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.

- First, determine the residual value ($).
- Next, determine the total remaining payments amount ($).
- Next, gather the formula from above = BP = RV + RP.
- Finally, calculate the Buyout Price.
- 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