Annual Lease Value Table for Automobiles
Automobile
Fair
Annual
Market Value Lease
Value
$0 -
999............ $ 600
1,000 -
1,999.......
850
2,000 -
2,999....... 1,100
3,000 -
3,999....... 1,350
4,000 -
4,999....... 1,600
5,000 -
5,999....... 1,850
6,000 -
6,999....... 2,100
7,000 -
7,999....... 2,350
8,000
- 8,999....... 2,600
9,000 -
9,999....... 2,850
10,000 -
10,999..... 3,100
11,000 -
11,999..... 3,350
12,000 -
12,999..... 3,600
13,000 -
13,999..... 3,850
14,000 -
14,999..... 4,100
15,000 -
15,999..... 4,350
16,000 -
16,999..... 4,600
17,000 -
17,999..... 4,850
18,000 -
18,999..... 5,100
19,000 -
19,999..... 5,350
20,000 -
20,999..... 5,600
21,000 -
21,999..... 5,850
22,000 -
22,999..... 6,100
23,000 -
23,999..... 6,350
24,000 -
24,999..... 6,600
25,000 -
25,999..... 6,850
26,000 -
27,999..... 7,250
28,000 -
29,999..... 7,750
30,000 -
31,999..... 8,250
32,000 -
33,999..... 8,750
34,000 -
35,999..... 9,250
36,000 -
37,999..... 9,750
38,000 -
39,999..... 10,250
40,000 -
41,999..... 10,750
42,000 -
43,999..... 11,250
44,000 -
45,999..... 11,750
46,000 -
47,999..... 12,250
48,000 -
49,999..... 12,750
50,000 -
51,999..... 13,250
52,000 -
53,999..... 13,750
54,000 -
55,999..... 14,250
56,000 -
57,999..... 14,750
58,000 -
59,999..... 15,250
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For automobiles with a fair market value
greater than $59,999, the annual lease value is: (.25 × fair market value) + $500. 19