Lease vs Buy Calculator
Lease or finance — the honest comparison.
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Your Results
Lease total (over term)$18,120.00
Buy total (over term)$41,018.30
Buy monthly payment$633.64
Car residual value$19,250
Compares cash out over the lease term only. Leasing lets you walk away after the term; buying leaves you an asset worth the residual.
Frequently Asked Questions
Is leasing cheaper than buying?
Monthly payments are usually lower, but you own nothing at the end. Over a 36-month window, leasing often costs less cash — over 5-10 years, buying almost always wins because you keep the car.
What is a good residual value?
55-60% for a 36-month lease is typical. Higher residual = lower payment. Negotiate the cap cost (price) hard — that's what drives the payment.
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