Automotive Calculators
Car Lease vs. Buy Calculator
Enter lease and loan payment details to compare the total cost of leasing vs. buying a vehicle.
Leasing
Buying
$14,400
Total cost of leasing (you own nothing after)
$18,000
Net cost of buying (after resale value)
Excludes taxes, insurance, and maintenance — those differ by lease/loan terms and should be compared separately.
How to use this tool
- 1Enter lease payment and term.
- 2Enter loan payment, term, and expected resale value.
- 3Compare total costs.
Frequently asked questions
Which is cheaper, leasing or buying?+
It depends on the specific terms — leasing often has lower monthly payments but you own nothing at the end, while buying builds equity through resale value.