The money factor is the interest rate of a lease, written in a different form. Enter one number, and the calculator gives the other.
A money factor of 0.00309 is an interest rate of 7.42% a year.
Money factors in the November 2026 offers
Genesis, Lexus, Toyota publish the money factor of their lease offers. The lowest rate is first. Each line is the best offer for the model where most regions share it.
| Model | Money factor | APR |
|---|---|---|
| Toyota C-HR | 0.00001 | 0.02% |
| Toyota bZ Woodland | 0.00006 | 0.14% |
| Genesis GV80 Coupe | 0.00007 | 0.17% |
| Toyota bZ | 0.00010 | 0.24% |
| Genesis G90 | 0.00056 | 1.34% |
| Lexus ESe | 0.00140 | 3.36% |
| Lexus RZ | 0.00165 | 3.96% |
| Genesis Electrified GV70 | 0.00169 | 4.06% |
| Lexus NX | 0.00178 | 4.27% |
| Lexus UX | 0.00185 | 4.44% |
| Lexus TX | 0.00193 | 4.63% |
| Lexus ES | 0.00200 | 4.80% |
| Genesis GV70 | 0.00207 | 4.97% |
| Lexus RX | 0.00210 | 5.04% |
| Genesis G70 | 0.00220 | 5.28% |
| Genesis GV80 | 0.00222 | 5.33% |
| Genesis G80 | 0.00247 | 5.93% |
| Toyota Tundra | 0.00247 | 5.93% |
| Lexus IS | 0.00250 | 6.00% |
| Genesis GV60 | 0.00252 | 6.05% |
| Toyota Crown | 0.00278 | 6.67% |
| Toyota Tacoma | 0.00290 | 6.96% |
| Toyota Highlander | 0.00304 | 7.30% |
| Toyota Land Cruiser | 0.00304 | 7.30% |
| Toyota Camry | 0.00306 | 7.34% |
| Toyota 4Runner | 0.00308 | 7.39% |
| Toyota Prius | 0.00308 | 7.39% |
| Toyota RAV4 | 0.00309 | 7.42% |
| Toyota Corolla Cross | 0.00312 | 7.49% |
| Toyota Corolla | 0.00316 | 7.58% |
| Toyota Corolla Hatchback | 0.00324 | 7.78% |
| Toyota Grand Highlander | 0.00324 | 7.78% |
| Lexus GX | 0.00325 | 7.80% |
| Lexus LX | 0.00325 | 7.80% |
| Toyota Crown Signia | 0.00325 | 7.80% |
| Toyota Sequoia | 0.00345 | 8.28% |
| Toyota Sienna | 0.00345 | 8.28% |
How the conversion works
APR = money factor × 2,400
A money factor of 0.00250 is an interest rate of 6.00% a year. To go the other way, divide the rate by 2,400: 6.00% is a money factor of 0.00250.
The number 2,400 is not exact. A lease charges interest on the average of the car's price at the start and its value at the end, and the money factor is built for that average. The result is close to the rate of a car loan, and close enough to compare offers.
When a dealer says "2.35"
Some dealers leave out the zeros and say "2.35" for a money factor of 0.00235. The calculator reads any number of 0.1 or more in that way.
What to do with the number
Ask the dealer for the money factor of your lease, and compare it with the rate that the brand advertises. A dealer can add to the money factor and keep the difference. If the money factor of your quote is higher than the one in the ad, ask why.
A low money factor alone does not make a lease cheap. The price of the car and the amount due at signing matter more. The true cost calculator puts all of it in one number.