Lease vs Buy Calculator

Lease vs Buy: Which is Right for You?

The decision between leasing and buying depends on your personal situation, driving habits, and financial goals. Use our calculator to compare the costs and consider these factors.

When Buying Makes Sense

• You drive more than 12,000-15,000 miles per year
• You want to build equity and own the vehicle
• You plan to keep the car for many years
• You want the freedom to modify your vehicle

When Leasing Makes Sense

• You enjoy driving a new car every few years
• You drive within the mileage limits
• You want lower monthly payments
• You use the vehicle for business (potential tax benefits)