Auto Lease evaluator uses Auto Lease = ((Capitalised Cost-Residual Value at End of Lease Term)/Term of Lease Period+(Capitalised Cost+Residual Value at End of Lease Term)*Money Factor) to evaluate the Auto Lease, Auto Lease means renting the asset for a specific and limited time duration rather than buying it. Auto Lease is denoted by AUL symbol.
How to evaluate Auto Lease using this online evaluator? To use this online evaluator for Auto Lease, enter Capitalised Cost (C), Residual Value at End of Lease Term (RVELT), Term of Lease Period (L) & Money Factor (M) and hit the calculate button.