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Leasehackr calculator

VegasboyVegasboy Posts: 21
edited May 2020 in General
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?

Comments

  • MichaellMichaell ColoradoPosts: 171,748
    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

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • kyfdxkyfdx Posts: 177,170
    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

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • VegasboyVegasboy Posts: 21
    Thank you
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