DVP has a built in loan calculator that allows you to calculate loan or lease payments over a period of time. In the main window select “Tools -> Loan Calculator” to display the loan calculator window. You can also access it when you make a quote or a bill of sale from the respective windows (select the tab “Terms of Financing”).

There are different options for loan calculation. You can calculate monthly payment, purchase price, or payment for any frequencies like weekly, biweekly, quarterly etc. Select a tab, type in the input data and click the calculate button.

For Monthly Lease Payment Calculation:

To calculate monthly lease payments select the lease tab. Then enter the following details:

Vehicle price (excluding tax): This is the selling price of the vehicle (price + other costs+ administration fee).
Incentives, rebates etc. (other than trade in): Enter here if you offer any incentives or rebates for the vehicle other than trade in.
Down payment: Enter the down payment amount.
Trade-In: Enter the trade-in amount.
Net Cap Cost: Digital Vehicle Plus will calculate this based on the price and rebates.
Rate (%) : Enter here lease rate (eg. 9.0%). Digital Vehicle Plus calculates the money factor based on this value.
Residual Value: Enter residual value of the vehicle after lease term in percentage (eg. 50%).
Sales Tax: Select the percentage of total taxes. (All taxes added together).
Term (months): Select the lease term in months.
After entering all values press the calculate button. Results will be displayed in result box.

Note: This loan/lease calculator is a general purpose one and uses input values the user enter. This may not include some factors/charges unique to your finances. The accuracy and applicability of this calculator is not guaranteed.