Wednesday, February 20, 2008

The Car Lease Calculator

Worried about entering a car lease because of the money that it will cost you? Knowing everything from how much a car costs down to the monthly payments that you will have to prepare when entering a lease is crucial. You also don't have to take the dealers word for it. Crunch your own numbers and use an online calculator to help you out. There are many online calculators that you can choose from and each of these calculators has all the necessary formulas built into them already. All you need is the information and here are some of the things you need to find out to make your own calculations:

The Manufacturers Standard Retail Price (MSRP) of a vehicle

  • Your final negotiated price
  • The agreed upon Down Payment if any
  • Trade-in value of a car
  • Sales Tax
  • Length of the lease
  • New car lending rate
  • The value of the car at the end of its loan

A simple click of the mouse should show you exactly what your monthly rate should amount to. Then you can bring this back and compare numbers with the dealer. Any differences in the numbers can lead to a further negotiation and a better car lease deal.

Check out this car leasing calculator, and visit http://www.carleasingsecrets.com for the best car lease deals.

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