheaper?

It depends on the interest rate, fees and your tax situation. Businesses often gain tax advantages from leasing; for consumers a loan can be simpler. Compare the total cost of both.

Does it include VAT and insurance?

No — it models the financing only. VAT/tax, insurance, GAP cover and extra fees should be added separately per the lender's offer.

Is my data sent anywhere?

No — everything is calculated locally in your browser.

Car leasing — what to watch for

The monthly payment isn't the whole story. The real cost of a lease is driven by the deposit, the residual/buyout value and the interest rate — plus extra fees the calculator doesn't cover.

Enter the vehicle value, deposit, buyout and interest rate above to see the payment and the total cost of the lease.