Buy vs. Lease Calculator

Compare the total cost of buying versus leasing a vehicle.

Purchase Option

Vehicle Price

Down Payment

Loan Rate

Loan Term60 months

24 months84 months

Expected Value at Lease End

Lease Down Payment

Monthly Lease Payment

Lease Term36 months

24 months48 months

Expected Annual Miles15000 miles

5000 miles25000 miles

Allowed Annual Miles12000 miles

10000 miles18000 miles

Excess Mileage Cost (per mile)

Monthly Payment$586.98

Total Cost$40,219.07

Equity at End$18,000.00

Net Cost$22,219.07

Monthly Payment$350.00

Lease Total$15,100.00

Excess Mileage Fees$2,250.00

Total With Mileage$17,350.00

Best Option0

You Save$4,869.07