Car Lease vs Buy Total Cost Calculator

Compare the total cost of leasing versus buying a vehicle over the same period. This calculator accounts for all major costs including payments, fees, operating expenses, and resale value.

Key Considerations:

• Leasing: Lower monthly payments but no equity; best for those who want new cars frequently
• Buying: Build equity, no restrictions, but higher upfront and monthly costs
• Operating costs (insurance, maintenance, fuel) are the same for both options
• Buying assumes you sell the car after the loan term and recoup resale value

Note: This comparison is financial only. Consider lifestyle, mileage needs, and personal preferences.