Lease VS. Buy Car Calculator is used to calculate which is the cheaper option, to lease a car, or to own a car. The lease vs. buy calculator is useful for people who are in the market for a car.
| Car Lease | |
|---|---|
| Total Lease Cost | $17,500.00 |
| Buy Car | |
|---|---|
| Loan Amount | $27,000.00 |
| Monthly Payment | $515.73 |
| Total Interest Paid | $3,943.88 |
| Total Buy Cost (incl. Down, Fees) | $36,643.88 |
| Estimated Resale Value | $14,000.00 |
| Net Buy Cost | $22,643.88 |
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