Lease vs Buy Calculator
Lease vs Buy is a fast, free finance calculator. Enter Vehicle/Asset Price, Down Payment and Finance Rate to get an instant, accurate result — complete with the formula, a step-by-step worked example, and answers to common questions, all on one page and private to your browser.
Formula
Buy PMT = (Price−Down) × r(1+r)^n/((1+r)^n−1); Lease Cost = Payment × Months
- Buy PMT = (Price−Down) × r(1+r)^n/((1+r)^n−1); Lease Cost = Payment × Months — for reference only.
Lease vs Buy Calculator
Lease vs Buy Calculator calculation.
Frequently asked questions
How is Lease vs Buy Calculator calculated?
Buy PMT = (Price−Down) × r(1+r)^n/((1+r)^n−1); Lease Cost = Payment × Months