How is the cost of buying calculated?

The tool finances the price minus your deposit at the loan rate over the chosen period, adds the deposit, then subtracts the resale value you keep at the end. That net figure is the true cost of owning over the period.

What does the lease total include?

It includes every monthly lease payment over the period plus any upfront or initial rental. Nothing is recovered at the end of a lease, so there is no resale value to subtract.

Does this account for tax and insurance?

No. To keep the comparison clear it covers finance cost, deposit, resale and lease payments only. Insurance, tax, servicing and mileage penalties vary widely, so add those separately. All maths runs in your browser.

Lease vs Buy Calculator

Compare the true cost of leasing against buying with finance.

Lease vs buy calculator

Leasing looks cheaper month to month, but buying lets you recover value when you sell. This calculator puts both options on the same footing over the same period so you can see the real difference.

For buying it accounts for your deposit, the loan interest and the resale value you keep. For leasing it totals every payment plus any upfront rental. The result tells you which is cheaper and by how much — all calculated privately in your browser.