Example: Monthly lease payment: $450 · Lease term: 36 mos · Lease fees (due at signing etc.): $2,500 · Purchase price if buying: $32,000 → Cheaper option (per month of use): Buying.
Lease: total ÷ months: $519.44
Buy: net cost ÷ months: $392.78
Lease total cost: $18,700
Frequently asked questions
How do I calculate lease vs buy? Enter your numbers above and the result updates instantly. For example: Monthly lease payment: $450 · Lease term: 36 mos · Lease fees (due at signing etc.): $2,500 · Purchase price if buying: $32,000 → Cheaper option (per month of use): Buying.
Is this Lease vs Buy Calculator free? Yes — completely free with no sign-up or paywall. It runs entirely in your browser and keeps working offline; the numbers you enter never leave your device.
How accurate is it? It uses the standard published formula for lease vs buy. Results are estimates for planning — not financial, tax, medical, engineering, or legal advice.