Tool
Leasing calculator
Estimate the monthly payment on a lease (car, machinery or equipment) from the value of the asset, the residual and the implicit rate.
Monthly payment
—
Before IVA; lease payments are subject to 16% IVA
Monthly payment with IVA—
Total payments (before IVA)—
Residual value at the end—
Total financing cost—
Assumptions & method
- Payment = the annuity that amortizes (asset value − present value of the residual) at the chosen implicit rate and term.
- Lease payments are subject to 16% IVA (Art. 1 LIVA, Mexican Value-Added Tax Law); the amount is shown with and without IVA.
- For companies and individuals with business activity, the payment on an operating lease is usually deductible with limits on automobiles (maximum daily deduction, Art. 28-XIII LISR, Mexican Income Tax Law): confirm it with your accountant.
- Total financing cost = payments + residual − asset value. An estimate; each leasing company structures it differently.
FAQ
The essentials, in brief
Operating or finance lease?
With an operating lease you pay to use the asset and at the end you decide: return it, renew, or buy it at the residual; on the books it's an expense. With a finance lease you're buying in installments from the start. Taxation and accounting differ: to deduct it as an expense you use the operating lease.
Why is the payment lower than a loan's monthly payment?
Because you don't amortize 100% of the asset: the residual is left pending at the end. If you end up buying the residual, the total cost can be similar to or higher than a loan.
Who deducts and who insures?
In an operating lease the asset belongs to the lessor; you deduct the rent (with limits on cars). Insurance is usually the lessee's responsibility or comes included in the rent: check the contract.
Next step
Tell us about your deal
Tell us how much you need and what collateral you offer. We'll tell you frankly whether it's viable and how we'd structure it.
Request via WhatsApp →