Is this car lease vs buy calculator free?

Yes, completely free with no signup required. All calculations run in your browser.

Does my data leave my device?

No. Your financial details never leave your device.

Does it work on mobile?

Yes. The tool is mobile-first and works on iPhone Safari and Android Chrome.

Does "buy total" include the car's residual value?

The buy total shows total cash outflow (down payment + all loan payments). At payoff, you own the car free and clear — its remaining value makes the net cost lower than shown. Lease total is a sunk cost with nothing at the end.

When does leasing make sense?

Leasing suits drivers who prefer lower monthly payments, want a new car every 3 years, drive fewer than 12,000–15,000 miles/year, and value warranty coverage. Buying wins financially if you keep cars long-term.

Car Lease vs Buy Calculator

Compare total cost of leasing versus financing a car purchase over any time period.

100% client-side · no upload

Lease Down Payment ($) Monthly Lease Payment ($) Lease Term (months) Car Purchase Price ($) Buy — Down Payment ($) Loan Interest Rate (%) Loan Term (months)

How to use

Enter the lease down payment, monthly payment, and term in months.
Enter the car's purchase price, your down payment, loan interest rate, and loan term.
Compare total cash outflow — lease cost vs. total financed purchase cost.

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Frequently Asked Questions

Is this car lease vs buy calculator free?: Yes, completely free with no signup required. All calculations run in your browser.
Does my data leave my device?: No. Your financial details never leave your device.
Does it work on mobile?: Yes. The tool is mobile-first and works on iPhone Safari and Android Chrome.
Does "buy total" include the car's residual value?: The buy total shows total cash outflow (down payment + all loan payments). At payoff, you own the car free and clear — its remaining value makes the net cost lower than shown. Lease total is a sunk cost with nothing at the end.
When does leasing make sense?: Leasing suits drivers who prefer lower monthly payments, want a new car every 3 years, drive fewer than 12,000–15,000 miles/year, and value warranty coverage. Buying wins financially if you keep cars long-term.

Last updated: 2026-05-20 By jarvisbox