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Calculating Loans and Leases
A loan and a lease can be calculated simultaneously from the same information. Use this procedure to calculate the monthly payment for a lease or loan, allowing a contact to compare leases with purchases, and loans of varying terms with each other. Much of the same information is required to calculate a lease or a loan. After that information has been entered, multiple calculations for leases and loans can be generated by changing the terms.
To calculate the lease and loan prices of a vehicle
- Navigate to the Automotive Tools screen > Financial Calculator view.
- Enter values in the fields, and click Calculate.