This tool allows the user to determine if buying a vehicle or leasing it is the best option.
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The vehicle lease or buy tool can be purchased and downloaded in Microsoft Excel for only $6. Please follow the link below to download this tool. Following your payment, you will be redirected to the download page.
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Free Vehicle Lease or Buy Calculator
Purchase New Inputs:
Purchase Price: Price of the new car
Loan Term (Months): Length of the loan in months
Interest Rate: Interest rate for the loan
Sales Tax Rate: Your sales tax rate if any
Down Payment: Your down payment on the vehicle
Lease Term (Months): Length of the lease in months
Lease Payments: Payment per month for the lease
Security Deposit: Cost for deposit
Other Fees: Other costs for the lease