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Buy vs Lease a Car Calculator

Buy vs Lease a Car can be a tough decision. In general buying involves higher monthly costs initially, but you own the asset in the end. The temptation of a lease is that you will have lower monthly payments and you drive a vehicle that is usually more expensive than you could afford to buy. However, you are you have a payment and will never own the asset. Leasing a new vehicle may reduce your potential repair costs. If you lease a new vehicle, all the manufacturer's warranties are in place but whe buying a new car this is also a benefit.
At the end of a lease, all you have to do is turn the vehicle in. There's no trade-in haggling involved.

The calculator below will help you a assess the costs related to buying or leasing that car you want or might want.

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