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Lease vs Buy Calculator - Car Decision Tool

Free lease vs buy calculator. Compare total costs of leasing versus buying a car. Make the right decision for your budget.

Compare car leasing vs buying costs

Enter your values to see results

and click the "Calculate" button

Lease vs Buy Calculator

Compare the total cost of leasing versus buying a car. Consider both financial costs and your driving needs.

Net Buy Cost = Total Payments + Down Payment - Residual Value

Compares lease total with buying costs minus the car's remaining value. Lower total = better option financially.

When is leasing better?

Leasing suits those who: want lower monthly payments, drive <15k miles/year, want new cars every 2-3 years, can claim business deductions.

When is buying better?

Buying suits those who: keep cars 5+ years, drive many miles, want to customize, want no payments after payoff.

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