Cars

Lease vs Buy Calculator

Enter real numbers from the deal you're looking at. Every line of the math is shown below.

5-year verdict

cheaper to buy

Total: $0 leasing vs $0 buying over 5 years

Leasing

Monthly lease payment

Drive-off / down payment

Lease term (months)You'll re-lease or buy out at the end of each term

Disposition / turn-in fee (per term)

Buying

Purchase price

Down payment

Loan APR (%)

Loan term (months)

Shared assumptions

How long you'll keep driving (years)

Estimated resale value at end (if bought)What you could sell or trade it for

Sales tax rate (%)

The full math

Line item	Leasing	Buying

What this doesn't model: maintenance/warranty differences, mileage overage fees on leases, insurance cost differences, or opportunity cost of the down payment if invested. Use this as a strong starting estimate.

Learn more: How leasing works Hidden costs of leasing When leasing makes sense FAQ Glossary