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Auto Lease vs Buy Calculator

Please fill in only the areas above the line. Your results will appear below when you click "Calculate".

LEASE

BUY

Term:	$ months
Monthly Payment:	$
Security Deposit/Leasing Fee:	$
Down Payment (Capital Reduction):	$
Rebate:	$

With a monthly payment of , and a term of months, your total lease payments will be .

Total Payments:
+ Security Deposit/Leasing Fee:
+ Down payment (Capital Reduction):
- Rebate:
	---------
Total Cost of Lease
Average Yearly Cost of Lease

With an annual percentage rate (APR) of % and a term of months, your monthly loan payment will be . Over the life of the loan you will pay in interest.

Purchase Price:
+ Sales Tax:
+ Other Up-Front Costs:
- Rebate:
+ Interest:
	---------
Total Cost of Loan
Average Yearly Cost of Loan
Should I take the Dealer's Loan? Why? you save approximately in total payments over the life of the lease.

Please note that this analysis is useful for comparison purposes but does not take into consideration other variables that could change the actual costs. Future dollar costs and savings are not discounted to a present value. This includes both the monthly payments and the credit for the value of the vehicle at the end of the loan. Since these dollar amounts are not discounted to a present value, the comparison does not reflect the time value of the dollar savings.

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National Credit Union Administration, a U.S. Government Agency

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