Buying and leasing can look surprisingly different once you run the numbers. Adjust the vehicle price, down payment, financing terms, and other costs to compare both options and see which one may fit your budget best.
The amount of value the car will lose every year, 15% is the average.
This field is for any other upfront fees due at signing.
The residual value is the vehicle's buyout price at lease end, a percentage of the MSRP. Use the dealer's RV or estimates. The RV affects your monthly payment. Examples: 36-month lease - 55%, luxury car - 65%, 48-month lease - 50%, luxury car - 60%.
This field is for any other upfront fees due at signing.
Our calculators are for informational purposes only and are not intended to provide financial advice. All examples are hypothetical and for illustrative purposes. You may wish to consult an appropriate outside advisor about your financial situation.
Net Cost of Buying
$0.00
This estimate is for planning purposes only and may vary based on your final purchase price, financing terms, taxes, fees, trade-in value, insurance costs, and other factors.
This estimate is for planning purposes only and may vary based on your lease terms, taxes, fees, mileage, vehicle condition, insurance costs, purchase-option price, and other factors.
If buying comes out ahead, our local lenders can talk you through real rates and terms for your situation. Straight answers from someone you can call by name.
