Best valueHatchback · 244 mile EPA range
2026 Nordvik Alto Core
The cheapest way into an electric car in Austin
$281a month, sample
- Term and band
- 36 mo / 10,000 mi
- Due at signing
- $2,111
- Residual
- 59% of MSRP
- Money factor
- 0.00145 (3.48%)
4108 Burnet Road, Suite 120, Austin, TX 78756
Term, mileage band, due at signing, residual percentage and money factor, published for each one. If you can see those four things you can rebuild the payment yourself, which is the point.
Best valueHatchback · 244 mile EPA range
The cheapest way into an electric car in Austin
$281a month, sample

Hatchback · 252 mile EPA range
Alto on stilts, with roof rails and a bigger pack
$316a month, sample
Most leasedSedan · 301 mile EPA range
The car we lease more of than anything else
$342a month, sample

Sedan · 278 mile EPA range
Dual motor, and honest about what that costs you
$581a month, sample

SUV · 289 mile EPA range
Five seats, 31.7 cubic feet and a tow rating that is real
$440a month, sample

SUV · 302 mile EPA range
Seven seats, and a 39 month term that shaves the payment
$659a month, sample

Estate · 315 mile EPA range
More cargo than the SUV, 26 miles more range
$506a month, sample

Van and MPV · 265 mile EPA range
Sliding doors, six seats, a flat floor when you need it
$563a month, sample

Truck · 271 mile EPA range
A 9.6 kW generator that also does the school run
$713a month, sample
Fleet specTruck · 232 mile EPA range
The fleet spec, written on 48 months on purpose
$606a month, sample
Every payment shown is calculated from the vehicle's MSRP, selling price, residual percentage and money factor using the standard lease formula, then rounded to the nearest dollar. All figures are samples for demonstration. Offers are samples, subject to credit approval. Texas motor vehicle tax of 6.25 percent and the $1,095 acquisition fee are capitalised into the payments shown. Due at signing includes the first monthly payment, the capitalised cost reduction, the $225 documentary fee and $105 of title and registration.
City parking, the cheapest payment on the board
$281a month, sample · 2 cars
The long commute car, best miles per kWh
$342a month, sample · 2 cars
Five or seven seats, roof rails, dog in the back
$440a month, sample · 2 cars
Sedan ride height with SUV cargo volume
$506a month, sample · 1 car
Bed power outlets, towing, job site charging
$606a month, sample · 2 cars
Six seats or a flat load floor, sliding doors
$563a month, sample · 1 car
If a question you have is not here, call and ask for a lease advisor. Nobody will read you a script.
Two things plus tax. Depreciation is the adjusted capitalised cost minus the residual value, divided by the number of months. Rent charge is the adjusted cap plus the residual, multiplied by the money factor. Add them together and that is your payment. Texas motor vehicle tax is capitalised into the cap cost at inception rather than added monthly, which is why a Texas payment looks higher than the same deal quoted in a monthly tax state.
It is the lease equivalent of an interest rate, written as a small decimal. Multiply it by 2,400 to get the APR equivalent. A money factor of 0.00142 is roughly 3.41 percent. Every offer on this site shows both numbers. If a dealer will not tell you the money factor, that is the answer to a different question.
Because the residual is the bank's forecast of what the car will be worth at the end of the term, and it is set as a percentage of manufacturer's suggested retail price before any discount. That is why negotiating the selling price down helps your payment but does not change the residual. It is also why a car with a big discount and a low residual can still be an expensive lease.
Usually not. A capitalised cost reduction lowers the payment but it is not refundable if the car is written off or stolen early in the term, and gap cover pays the lessor, not you. We normally recommend the smallest cap reduction that gets you the tier you want, and putting the rest nowhere.
Every lease carries the Standard column at no cost. The two waivers are optional, priced separately and added to the payment rather than buried in it. Whichever you take, the six promises on the right apply.
$0included with every lease
What every Current lease carries before you add anything.
$11a month, added to the payment
The one most families add. Turn in with no wear invoice.
$29a month, added to the payment
For cars that carry tools, dogs, car seats or a ladder rack.
Package prices are sample figures added to the monthly payment. Waiver terms, limits and exclusions are set out in the waiver agreement supplied with your contract. Offers are samples, subject to credit approval.
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