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The term, Payment Calculator, when regarding car leasing implies the use of a business calculator or online calculator that uses the industry-standard leasing payment formula. This formula is explained here. A lease Payment Calculator requires that the following inputs be provided: capitalized cost (negotiated vehicle price, plus any additional charges, taxes, and fees), capitalized cost reduction (down payment or trade-in credit), residual value (estimated vehicle lease-end value), money factor (finance rate), and term (length of lease, in months). Our recommended lease Payment Calculator can be found here. For a more basic Payment Calculator, see here. For more information, see: The Lease Guide
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