Tuesday, October 26, 2010

How to calculate your lease payment

Understanding how to calculate your monthly lease payment makes it easier

for you to make an informed decision. Yet, most of us shy away from the

“complicated” math on our lease contract, leaving it up to the dealer to

do the payment formula.



Actually, it’s not that difficult! Once you understand all the figures

involved in calculating your monthly payments, everything else falls into

place. These key figures are:



MSRP (short for Manufacturer’s Suggested Retail Price): This is the list

price of the vehicle or the window sticker price.

Money Factor: This

Auto Insurance, car insurance, sports car insurance, yacht insurance, helicopter insurance

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