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Reviews Of Auto Leasing Software With Residual Values
Top auto lease calculator software

In This Section:

When completing a lease deal, car dealers can use auto lease payment calculator software to out smart you, scam you, and haggle you up in price. Without it, they cannot scam you. What car lease software are you using? You should be using the same car lease calculator software tools to fight fire with fire and save yourself thousands, or you should not be leasing a car. Software will help you look up car pricing, rebates, car lease versus buy calculations, and lease payment calculations. It's crucial that you are able to check a dealer's car lease payments. Ideally you use your laptop PC with auto lease calculator software and fight a fair battle on a level field. No swimming in the dark, if you lease a car, fleet leasing, or single new car leasing, you should use an auto lease calculator. Here we review the top car leasing calculator software: Expert Lease Pro from Chart Software, who gives you toll free phone support and analyzes your car lease for free, and the LeaseWizard Auto Lease & Loan Analysis Kit from LeaseWizard.

Why do you need auto leasing software? Why spend money at all?

  • Using auto leasing software can save you $1500 or more
  • Performs auto lease vs. buy calculations, and standard car loan monthly payment calculations
  • Our CarBuyingtips.com visitors get a DISCOUNT from Expert Lease Pro (Must use this link)
  • You can look up new car prices, rebates, dealer cost, and residual values
  • You can calculate your monthly car lease payments before going to dealers
  • Car dealers, lawyers and accountants use it and so should you. Analyze your old car leases with it. You'll be shocked
  • Car dealers can often "pad" your car lease payment. Auto leasing software prevents this
  • Helps you decide if you should buy the lease car at the end, or forget the car lease buyout
  • Auto lease payment calculator tools catch dealers who sneak in unwanted extended warranties, credit life, VIN# window etching
  • Car dealers don't want to show you the total cost of your lease. Car lease calculator software does
  • Car leasing is too confusing to do it in your head, easy to use software does the math for you. You can't rely on dealers
  • Auto Leasing is a contract, you cannot break a lease. Once you sign, it's too late to undo a bad deal

A Lot of parameters affect your auto lease payment. Auto leasing calculations are confusing even for car dealers so they rely on software to do it. Even I would not in a million years rush out for that BMW lease or that Honda lease or Toyota lease or Lexus lease without using an auto leasing calculator software tool. If you think you don't need it and you don't want to spend the money on one, fine, you'll spend $2000 or more on your auto lease. Car leasing software is like an inexpensive insurance policy for you.

How to deal directly with the leasing company

Auto Leasing Direct is a web site that allows you to lease directly from the leasing company thus eliminating dealer mark-up on the financing terms. Their partners have agreed to provide competitive leasing with full disclosure of terms directly to you, all without the hassles and scams found at dealerships. Talk directly with leasing companies who have agreed to provide competitive leasing on select makes with full disclosure of terms directly to our visitors, all without the hassles and scams found at some dealerships. There is no cost or obligation for you to participate.

How to break a lease

If you want to know how to break a lease, find out in our new car lease guide.

Empower yourself with lease payment quotes, don't be a victim of your next lease
DON'T BE MISLED by services that claim to provide you with comparative quotes. Look closely. Do you see a list of lenders? Probably not. Do you see a credit application? Probably so because the same service that is giving you a quote is trying to lease you a vehicle! That means the quotes you see represent the terms on which THEY will lease you a car, and NOT necessarily what the most competitive lenders in the market are offering through most any dealership. Click Here For more info on getting leasing quotes.

Special car lease calculator software discount offer for our CarBuyingTips.com our visitors only

Expert Lease Pro is giving only our visitors $10 off the price of the Pro version through the end of . So you'll pay only $59 instead of $69. You must use this coupon link below to their coupon page or you'll get charged the full price:
Click Here to get Your Exclusive $10 Off Expert Lease Pro Special Coupon for CarBuyingTips.com visitors. The folks at Expert Lease tell me they keep getting testimonials like this one from our visitors who use their software:

Competitive Auto Lease Quotes Give You Lowest Lease Payments

You don't have to accept the first lease payment dealers throw out at you. Try Lease Wizards's Live Lender Quote (L.L.Q.) giving you 6 lease quotes from major lenders in your area, giving you the actual residual values, money factors, fees, mileage allowances, exactly the same information the dealer's finance manager sees on their computer. Use it to bargain with your dealer on a lease. That alone is worth its weight in gold and can save you a couple of thousand. If they try to charge you too much, you can show them the quotes from up to 6 lenders and make them honor the price. On Lease Wizards's site, choose "L.L.Q. Center".

