Buy vs Lease Calculator

Compare 3-year total cost of buying vs leasing a car.

Inputs

Results

Buy (3yr)

$19856

Lease (3yr)

$14400

Cheaper

Leasing

How to use this calculator
  1. 1Enter purchase price, down payment, and loan APR.
  2. 2Enter lease monthly payment from dealer quote.
  3. 3Include expected resale value when buying — net cost matters, not just payments.
Pro tips
  • Also try our Car Loan and Auto Lease calculators for payment details.
Frequently Asked Questions
How to Use

About the Buy vs Lease Calculator

What it calculates

Compares 3-year total cost of buying (with loan) vs leasing the same vehicle.

When to use it

Use when deciding between financing a purchase or a 36-month lease.

Example

Buy total $22k vs lease total $14.4k over 3 years — but buying leaves you an asset worth resale value.

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