![]() ![]() Scores have a broad range of values but generally fall between 50 and 100. If you are evaluating and comparing multiple lease deals, the deal with the higher score is the best deal. That means that the lower the costs, the higher the score, the better the car lease deal. This Lease Deal Calculator assigns each evaluated deal a RLV score that is inversely related to the results of this comparison. The cost of a lease is reflected in the monthly payment, which is the result of a combination of factors such as capitalized cost (cap cost), lease-end residual value, money factor (related to interest rate), down payment (cap cost reduction), and lease term (months). The lower the total lease cost measured against MSRP, the better the deal. ![]() To accurately evaluate a lease deal, the total cost of the lease must be compared to the initial value of the vehicle - MSRP sticker price. ![]() The result is a RLV ( Real Lease Value) score that instantly tells you whether the lease is considered to be a good deal or not.Ĭar lease deals cannot be evaluated by monthly payment amount alone. What seems to be a low payment could easily be a bad deal. It compares total lease costs with a car’s MSRP, given the length of the lease and down payment, if any - and any rebate or allowance that can be combined with the lease. This Lease Deal Calculator is a unique kind of lease calculator that evaluates any car lease deal against industry-average leases. How Lease Deals are Evaluated by This Calculator Find the best car prices and lease deals in your area using ourĮvaluate those deals for yourself using this Lease Deal Calculator. Vehicle PRICE is the most important factor in a car lease deal. Results may vary, see website for details. If you don’t know your current credit score, you should get it before you go shopping for a lease.Īdd your positive utility payment history to instantly increase your FICO® Score. * Lease payments are partially determined by a lease finance rate, which depends on a customer’s credit score. Vehicle Make and Modelīased on your Real Lease Value SCORE of 77, this Acura ILX lease deal rates as. If you have a less-than-excellent credit score, the payment amount can be higher than advertised. Replace the values in the calculator below with your own numbers to evaluate your own car lease deal.īe aware that advertised car lease deals assume the customer has excellent credit. Which one is the best deal? The higher the score, the better the lease. Use the Car Lease Deal Calculator to easily and quickly evaluate any car lease deal to determine whether the deal is good or bad - and use it to compare different leases. ![]()
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