Use the Car Lease Evaluator to See How your Lease Deal Stacks-Up
I designed the car lease evaluator to make it easy to get a quick graphic idea of the type of car lease deal you are being offered. There is nothing fancy here. The result is based on the Lease Value Ratio (LVR). Additionally, the other number I use is the Lease Value Life span which tells you how many years of life the lease is giving you. THis all new Car Lease Evaluator is the smartest way to break down your lease in plain English. Whether you’re about to sign a contract or double-checking a deal you’ve already made, this tool will help you instantly see the true value of your lease.
Our unique system evaluates your lease using two key numbers: Lease Value Ratio (LVR). and Lease Value Lifespan (LVL).
Click here to go straight to the Car Lease Evaluator Tool
What is Lease Value Ratio? (LVR)
Lease Value Ratio (LVR)
Lease Value Ratio is a quick way to measure how much value you’re getting from a lease deal by comparing the total cost of the lease to the MSRP (sticker price) of the vehicle. It’s expressed as a percentage, and the lower the LVR, the better the deal.
How It Works:
LVR = (Effective Monthly Payment × Lease Term) ÷ MSRP
This formula includes both your monthly payments and any down payment or upfront costs, giving a true picture of what you’re paying over the life of the lease. A low LVR means you’re paying much less than the vehicle is worth over the lease term.
What’s a Good LVR?
- Below 1.00% – Excellent lease deal
- 1.00%–1.25% – Solid value
- Above 1.25% – Can still be fair, but not the most efficient use of lease dollars
It’s a fast, apples-to-apples way to compare lease deals—especially helpful when looking at cars in different price ranges.
What is Lease Value Life Span? (LVL
Lease Value Lifespan is a metric that estimates how many years of use you’re effectively getting for each dollar spent on your lease. It takes into account the total lease cost—including down payment and monthly payments—and compares it to the vehicle’s MSRP. The higher the number, the better the value.
Think of it this way: if your lease costs $12,000 total and the car has an MSRP of $36,000, you’re effectively “buying” one-third of the car’s life. That translates to a Lease Value Lifespan of about 3 years. A good score is typically 8 or higher, with exceptional deals reaching 10+ years.
It doesn’t mean you keep the car that long—it’s just a benchmark for value, showing how far your lease dollars stretch relative to the car’s price.
Car Lease Evaluator Tool
Lease Value Lifespan (LVL)
LVR (%): — i
LVL (Years): — i
Compare Any Lease with Real-World Benchmarks using the Car Lease Evaluator
Compare Any Lease with Real-World Benchmarks
We created this tool to cut through the noise. Instead of confusing numbers and hidden fees, we show you what matters: How much car are you really getting for your money?
Using your inputs, the evaluator charts your lease deal on a color-coded grid. Great deals land in the green zone. Subpar leases drift into yellow or red.
No more guesswork. No more “hoping” it's a good deal. You’ll see it — visually and numerically — the moment you click evaluate.
Why Use the Car Lease Evaluator Tool to Evaluate your Lease Deal?
Whether you're leasing a new SUV, electric vehicle (EV), luxury sedan, or a budget-friendly compact car, understanding the total cost of your lease is essential. Many car buyers focus only on the monthly payment, but that alone doesn’t tell the full story. That’s where our Car Lease Evaluator comes in — giving you a complete picture by calculating your effective monthly cost, Lease Value Ratio (LVR), and Lease Value Lifespan (LVL).
Unlike most car lease calculators that only show the monthly payment or total lease cost, this tool helps you understand how your lease stacks up to the MSRP of the vehicle. It's not just about what you pay — it's about how much vehicle you're getting in return. Our visual grid and speedometer rating give you a simple, instant view of lease quality, whether you're looking at a high-incentive EV lease, a subvented luxury lease, or a basic commuter car.
Use this tool before signing your next lease. Compare vehicles, check lease offers, and make more informed decisions using real-world metrics — not just sales pitches. Better leases are out there — we’ll help you spot them.
Cut Through the Jargon and Find Real Value
When I’m looking at a lease deal, I don’t want to break out a dictionary of leasing terms.
Residuals? Money factor? Cap cost? Forget it.
All I care about is this:
Am I getting good value for what I’m paying every month?
That’s why I created the Car Lease Evaluator.
This tool strips leasing down to what really matters:
- MSRP (sticker price of the car)
- Effective Monthly Payment (your actual monthly cost after factoring in down payments or upfront fees)
That’s it. No fine print. No dealer double-speak.
Why ignore all the traditional metrics?
Because:
- I’m leasing, not buying—so I don’t care what the residual value is
- The money factor (interest rate) is already baked into the monthly cost
- The dealer can worry about the math—I just want a quick, easy way to compare value
The 1% Rule… Upgraded
You might’ve heard of the “1% rule” before:
If your monthly payment is less than 1% of the vehicle’s MSRP, it’s usually a good lease.
Well, this calculator takes that idea and runs with it.
- Enter just two numbers
- Instantly get a Lease Value Rating
- See a visual gauge to help you decide if it’s Fair, Good, or Outstanding
This is how lease-savvy shoppers compare deals at a glance—without spreadsheets or stress.