Lease vs Buy Calculator

Compare the costs of leasing versus buying a car. Analyze monthly payments, total costs, and get personalized recommendations to make the best financial decision.

Vehicle Information

$5,000 $200,000
$0 $50,000
$0 $50,000
0% 15%

Buying Options

3 Years 7 Years
0.1% 20%
10% 80%
Percentage of original price after loan term
$0 $5,000

Leasing Options

2 Years 4 Years
$100 $2,000
$0 $20,000

How to Use the Lease vs Buy Calculator

Vehicle Information

Enter the vehicle's MSRP, down payment, trade-in value, and local sales tax rate to establish the baseline costs.

Buying Details

Specify loan terms, interest rate, expected resale value, and annual maintenance costs for the purchase scenario.

Leasing Terms

Input lease duration, monthly payment, down payment, and mileage limits to calculate leasing costs.

Compare Results

Review the detailed comparison including monthly payments, total costs, and our recommendation based on your inputs.