Compare the total cost of leasing a car against buying on finance over the same term, including estimated resale value.
"Net total cost of buying" is the deposit plus loan repayments over the term, minus the resale value you estimate for that point — it does not include running costs like insurance, maintenance, or depreciation risk, which apply to ownership but not to most leases. Resale values are inherently uncertain; treat this as a starting comparison, not a guaranteed outcome.
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Car Lease vs Buy Calculator compares the total cost of leasing a car against buying it on finance over the same term, netting off an estimated resale value for the buy option.
Lease: £1,500 initial + £300/month over 36 months. Buy: £22,000 price, £2,000 deposit, 8.9% APR, £9,000 resale. Result: shows the cheaper option and the difference over the term.
No. It covers deposit, loan repayments, and resale value only — ownership costs like insurance, servicing, and depreciation risk are not included.
Leasing avoids ownership risk and often bundles maintenance, but you never build any equity in the vehicle — the comparison here is on cash cost only.
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