When you’re trying to decide if you’re going to buy or lease your new Acura for your Asheville commutes, the amount of your monthly payments will likely play a big role in your decision. Apple Tree Acura’s lease payment calculator can give you a good estimate of what your monthly payments will be for a new Acura MDX. If you’ve decided that leasing is the right choice for you, or you want to compare the difference between leasing and financing, our online Acura lease calculator can help!
How to Calculate Car Lease Payments
Calculating a car lease is similar to calculating a car payment in that you’ll use the same basic information, including the value of your trade-in, your down payment, and your credit score. This will help calculate your interest rate with the Acura lease calculator. Then you’ll need to consider more specific information:
Lease Type- You may have a few lease options. Ask one of our finance specialists what lease types are available to you.
Lease Term- How long do you want to lease the vehicle?
Mileage- Leases often come with mileage limits, so you’ll want to ensure you pick a mileage limit that you won’t go over to avoid being hit with fees.
Lease Sales Tax- This will vary depending on where you live and can be easily calculated by inputting your zip code.
You also have the option to include any accessories you want to be added to your vehicle in the Acura lease payment calculator to give you the full price. Don’t forget to check our Acura lease deals.
Buying vs. Leasing
Now that you know how to calculate car lease payment and compare it to your monthly finance payment, it’s time to consider other factors in deciding whether to lease or buy. If you like a new car every couple of years, and you don’t want the responsibility of car ownership, leasing an Acura could be the most economical and practical option for you.
Try the Acura Lease Payment Calculator Today!
Do you have questions about leasing your next vehicle or the estimates you’ve received from our lease payment calculator? Reach out to the Apple Tree Acura finance center! We can discuss your financial situation to see if leasing is the best option for you and answer any questions that came up when you were filling out our Acura lease calculator.