A good rule of thumb when leasing (easy too) is to aim to get a 1.0 to 1.2 Lease to Value Ratio or LVR.
Use the MSRP and forget the rest as mentioned above as its more complicated unless you use your computer like I do to do the formulas to verify.
Example for a 60K car aim for $600.00-$720.00 a month with taxes.
40K MSRP aim for $400.00- $480.
My son just leased a 2013 Chrysler 300 for 46K MSRP and pays $428.00 a month with taxes and 0 down or under 1.0
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