Sample Screen Shots We Made from Expert Lease Pro Auto Leasing Software

Expert Lease Pro Auto Lease Calculator gives you 90 days on-line access to Chrome System's powerful on-line new car pricing configuration tool for both US and Canadian Markets. You get invoice and MSRP prices for over 10,000 new cars and new trucks (MSRP only in Canada). This Chrome pricing data is the most accurate and they supply new car pricing information to over 22,000 dealers in the US and Canada. You also get the CarDeals Rebate and Incentive Report listing current factory-to-customer rebates and secret factory-to-dealer incentives. Click on the screen shots below to see super sized views of the new car pricing and rebate screens:

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Now on to the meat of the program. Expert Lease Pro also does your lease versus buy calculations to help you decide which way to buy your new car. You can also do regular car loan monthly payment calculations easy as pie, and of course what you really came here for, auto lease calculators and monthly car ease payment calculations. Click screen shots below:

Chart Software also has a $29.95 Lite version of their Expert Lease Pro. The Lite version has no car prices, only residuals with typically configured MSRP (no prices, options pricing, or rebate information). You can get that information from FightingChance.com. You still get toll free phone support with the Lite version. There are a few functional differences listed in the matrix on their home page. With all the extra features and unlimited toll free phone support in the full pro version, I recommend you get the Expert Lease Pro. The Pro version also has free "RealTime Lease Quotes(tm)", which allows you to get on-line instant quotes from multiple lenders from within the software. if you like the quote you can actually lease the car from the lender at the quoted rate.

If you buy LeaseWizard's Auto Lease & Loan Analysis Kit for $24.95, it has most of the features left out by the "Lite" version of Expert Lease car lease calculator software, and no phone support. You may not need help.

If you can't check a car dealer's math on a lease with car lease calculator software, you may be getting ripped off and should not sign that Ford lease, truck lease, or whatever. Anyone who leases a car without using auto lease payment software is a victim. One of the most common complaints we receive is about dealers slipping in the VIN# window etch option, or an extended warranty, often lying to you and saying it's not there. But how can you tell if it's included in your payment if you don't know what your monthly car lease payment should be? This can add $25 to your auto lease payment. Since you don't know how to calculate auto lease payments, this would get past you if you did not use car leasing software.

Florida Attorney General investigating "allegedly deceptive practices" in car leases

Florida's Attorney General said: "Consumers wishing to terminate their lease early would call Ford to ask what the early termination penalty would be. Ford would refuse to tell them, sending them to the dealers. The dealers would then overcharge them for the penalty by $300-$2000! This is just one type of payment packing scheme that car dealers have available to them." The attorney general said investigators believe Ford Motor Credit may have provided training and materials to Ford and Lincoln Mercury sales employees to help them exploit consumers.

We don't want to pick on Ford, this can happen anywhere. You must be diligent in protecting yourself. Car dealers know what your lease payment should be, they can quote you $20 more per month, you have no way to verify it, and you're happy with the numbers, so you sign, not knowing you got duped!

Every person who leases should be using the same type of automobile lease calculator that car dealers use. On this site you'll see our recommendations for the discount buying services like InvoiceDealers, Cars.com, Yahoo!Autos, Autos.com, Edmunds.com, MyRide.com and CarsDirect. But without leasing software you're sailing the ocean of confusion, and dealers will swallow you whole. You should use lease software to study the cars you are interested in leasing, so that you'll know the lease better than the car salesman. Remember, they are using similar lease software on their computer to scam you. But if you already have the software and researched all the payment data for your car, any crooked finance manager won't have a foot to stand on, and you can save literally thousands of dollars over the life of the lease or in up front fees. Lots of people ask me where to get residual values from the ALG guides. Previously we had no way to get ALG data, nor did anyone know how leases worked, and so thousands of consumers were ripped off by crooked dealers and it still goes on all the time because most buyers don't know how to calculate leases or how they work. But now there's auto lease calculator software to the rescue. I can't tell you how many times people have emailed me that they used auto lease calculator software and caught the dealer packing payments. The salesperson always blamed their computer. It's not the car lease payment calculator software that's lying, it's the scammer inputting fraudulent data.

I get email from many readers who paid MSRP after the dealer lied to them, saying they were getting a $3000 discount. If you can't check their math, I can assure you that you may be getting ripped off. Some dealers tell you the money factor is .003 (8% APR), when it's really closer to 18% APR. How can you check that? We have no way of verifying without lease software. Auto lease calculator software works backwards to discover they lied about APR, and exposes their scam. Leasing is not a game like buying, once you sign, you're contractually bound for all 24, 36, 48 or 60 payments, so make sure you know your deal first. You should not lease without using one of these. Both of these work on PC/Windows platform only, and we don't know of any that runs on a Mac. Please don't email me asking where you can get one because I don't know. If I knew of one, duh, it would be listed here. Here's our reviews.

Our reviews of popular auto leasing software

LeaseWizard Auto Lease & Loan Analysis Kit

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calculator, auto leasing, car lease calculator, automobile leasing, leasing car, vehicle leasing, new car leasing

Vital Stats:
Cost: $24.95.
Delivery: Download or CD-ROM
Early Termination Calc.: YES
Source Of Residuals: ALG
How To Order:
Direct From LeaseWizard
Updates Available?: YES

LeaseWizard main functions:

  • Easy to use, built in car lease calculators
  • Automatic ALG and software updates, the software gets the latest ALG lease residual values and software releases for you
  • Computes tax for any state. You can play "what if" games
  • Professional Chrome Data car pricing with invoice price, MSRP, option, standard equipment and destination fees
  • "Agreed Selling Price" function, allows you to enter the dealer's offer and instantly see if you are saving or losing money
  • Residual values for each option and how it affects the deal.
  • Online quotes from multiple lenders
  • Trade-in pricing guide for late model vehicles
  • Money factors for good or bad credit car buyers
  • Lease vs. buy, reports, compare lease offers

Recommended in Consumers Digest, Automobile, and Motor Trend, the kit figures leases, loans, lease vs. buy, cash back vs. low APR, early termination, hidden costs. Used by lenders and dealers for training.

