Car Lease vs Buy Calculator
Enter lease and loan details to compare total out-of-pocket cost and determine which option saves you more money.
100% client-side · no upload
Lease
Buy (Finance)
Lease Total
$14,600
Buy Total
$41,933
Better Option
Lease
Buy total assumes you own the car at end of term (net cost includes residual value). Lease total is cash out — you return the car.
How to use the car lease vs buy calculator
- Enter the lease down payment, monthly payment, and term in months.
- Enter the car's purchase price, your down payment, loan rate, and loan term.
- Compare total cash outflow — lease cost vs. total financed purchase cost.
Common use cases
- Short-term driving: Leasing under 3 years often has lower monthly costs but no asset at the end.
- Business use: Lease payments may be tax-deductible; consult a tax professional.
- Long-term ownership: Buying wins financially if you keep the car beyond the loan payoff.
Related tools: Mortgage Calculator · Amortization Schedule · Compound Interest Calculator · All Finance Tools
常见问题
- 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.