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Chapter 13. Your New Car—Lease or Buy? > Lease Payment Calculator

Lease Payment Calculator

Calculating the payments on a lease is not too difficult after you know what is involved. The ability to calculate your expected lease payment can be a valuable tool for verifying the dealer’s quoted payment. If your quoted payment is greater than your calculated payment, you need to ask why. There might be extra fees involved that you were not told about. It is also not unheard of for dealers to make “mistakes,” always in their favor, of course.

First you need to understand some terminology used in leasing.


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