How to use this calculator
- Enter the lease term, the amount due at signing, the payment and the end fee.
- Enter the purchase price, down payment, loan APR and term.
- Estimate the car’s value at the end of the lease and a return on spare cash.
Frequently asked questions
Is it better to lease or buy a car?
Over a 36-month lease in the example, leasing costs $5,455 less once the bought car’s value is counted. Buying usually wins if you keep cars for many years; leasing can win if you want a new car every few years.
How much does resale value matter?
A lot. If the car keeps 65% of its price instead of 55%, leasing comes out $1,255 ahead.
What costs does a lease add?
Charges for miles over the allowance, excess wear and the disposition fee at the end. Enter the disposition fee above; add expected mileage charges to it if you drive a lot.