Lease vs Buy Calculator
Compare cash outflow, remaining debt, and estimated vehicle value—not only monthly payments.
Verify this calculatorVerified
See what the result uses—and what it cannot know.
Sumvoro calculates deterministically from the visible inputs. It does not invent lender terms, local rules, market values, medical facts, or professional judgments.
- 1 · InputsCheck every entered value against the latest statement, quote, measurement, or official source.
- 2 · Formula
Net buy cost includes cash paid, remaining loan debt, and estimated resale value; lease cost includes payments and lease charges. - 3 · SensitivityUse Insights to run a lower and higher case. If the conclusion changes easily, collect better information or leave more margin.
- 4 · ScopeThis tool is maintained and covered by automated calculation tests. Provider timing, rounding, and omitted facts can still change a real-world result.
- Formula release
- 2026.10-r4
- Release date
- October 10, 2026
- Review status
- Verified
- Source review
- September 12, 2026
Lease vs Buy Car calculator
Use the same holding period, complete cash costs, and the value or debt remaining at the comparison date.
- Use one comparison horizon.
- Include resale value and remaining balance.
- Model mileage and disposition costs.
Optional readingLearn how this calculator works
How the lease vs buy calculator works
Compare the modeled cost of leasing and financing a vehicle over the same ownership horizon.
Net buy cost includes cash paid, remaining loan debt, and estimated resale value; lease cost includes payments and lease charges.
Read our calculation methodology and limitations.
Example
Compare a 36-month lease against buying the same vehicle and selling it after three years.
What affects the result
- Resale value is uncertain.
- Longer ownership often favors buying after the loan is repaid.
- Mileage and wear charges can materially change lease cost.
Helpful guides
Frequently asked questions
Does a lower lease payment mean leasing is cheaper?
No. Compare total cost over the same period, including upfront costs and the value retained when buying.
Is resale value guaranteed?
No. It is a user-entered estimate and can differ materially from the eventual market value.