OhMyCalc

Car Lease vs Buy Calculator

Compare total costs of leasing versus buying a vehicle.

How to Use the Car Lease vs Buy Calculator

  1. Enter the required values.
  2. Click Calculate to see the results.
  3. Review the output values.
  4. Adjust inputs as needed.

快速参考

3-year leaseLower monthly, no equity
5-year loanHigher monthly, own car
Typical lease36 months
Typical loan48–72 months
Good rate3–5% APR
Residual value40–60% after 3 years

使用场景

公式

Monthly = P×r/(1-(1+r)^-n). Total buy = Down + Payments. Net = Total − Residual.

常见问题

How to use?
Enter the data and click the calculate button.
Calculation accuracy?
Calculations are performed with high precision.
Is it free?
Yes, all calculators are completely free.