LeaseWizard figures taxes and prints easy to read lease reports in the Regulation M format that I advocate. You can instantly download a demo version free, then buy your unlock code later. Many car dealers use it to calculate your car lease, and you should too, so you can stop them in their tracks if they play games with you. It's useful to solve for hidden costs, catching the dealer padding your lease payment. It can accept money factors, cap costs and residuals as well as APR interest rates. LeaseWizard also includes residual values and sticker prices for most late model vehicles. A step-by-step guide walks you through the process, and you can look up Money Factors through their web site. Created by attorney and former VP of Carpoint, Michael Kranitz who has appeared on radio and TV programs and in countless magazines and newspapers.

The LeaseWizard kit includes the highly acclaimed book Look Before You Lease. Kranitz' book is used by national banks, car dealers and leasing companies to train their sales staffs. It covers monthly lease payments to lease tax and disclosure laws. It reviews how leasing works, how monthly lease payments are calculated, lease taxes, lease disclosure laws, used car leasing, leasing jargon and more. It's a very useful guide to have.


Expert Lease Pro

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leasing, car leasing, auto leasing software, car lease calculator, automobile leasing, leasing car, vehicle leasing Vital Stats:
Cost: $69 for the Pro, $29.95 for Lite
Delivery: Download or CD-ROM.
Early Termination Calc: YES
Source Of Residuals: Black Book
How To Order:
Direct From Chart Software

Updates Available?: YES
Technical Support?: Phone & Email

Features of Expert Lease Pro:

  • Toll free phone and email support, they analyze your car lease for free
  • Built in new car prices, invoice pricing, and Cardeals list of rebates
  • Also has Canadian MSRP car prices.
  • Lease vs. loan analysis, lease comparisons
  • Covers GMAC and Ford leases, which differ from other cars
  • Spots hidden fees, scams, or lying about money factors
  • Customizable auto lease calculator reports, monthly payments tables
  • Includes technical specifications, manufacturers warranty coverage and on some vehicles, crash test results
  • Free "RealTime Lease Quotes(tm)", from multiple lenders
  • Includes free leasing book, uses Black Book residuals
  • Strange tax states like Illinois, Texas, force taxes and fees
  • Mouse-Over Research Data view rebates, recalls, crash test data and more when you mouse over parts of the screen

Expert Lease Pro gives you the CarDeals Rebate report. You buy directly from Chart and download it to use now, and determine your lease payments before seeing the dealer. Sample screen shots.

Their Leasing Hot-Line(TM) and toll free technical support give you exceptional assistance with your questions on leasing or buying. Spending $69 now saves you thousands in lease rip-offs which happen daily. Based on the leasing complaints many readers email to us, the average lease scam siphons $1500 from the buyer. A common scam is stealing your trade-in by fudging confusing numbers on a lease contract, which most people don't know how to read. You can start using Expert Lease Pro within minutes. Plaintiff attorneys use it to sue crooked car dealers, I use it, and many state attorney generals use it to investigate leasing fraud. So should you.

Your steps for using Expert Lease:

1) Use it to price your car. It lists the dealer invoice cost and MSRP for the base model and all the options. Just check off the options and the software lists accurate invoice and MSRP pricing.

2) Look up residual values using built-in data. This tells you how much the car will be worth at the end of the lease.

3) The included CarDeals Rebate & Incentive report shows factory to dealer incentives and factory to consumer rebates for your car.

4) Add the sales tax & interest rate, and the software tells you your monthly payments. There's space for closing costs too.

Use either of the above software packages to check your old leases or a friend's lease to get practice with it. I'll bet you would never in a million years have signed that lease if you used Expert Lease at the time. Also use it to calculate how much you would spend if you bought the car instead. Now you know why I say "Let the dealer beware........"

Jump to any section. I suggest you read each chapter in order.

Part 1: Car Leasing Intro
What leasing means, how it works, the advantages and disadvantages of leasing, and how to finance a lease.
Part 2: Leasing Glossary
Glossary terms used in leasing, and how they are used against you so you'll be prepared for decisions in leasing your dream car.
Part 3: Lease Examples
Real world leases with fees attached. A free Excel spreadsheet to calculate your monthly lease payments. How car dealers calculate lease payments.
Part 4: Web Sites To Use
Reviews of discount car buying sites, determine how much dealers pay for cars, how to get ALG lease residual values. How to price your trade-in.
Part 5: Leasing Scams
Federal leasing laws, and all the common car dealer leasing scams.
Part 6: Lease Dilemmas
Money saving tips, getting out of common leasing dilemmas. What to do when your current lease is due.
ALG Residual Values
Reviews of top leasing software and where to get ALG residual values. How to avoid lease payment scams.
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