Compare the real cost of leasing versus buying with taxes, fees, depreciation, maintenance, and time value of money. Model monthly payments, equity, and resale. Customize terms, rates, and mileage. See break-even ownership periods and effective monthly cost. Make confident decisions with clear totals and present-value analysis tailored to your budget and driving plans. Fast, accurate, flexible, and completely transparent results.
Result (Nominal): Leasing saves $6,333.38 versus buying over this horizon.
Result (NPV): On a present-value basis, leasing saves $6,510.18 versus buying.
Comparison horizon: 36 months. Lease months counted: 36.
| Upfront (CCR + Acquisition + Upfront fees) | $3,295.00 |
|---|---|
| Monthly Payments × 36 | $21,829.06 |
| Maintenance + Insurance | $5,400.00 |
| Excess Mileage | $750.00 |
| Disposition Fee | $395.00 |
| Buyout at End | $0.00 |
| Total (Nominal) | $31,669.06 |
| Total (NPV) | $30,350.21 |
| Net Cap Cost | $38,795.00 |
|---|---|
| Residual Value | $24,360.00 |
| Depreciation Fee / month | $400.97 |
| Finance (Rent) Charge / month | $157.89 |
| Base Monthly (pre-tax) | $558.86 |
| Estimated Monthly (with tax) | $606.36 |
| Upfront (Down + Fees + Tax) | $8,200.00 |
|---|---|
| Monthly Loan Payments × 36 | $27,310.45 |
| Maintenance + Insurance | $7,200.00 |
| Loan Balance at Horizon | $17,291.99 |
| Resale Value (inflow) | -$22,000.00 |
| Total (Nominal) | $38,002.44 |
| Total (NPV) | $36,860.40 |
| Financed Amount (incl. tax & fees) | $40,200.00 |
|---|---|
| APR | 5.00% |
| Term | 60 months |
| Monthly Payment | $758.62 |
Notes & Assumptions: Lease tax is applied to each monthly payment (varies by jurisdiction). Purchase taxes/fees are included in the financed amount. If you sell before the loan ends, remaining balance is added to cost and resale proceeds reduce cost. This tool does not model early lease termination penalties. For apples-to-apples, set the analysis horizon equal to the lease term unless you plan to buy out.
Important Note: All the Calculators listed in this site are for educational purpose only and we do not guarentee the accuracy of results. Please do consult with other sources as well.