Auto Lease Calculator

Last updated: April 2026

Vehicle price

GBP

Down payment

GBP

Trade-in value

GBP

Fees

GBP

Residual value type

Residual value

Money factor

Lease term

months

Sales tax rate

Estimated monthly lease payment

£393.56

Adjusted capitalized cost

£27,500.00

Residual value

£16,500.00

Depreciation charge

£305.56/month

Finance charge

£88.00/month

Tax

£0.00/month

APR equivalent

4.8%

Lease total

Total lease payments£14,168.16

Related calculators:

Auto Loan Calculator
Cash Back or Low Interest Calculator

How is a car lease payment calculated?

A lease payment is built from depreciation, finance charge, and tax. Depreciation covers the value used during the lease, while finance charge covers the cost of lease financing.

What is residual value?

Residual value is the estimated value of the vehicle at the end of the lease. A higher residual value usually lowers the monthly payment.

What is money factor?

Money factor is the lease finance rate. A rough APR equivalent is calculated by multiplying the money factor by 2400.

Lease vs loan

Lease payments are not the same as buying with a loan. A loan pays toward ownership, while a lease mainly pays for vehicle use during the lease term.

What does this mean?

This calculator is designed to help you understand the likely number before you make a decision or start an application.

Your result should be checked against official UK guidance, especially if your circumstances include dependants, exemptions, prior leave, or a complex immigration history.

Treat the figure as a planning tool rather than legal advice. Where the answer affects an application deadline or major payment, speak to an authorised adviser.