Buy vs. Lease Calculator
Compare leasing and buying to find the better value.
What This Number Means
This comparison is only one part of the decision. Before you sign, consider:
Whether leasing or buying costs less over your ownership horizon
How each option affects your monthly cash flow
How mileage limits and wear fees factor into leasing
Whether ownership equity outweighs lease flexibility
Whether the vehicle's business use changes the better fit
How to Use This Calculator
1
Enter the vehicle price: Input the purchase price of the vehicle.
2
Add lease terms: Enter the lease payment, term, and mileage allowance.
3
Add loan terms for buying: Enter the rate and term if you'd finance a purchase instead.
4
Review the comparison: See the total cost of leasing versus buying side by side.
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