Lease vs. Buy Car Calculator

Enter your lease terms and your purchase-financing terms to compare total cost over the period.

Lease vs. Buy Car Calculator

Compare the total cost of leasing a car versus financing a purchase over a set term.

This is an estimate for general informational purposes only, not financial advice. It excludes insurance, maintenance, mileage penalties and taxes, which can differ between leasing and buying.

Leasing and buying a car trade off differently: a lease typically has lower monthly payments but no ownership at the end, while financing a purchase builds equity you can recover through resale. This calculator totals the cash cost of each path over the same period so you can compare them side by side.

Example

  • With the default values shown above, this calculator returns: Total Lease Cost ≈ USD 16,400.00; Purchase Monthly Payment ≈ USD 888.82; Total Cost to Buy (Net of Resale) ≈ USD 16,997.56.

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