Auto Loan vs. Lease Cost Calculator

Common Vehicle & Cost Inputs

Vehicle Price / MSRP ($): Negotiated price for buying, or MSRP for lease reference.

Sales Tax Rate (%): Applied to vehicle price for loan, and to payments/upfronts for lease.

Estimated Annual Car Insurance Cost ($): Leases may require higher coverage.

Estimated Annual Maintenance & Repair Cost ($): Typically higher for owned vehicles over longer periods.

Down Payment ($):

Loan Term (Years):

Annual Interest Rate (APR %):

Expected Ownership Duration (Years): How long you plan to keep the car if you buy it.

Estimated Resale Value ($) at end of ownership:

Lease Term (Years):

Monthly Lease Payment ($):

Money Due at Signing ($): Includes down payment (cap cost reduction), first month, fees, etc.

Annual Mileage Allowance (miles):

Cost per Mile Over Allowance ($):

Your Estimated Annual Miles Driven:

Disposition Fee at Lease End ($) (if applicable):

Calculations will appear here.

Calculations will appear here.

Comparison summary will appear here.