I am trying to do a rough calculation of my cost to lease a Clarity. Are my calculations below correct ? Will appreciate comments from experts who have leased before and understand what they are doing, before I start final negotiations. Thanks ! Clarity Touring. Purchase - I have a quote for 35K. Additional 1K off for financing, so 34K if I purchase. 9.5K in rebates (Fed and CA and PG&E). Lease - If I can get the same price on a lease (not sure yet if I can), I understand terms are 7K lease cash, 44% residual for 3 year 36K, and money factor of 0.00071 - 44% residual works out to 16.5K (using MSRP of 37.5K). - Price 35K - 7K lease cash = 28K. Subtract residual and that leaves me with 11.5K for the lease. - Add in 1K for lease acquisition & disposal fees (now at 12.5K). Add in roughly 0.5K (interest) and 1K (taxes) and now I am at 14K for the lease over 3 years - Monthly payment should be 14K / 35 = 400 - Should still be eligible for the CA and PG&E rebates, So I should be at 12K our-of-pocket for leasing, over 3 years. Does that sound right, or am I missing something ? Thanks in advance for your help !