Lease vs Buy Calculator
Compare the total costs of leasing versus buying. Calculate which option is more financially advantageous over your chosen term.
Lease
Buy
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How does this comparison work?
With a lease, you pay a fixed amount each month. When buying, you pay the purchase price upfront, along with monthly maintenance and insurance costs, while taking the residual value into account.
Total cost of buying = Purchase price + (Monthly costs × term) − Residual value