Car Lease vs Buy Calculator
Compare total lease cost with estimated buy cost and resale value assumptions.
This page is an editable estimator with realistic defaults so you can model your own situation in minutes.
Lease cost uses monthly payment, down payment, and fees.
Buy cost uses loan payments minus resale value.
| Lease mileage overage estimate | $0.00 |
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Assumptions
- Lease mileage assumptions use 12,000 miles per year as a simple placeholder.
How this calculator works
Formula used
Lease cost uses monthly payment, down payment, and fees. Buy cost uses loan payments minus resale value.
Example calculation
Plug in your own numbers and the result updates instantly. Lease cost uses monthly payment, down payment, and fees. Buy cost uses loan payments minus resale value.
Car Lease vs Buy Calculator FAQ
Is this car lease vs buy calculator exact?
No. It is a U.S.-focused estimate for planning. Actual car lease vs buy calculator can change with lender terms, taxes, fees, fuel prices, driving conditions, maintenance, and local rules.
What should I enter into the car lease vs buy calculator?
Use current quotes, realistic monthly costs, current gas or electricity prices, and your actual driving habits when possible.
Is this financial or automotive advice?
No. Results are educational only and are not financial, tax, legal, automotive, or lending advice.