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18 Ιουλ 2024 · With this money factor calculator, we aim to help you calculate the equivalent annual interest rate of your vehicle lease. The money factor enables you to understand the interest component of your lease payments.
Below is the formula to calculate the money factor: Where: Sum of Monthly Finance Fees – Also known as the sum of lease charge, it is the sum of all of the monthly financing over the entire term of the lease. Lease Price – The price for the lease; commonly, the price for the leased car.
20 Μαΐ 2022 · Money Factor = Lease Charge / (Capitalized Cost + Residual Value) * Lease Term. The lease charge of this formula is the sum of all future monthly finance costs over the entire life...
12 Απρ 2021 · To calculate the money factor, use this formula: Money Factor = Lease Charge / (Capitalized Cost * Residual Value) * Lease Term. It's important to note that the customer’s credit score determines the money factor.
10 Αυγ 2022 · The typical formula dealers use to calculate the lease money factor is: Money Factor = Lease Charge / (Capitalized Cost + Residual Value) x Lease Term. If the money factor isn't clearly outlined in your lease, you can use this formula to calculate the number.
Free lease calculator to find the monthly payment or effective interest rate as well as interest cost of a lease. Also, gain some knowledge about leasing.
Free car lease payment calculator - calculate your monthly lease payment. Get accurate auto lease payment pricing on any car at Edmunds.
