How does Progressive Leasing calculate my remaining 12 month lease-to-own total?

Your 12-month lease-to-own total includes the retail cash price, plus the lease-to-own cost for the full term of your lease. This amount could cost more than double the retail cash price. This amount, plus estimated sales tax, is what you agree to pay by signing the lease-to-own agreement. 

Your remaining 12-month lease-to-own total is calculated by subtracting your payments made.

Cash Price + Lease-to-own cost – payments received = Remaining 12-month lease-to-own Total + Estimated Sales Tax

You can pay weekly, every 2 weeks, twice a month, or monthly; whatever works for you! Once you have completed the required payments, the items are yours to keep.

To learn how to view your current remaining 12-month lease-to-own total and all payments made, click here.

To understand more about your lease-to-own agreement, click here.