Enter the residual value ($) and the total remaining payments amount ($) into the Calculator. The calculator will evaluate the Buyout Price. 

Buyout Price Formula

BP = RV + RP

Variables:

  • BP is the Buyout Price ($)
  • RV is the residual value ($)
  • RP is the total remaining payments amount ($)

To calculate Buyout Price, sum the residual value and the total value of the remaining payments together.

How to Calculate Buyout Price?

The following steps outline how to calculate the Buyout Price.

  1. First, determine the residual value ($). 
  2. Next, determine the total remaining payments amount ($). 
  3. Next, gather the formula from above = BP = RV + RP.
  4. Finally, calculate the Buyout Price.
  5. After inserting the variables and calculating the result, check your answer with the calculator above.

Example Problem : 

Use the following variables as an example problem to test your knowledge.

residual value ($) = 10000

total remaining payments amount ($) = 3000