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Lease vs. Buy

Should I lease or purchase an auto?

Leasing has become a very popular method of acquiring a new auto. Although the payments may seem attractive, it may not always be the best financial decision versus purchasing the vehicle outright and financing it with a low interest loan. Use the following calculator to help analyze the financial impact of lease versus buy.

Common Assumptions

Lease Information

Purchase Information

The information and calculators provided are intended solely as self-help tools for your personal use. They are not designed to offer investment or tax advice. We do not guarantee their accuracy or relevance to your specific situation. All examples are hypothetical and meant for illustrative purposes only. For guidance tailored to your individual financial needs, we recommend consulting with qualified professionals. Please note that these calculators may not account for certain state-specific or regulatory requirements.

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