How Hunter Lease Calculates Your Payment

Real vehicle data. Transparent calculations. Your numbers, your choice.

Hunter Lease combines vehicle information, available manufacturer and dealer programs, applicable incentives, and financial parameters to help shoppers compare new-car purchasing and leasing scenarios.

Our interactive calculator lets you adjust supported terms, including down payment, lease length, mileage, and other relevant inputs, to see how those choices affect the monthly payment.

You can explore and compare calculations without purchasing a vehicle or entering into a brokerage agreement.

When you want to move forward, you can request verification of your selected program and separately choose brokerage assistance from Cargwin LLC.

Where Our Data Comes From

Each number on a deal comes from one of these places.

  • Vehicle information. Model, trim, MSRP and equipment come from manufacturers and public dealer listings.
  • Lease and finance programs. Money factor, residual value, interest rate and manufacturer incentives follow the lender and manufacturer programs for the current month, and the programs participating dealers share with us.
  • Dealer discount. The discount a specific dealer has agreed to on a specific car.
  • Sales tax. The rate for your ZIP code.
  • Safety ratings, recalls and fuel economy. U.S. government sources: NHTSA and the EPA.

Some data and images come from third-party sources, including data providers, manufacturers, and dealers.

Understanding Dealer Discounts

MSRP is the manufacturer’s suggested price. A dealer discount is the amount a dealer takes off MSRP to reach its selling price. The calculator starts from that selling price, not from MSRP.

  • One dealer, one car. A dealer discount belongs to one dealer and one specific car. It is never applied to another dealer’s car.
  • One month. A dealer discount applies to the month it was provided for.
  • Separate from incentives. Manufacturer incentives are a separate item from the dealer discount in our calculation.

Understanding Lease Payments

A monthly lease payment has three parts: depreciation, a rent charge, and tax.

  • Depreciation. The adjusted cap cost minus the residual value, divided by the term in months. It pays for the value the car loses while you drive it.
  • Rent charge. The adjusted cap cost plus the residual value, times the money factor. It is the cost of financing the lease.
  • Tax. Sales tax at your ZIP code’s rate, applied to the payment.
  • Adjusted cap cost. The price the lease finances: the selling price minus the down payment and the incentives applied to it.
  • Residual value. What the lender expects the car to be worth when the lease ends, set as a percentage of MSRP. A higher residual means less depreciation.
  • Money factor (MF). The lease’s interest rate. Multiply it by 2,400 for an approximate APR.
  • Term. The number of months. Depreciation is spread across them.
  • Mileage. The yearly allowance. More miles lowers the residual value, which raises the payment.
  • Down payment. It reduces the adjusted cap cost, which lowers the payment.

What Changes Your Payment

  • ZIP code. It sets the sales tax rate.
  • Credit tier. Lenders set the money factor and APR by credit tier.
  • Incentives. Manufacturer rebates and programs you qualify for lower the price the lease finances.
  • Taxes. Sales tax is added to the monthly payment at your ZIP code’s rate.
  • Fees. Acquisition, documentation and DMV fees are paid at signing or, in some structures, included in the lease.
  • Your choices. Term, mileage and down payment are yours to change, and the payment moves with them.

What Happens Next

  • Explore. Pick a deal and adjust the terms in the calculator. You do not need to buy a car or sign a brokerage agreement.
  • Verify. When you want to move forward, request verification of your selected program.
  • Choose help. Separately, choose brokerage assistance from Cargwin LLC if you want it.

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