Lease vs Buy Calculator

Compare total out-of-pocket cost over the same number of months, minus what the bought car is still worth at the end.

How the comparison works

Lease cost = all monthly payments + amount due at signing + end-of-lease fees. Buy cost = down payment + loan payments in the period + remaining loan balance − the car's value at the end. The resale value is the biggest unknown: look up real listings of the same model at that age.

FAQ

Is leasing always more expensive?

Not always. If the car depreciates faster than the lease assumed, or you change cars every few years, leasing can come out cheaper. The resale estimate decides it.

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