🤔 Lease vs Buy
Total cost comparison over time
About this calculator
Leasing looks cheaper monthly, but buying often wins long-term — this calculator does the honest math. Enter the vehicle price, lease terms (down payment, monthly payment, term, residual value), loan terms for buying (down payment, interest rate, term), and how long you'll keep the car. It compares total out-of-pocket costs for each path, including the lease buyout option.
Tip: if you drive more than about 20,000 km a year or keep cars for a decade, buying almost always comes out ahead of leasing.