Leasehackr calculator

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  Michaell Moderator Posts: 241,336

  May 2020 edited May 2020

  Vegasboy said:

  Leasehackr calculator will not let me input more than 15k miles per year. Both Lincoln & Hyundai will offer the 18k I estimate I will need. Is there a workaround for this issue or another good calculator that I can use?

  We use home grown spreadsheets; you can build your own:
  
  https://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html

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  kyfdx Moderator Posts: 237,311

  May 2020

  Vegasboy said:

  Leasehackr calculator will not let me input more than 15k miles per year. Both Lincoln & Hyundai will offer the 18k I estimate I will need. Is there a workaround for this issue or another good calculator that I can use?

  The difference in residual for Lincoln is 2% between 15K/yr and 18K/yr. Take 2% of MSRP, divide it by the lease term, and add that much to the 15K/yr monthly payment, and you'll be very close.
  
  I haven't heard of Hyundai offering a set percentage for 18K/yr, though. It's more likely a $0.XX per mile reduction in residual

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  Vegasboy Member Posts: 21

  June 2020

  Thank you

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