lease calculator · negotiate.autos

manual mode, nothing is saved · prefilled with an example deal

1. the request

vehicleterm (months)miles per yearestimated FICOzip codesend this to every dealer in range. same terms to everyone so quotes are comparable.

I am looking to lease a 2026 Ford F-150 XLT. I am not looking to put any money down. Please quote the following:

• 36-month lease
• 10,000 miles per year
• Credit: approximately 760 FICO (tier 1)
• No trade-in
• $0 cap-cost reduction / $0 down
• Acquisition fee rolled into the lease
• No dealer-installed accessories or protection packages
• All current manufacturer incentives and lease cash I qualify for, listed separately

My zip code is 07030.

Please reply with a detailed lease agreement showing the complete calculation. I will not be coming in without one.

2. a dealer's quote

dealer1. MSRP2. selling price3. incentives4. gross cap cost5. cap-cost reduction6. acquisition fee7. residual ($)8. money factor9. doc fee10. DMV / gov fees11. sales tax %tax method12. due at signing13. monthly payment14. add-onsfirst month in DAS

3. analysis · of the example above. change any number and calculate.

adjusted cap cost	$51,145.00
depreciation / mo	$534.58
rent charge / mo	$182.70
computed payment (their numbers)	$764.80
money factor as APR	5.28%
residual % of MSRP	58.00%
discount off MSRP	6.36%
total cost over term	$28,290.00
effective monthly (total / term)	$785.83

Monthly payment matches the stated cap cost, residual and money factor.
Money factor equals 5.28% APR. Confirm it is the manufacturer buy rate.
Selling price is 6.4% below MSRP.

the math · S selling price · A acquisition fee · I incentives · D down payment · R residual · n term · MF money factor · t tax rate per payment · DAS due at signing · f = 1 when the first payment is inside DAS

adjusted cap cost

what is actually being financed

C = S + A - I - D

C = $ 51,500 + $ 645 - $ 1,000 - $ 0 = $ 51,145

depreciation

per month, the part of the car you use up

dep = \frac{C - R}{n}

dep = \frac{$ 51,145 - $ 31,900}{36} = $ 535

rent charge

per month, the interest, via the money factor

rent = (C + R) \times MF

rent = ($ 51,145 + $ 31,900) \times 0.0022 = $ 183

monthly payment

computed from their own numbers

P = (dep + rent) \times (1 + t)

P = ($ 535 + $ 183) \times (1 + 0.06625) = $ 765

effective monthly

everything you pay, spread over the term; the number that gets compared

E = \frac{DAS + P \times (n - f)}{n}

E = \frac{$ 1,515 + $ 765 \times (36 - 1)}{36} = $ 786

if the quote was incomplete, send:

Thanks for the quote.

Please provide the complete lease calculation, including:
    1    MSRP
    2    Dealer selling price
    3    Manufacturer incentives
    4    Gross capitalized cost
    5    Capitalized-cost reduction
    6    Acquisition fee
    7    Residual value
    8    Money factor
    9    Dealer/doc fee
    10    DMV/government fees
    11    Sales tax
    12    Total due at signing
    13    Monthly payment
    14    Dealer-installed accessories / mandatory products

I will not be coming in without a detailed lease agreement.

if this is your best clean quote, send everyone else:

I have a written quote on the same vehicle and terms:

Vehicle: 2026 Ford F-150 XLT
Term: 36 months, 10,000 miles/year
Selling price: $51,500.00
Money factor: 0.0022
Residual: $31,900.00
Due at signing: $1,515.00
Monthly payment: $765.00

$0 cap-cost reduction, acquisition fee rolled in, no dealer-installed accessories or protection packages.

If you can beat this, please send me the detailed lease agreement which reflects that fact and I will be in touch.