Decide whether leasing or buying a car makes more financial sense over the same number of years. Leasing usually has lower monthly payments but you own nothing at the end, while buying costs more each month yet leaves you with a car that still has resale value. This calculator adds up the total cash you would spend on a lease, compares it to the total cost of buying after subtracting the estimated resale value, and shows the net cost of each path. It also reports the monthly payment for both so you can weigh cash flow against long term value. The right answer depends on how long you keep cars, how many miles you drive, and how much the car holds its value. All numbers are computed locally in your browser.
It totals the cost of each option over the same period, including payments and upfront cash, so you can compare like for like.
When you buy, you keep the car's remaining value at the end, which counts as equity that a lease does not give you.
Yes. It reports the monthly payment for both leasing and buying alongside the total cost.
Decide whether leasing or buying a car makes more financial sense over the same number of years. Leasing usually has lower monthly payments but you own nothing at the end, while buying costs more each month yet leaves you with a car that still has resale value.
Yes. Car Lease vs Buy Calculator is completely free, with no sign-up and no usage limits.
Yes. Car Lease vs Buy Calculator runs in any modern web browser. There is nothing to download or install.
Yes. Car Lease vs Buy Calculator runs entirely on your device in your browser, so nothing you enter is uploaded to a server.