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Lease vs Buy Car Calculator

Total 36-month cost of leasing vs buying.

Compare the total 36-month cost of leasing vs buying a vehicle, given the lease payment and the loan terms (price, down payment, APR, and term in months).

Nadia Almasri By Nadia Almasri
Published Last reviewed 1 min read

Inputs

mo
$
$
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%
mo
$

Results

Enter values and click Calculate to see results.
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How to use this calculator

  1. Fill in the inputs above using the units you already have.
  2. Values update automatically as you type — no submit button needed.
  3. Hover any result row for the underlying formula and intermediate values.

Formula

Lease total = lease payment × months + drive-off fees. Buy total = monthly loan payment × months + down payment − resale value at month 36.

In depth

Compare the total 36-month cost of leasing vs buying a vehicle, given the lease payment and the loan terms (price, down payment, APR, and term in months).