Lease vs. Buy Calculator
Compare leasing a vehicle against buying it with a loan over the same months, counting the resale value a lease never builds.
This is an estimate based on the numbers you have entered, not financial advice. NetWorthy never recommends a specific security and never moves money on your behalf.
$19,595.00
Total lease cost
$18,158.78
Net cost of buying
Buying
Cheaper option
$594.04
Loan payment
$21,494.36
Vehicle value at lease end
$13,267.70
Loan still owed then
Buying is priced over the same months as the lease: the loan is paid off and the vehicle sold at its depreciated value, so the equity a lease never builds is counted.