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• Automotive News Article
  (This article describes the U.S. Edition, but many 
  of the features are the same for the Canadian Edition.)

• Ordering a LeaseMaker

• Features

• Accessories

• Support

• Computes new and used vehicle leases using a money or lease factor, and using simple-interest rates (11 different lease companies).

• Finds the lease price or payment.

• Calculates security deposit by six different methods, can also be entered by user.  Security deposit calculation automatically adjusted for Quebec.

• Applies Federal (GST/HST) and Provincial (PST) sales taxes as appropriate for each Province.

• The drive-off amount (amount due at signing) is calculated.

• Computes used car leases (residual dollar amount can be entered).

• Excess contracted kilometer charge reduces residual. 

• Calculates GST/HST Credit and PST Credit for trades, if applicable.

• Applies Alternate GST/HST or PST methods, if appropriate.

• Computes the Annual Lease Rate (A.L.R.).

• Computes the lease factor for any lease.

• Computes lease dealer reserve by difference in factors method.

• Trade and cash down payment entered as gross amounts, program computes net trade and cash.

• Displays a complete disclosure ( or prints it with optional printer - see Accessories).

• "Ask Province" option allows you to quickly jump from one province to another -- ideal for dealerships near a provincial line or for consultants, sales training organizations, or central offices.

• "Ask Lease Type" option allows you to quickly jump from one leasing company to another -- makes it easy to compare payments, etc from one leasing company to another.

• Computes retail finance and balloon loans.  Find the payment or loan amount (from a known payment).

• Residual can be entered as percentage of MSRP or as a dollar amount (for used vehicles).

• Special Quebec routine for residual value loans calculates a fully-amortizing installment loan with a payoff equal to the residual amount at the residual term.

• Prompts can appear in English or French (both languages in one calculator).

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Download/Read User's Guide

The complete LeaseMaker User's Guide is available on line.  This is a PDF file which can be downloaded or read on line.  It is about 20 pages (120K).   (Right-click the above link to download the file.)  You will need Adobe Acrobat Reader to read this file.

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Supplement for Lenders and Lessors

The LeaseMaker Supplement for Lenders and Lessors discusses how to do yield and early-termination payoff computations,  and also explains the history and derivation of the lease factor.  This is a PDF file which can be downloaded or read on line.  You will need Adobe Acrobat Reader to read this file.

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• Battery Replacement

• Instant Upgrade Service

• Returning Your Calculator for Service

• Setup Codes

• Software Update Information

• Download/Read User's Guide

• Supplement for Lenders and Lessors

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To change batteries, you should first have the replacement batteries at hand (two CR2032 Lithium batteries are required) and a small screwdriver to remove the two screws on the back of the calculator. Make sure you install the new batteries with the same orientation (plus and minus) as the original batteries (this is also shown on a diagram on the inside of the back cover). 

The CR2032 battery is available at Radio Shack stores, camera stores or departments, and other places that sell small batteries.  It is round, about 0.75 inches (19 mm) in diameter and 0.125 inches (3.175 mm) thick.

Click here for detailed instructions on changing the handheld calculator batteries (instructions are also in the User's Guide).

If you need assistance in changing the batteries, contact our office at 1 800 843-7766 between 9 AM and 5 PM Eastern Time, Monday through Friday.

You may have to setup the calculator after replacing the batteries.  See Setup Codes or 627C User's Guide.

If the calculator still does not work, the calculator and/or card are probably defective and need repair.  The calculator and card should be Returned for Service.

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The 627C LeaseMaker is frequently updated to keep pace with the industry, various Federal and Provincial regulations, and changes in major leasing companies.

This is a list of the most recent changes together with the date they were made and the software Series number.  The most recent version is at the top of the list.

If your calculator has an earlier version of the software, it should be upgraded.  See Instant Upgrade Service or Returning Your Calculator For Service.  You will receive the most recent version of the software together with a new User's Guide.

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Configuration of the calculator is done through the Setup Routine.

 After you press the Setup Function Key, you have to enter a code number to access a routine.

This is a list of the setup codes and a short description of what they do.  Full details are in the 627C User's Guide. 

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PROM®, PROMSOFT® , LoanMaker® & LeaseMaker® are registered trademarks of PROM Software Inc.