Compare lease and purchase cash costs over a selected period. Enter your own quote, financing, resale value, fees, and ownership costs; the result depends on those assumptions.
The buy estimate includes down payment, loan payments during the comparison period, fees and entered ownership costs; it subtracts resale value and accounts for remaining loan balance. Lease cost includes upfront amount, monthly payments, and end fees.
Use actual quotes and conservative resale assumptions. Insurance and fuel are not estimated unless included in entered costs.
Entered purchase payments, fees, costs and resale, compared with lease payments, upfront cost and end fees.
Only if you include them in the ownership-cost input.
The remaining estimated loan balance is included in the buy cost and resale value is subtracted.