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Car Lease vs. Buy Calculator

Compare the total cost of leasing versus buying a vehicle. Evaluate monthly payments, depreciation, and long-term ownership costs.

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Used when shopping for a new vehicle to decide which financing method fits your lifestyle and budget. It compares the short-term cash flow of leasing with the long-term equity of buying.

Total Cost of Ownership

Leasing costs include monthly payments and down payment. Buying costs include loan payments, down payment, and the estimated resale value (equity) at the end of the term.

Fun Fact: The average car loses about 60% of its value in the first five years, which is why the 'residual value' is the most important factor in a lease agreement.

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