How much does it cost to lease a used car
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How much is a lease on a $70k car!
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For a lease, the capitalized cost is the main number used to determine depreciation and monthly payment.
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If the vehicle is worth $30,000 and is estimated to depreciate by $10,000, you will pay $10,000 in depreciation spread over your lease period. For a 36-month lease, this is a monthly depreciation fee of around $280.
However, if something happens to a leased car, you won’t get that money back — your insurance will reimburse the lessor. Experts recommend against making a large down payment on leased vehicles for this reason.
You can find the MSRP for every vehicle on the ma
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