Current Lease Money Factors & Residual Values
June 2026 OEM buy rates by make and model
Look Up Money Factors
What Is a Money Factor?
A money factor is the interest rate on a car lease, expressed as a small decimal like 0.00125. It's set by the manufacturer's captive lender (e.g., Toyota Financial Services, Honda Financial Services) and determines the finance charge portion of your monthly payment.
To convert a money factor to an equivalent APR, multiply by 2,400. For example:
These are "buy rates" — the base rates from the manufacturer's lender before any dealer markup. Dealers can (and often do) add 0.0005–0.0015 to the money factor, which adds 1.2–3.6% to your effective APR. Knowing the buy rate lets you negotiate the markup away.
Residual values are the projected worth of the vehicle at lease end, expressed as a percentage of MSRP. Higher residuals mean lower depreciation and lower monthly payments. Residuals are set by the manufacturer and are non-negotiable.
Frequently Asked Questions
What is a good money factor?
Below 0.00150 (3.6% APR) is good. Below 0.00100 (2.4% APR) is excellent — usually manufacturer-subsidized. Above 0.00250 (6.0% APR) is high and worth pushing back on.
Can the dealer mark up the money factor?
Yes. Dealers often add 0.0005–0.0015 to the buy rate, adding 1.2–3.6% to your effective rate. Unlike APR on a loan, they don't have to disclose the markup. Knowing the buy rate gives you leverage.
How often do money factors change?
Monthly. Manufacturers update money factors and residual values on the 1st or 2nd business day of each month. Programs can also change mid-month, though this is less common.
Are money factors the same everywhere?
Not always. Some manufacturers run regional programs with different rates. The data here reflects nationally available programs. Your local rate may differ slightly.