Compare estimated monthly payments and total costs over the same time period — without assuming one option is always better.
Start with the vehicle price, sales tax rate, and any incentives or trade-in details. Enter separate assumptions for buying (down payment, APR, loan term) and leasing (cap cost reduction, money factor, residual value, mileage allowance, and lease-specific fees).
The comparison uses your selected lease term as the shared time window — so you see what each option costs over the same number of months, not the full loan length. Monthly payment differences are shown for context, but a lower payment does not automatically mean the better overall choice.
Expand calculation details to review depreciation, finance charges, amount financed, and remaining loan balance at the end of the comparison period.
It depends on how long you plan to keep the vehicle, how many miles you drive, and whether building equity matters to you. This calculator helps you compare estimated costs over the same period — it does not pick a winner for you.