Car Rental Calculator – Simply the Best Car Rental Payment Calculator

– It’s Cheaper: With the retail price of many cars rising today, leasing is often the cheapest way to acquire a new vehicle. Leasing generally requires lower down payments and monthly payments than buying a car.

– Leases usually end before cars need major maintenance or new tires, so maintenance costs are usually low. Leased vehicles are almost always covered by the original factory warranty, so owners don’t have to worry about out-of-warranty repair costs.

– You can have a new car every few years. Leases, typically three years, offer a faster turnaround time than the standard car loan, which is around six years. Leases are also easier to terminate than a loan, since you don’t have to worry about selling the car or using it as a trade-in once the lease term is over.

Calculating your own rental payment down to the penny isn’t realistic: taxes and fees vary by region, and additional fees can vary from brand to brand. And no matter how hard you try, you’re almost guaranteed to leave some fees out of the equation. But you can get close enough.

Some of the data you need will be available here on Edmunds. But other information you will need to collect from a dealer. A simple email to a fleet manager or sales manager should be enough to get started. Lily This article for more detailed information.

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