Lease vs. Buy Car Calculator

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Lease Vs. Buy Car Calculator

Use this lease vs. buy calculator to figure the best deal on your next car. Simply compare your total costs of leasing vs. buying over the term of the arrangement.

This lease or buy calculator estimates costs including "lost interest" due to initial expenses like the down-payment. It also calculates your estimated monthly lease payment and your monthly loan payment for comparison.

Simply enter the data then click "Calculate Lease vs Buy" to arrive at cost figures.

Description

(A) Lease:

(B) Loan:

Instruct/Explain

1. Purchase price:

2. Sales tax rate:

3. Fees:

4. Cash Down payment:

5. Net Trade-in allowance:

>6. Rebates:

7. Term (in months):

8. Interest rate (APR):

9. Monthly payment:

10. Security deposit:

11. Estimated resale value:

12. Annual savings rate:

13. Year #/% Deprec.

1

2

3

4

5

6

7

8

9

10

Description

(A) Lease:

(B) Buy:

Instruct/Explain

14. Monthly payment:

15. Total of payments:

16. Total interest expense:

17. Net up-front expenses:

18. Depreciation expense:

19. Forgone Interest earnings:

20. Total cost:

21. Average cost per year:

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