How it works
- Enter the car price, comparison period and expected resale value.
- Enter lease payment, money due at signing, mileage limit and fees.
- Enter your loan down payment, rate and term.
- Read which option costs less and by how much.
Fair comparison
Leasing looks cheaper by the month because you pay for depreciation only. Buying builds equity. The calculator compares net cost: cash paid plus remaining loan balance, minus what the car is worth.
Mileage and fees
Extra miles and end-of-lease fees can erase a lease advantage. Enter your real yearly miles to see the effect.