Finance
Lease vs Buy a Car
Lease payment vs loan payment plus residual gives lease vs buy answer.
Lease total cost
—
- Buy monthly
- —
- Buy total (lease term)
- —
- Lease vs Buy diff
- —
FAQ
When does leasing win? +
If you want a new car every 3 years, drive under 12k mi/yr, and want lower payments, leasing wins on cash flow.
When does buying win? +
If you keep cars 7+ years, buying almost always wins long term.