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Lease vs Buy Car Calculator
Compare estimated cash costs over the same vehicle-use period. Enter matching assumptions; financing, insurance and fuel are not modeled.
How do I compare leasing and buying a car?
For a lease, add payments, money due at signing, end fees, excess-mile charges and maintenance. For buying, subtract expected resale value from purchase price, taxes/fees and maintenance. Compare totals over the same number of months.
Frequently asked questions
How do I compare leasing and buying a car?
For a lease, add payments, money due at signing, end fees, excess-mile charges and maintenance. For buying, subtract expected resale value from purchase price, taxes/fees and maintenance. Compare totals over the same number of months.
Are my car and cost details uploaded?
No. The estimate runs in this browser and does not request quotes or contact a dealer.
How does the mileage allowance affect a lease?
Only miles above the annual allowance are multiplied by the per-mile fee. This simplified estimate assumes annual mileage is steady over the selected term.
Does the buy estimate include resale value?
Yes. It subtracts your entered expected resale value from purchase price, taxes/fees and maintenance. Resale value is uncertain, so try a range of estimates.
Does this include financing or loan interest?
No. It compares cash ownership costs and depreciation, not loan amortization, lease money factor, insurance, fuel, registration differences or taxes beyond the purchase amount you enter.