When shopping for a car, one of the biggest decisions is whether to buy or lease. This calculator helps you compare the total cost of each option, so you can make an informed choice that fits your budget and lifestyle. Keep in mind that the most cost-efficient option over the long term is often to purchase a year-old, low-mileage vehicle with cash—avoiding interest payments and sidestepping much of a vehicle's initial depreciation. However, for most people, that is a significant amount of money to spend all at once. So this calculator helps you weigh the two most common alternatives.
When shopping for a car, one of the biggest decisions is whether to buy or lease. This calculator helps you compare the total cost of each option, so you can make an informed choice that fits your budget and lifestyle. Keep in mind that the most cost-efficient option over the long term is often to purchase a year-old, low-mileage vehicle with cash—avoiding interest payments and sidestepping much of a vehicle's initial depreciation. However, for most people, that is a significant amount of money to spend all at once. So this calculator helps you weigh the two most common alternatives.
Your Buy vs. Lease Comparison
This scenario compares the total cost of buying versus leasing based on your inputs. Remember, buying means you own the car at the end, while leasing means you return it.
Cost Difference
$0
Cost Comparison
Have A Question About This Topic?
Related Content
Debt Stress
There’s a link between debt and stress.
Good Health is Good Business
Good employee health can be great for the company’s bottom line.
Estate Strategies of the Rich and Famous
The examples of famous celebrities underline the need for a clear estate strategy.