Car Lease vs Buy

Compare total cost of leasing vs buying a car with down payment, terms, and residual.

Vehicle price

Down / cap reduction

Term (months)

Residual value (%)

Money factor (e.g. 0.0025)

Buy loan APR (%)

Assumed resale at end (buy)

Lease disposition fee

Lease monthly

$548

Total cash out: $22,638

Buy monthly

$904

Net cost after resale: $21,049

Net comparison (same term)

Lease total spent

$22,638

Buy net cost (after resale)

$21,049

Difference

Buy saves $1,588

Simplified model. Taxes, fees, mileage charges, maintenance, and insurance not included. Actual offers vary.