Deal Math
Lease vs Buy Calculator
What does the Lease vs Buy Calculator do?
Full money-factor lease math versus finance side by side, with a plain recommendation. The fastest closer is the one who can put accurate numbers in front of a customer on the spot. This tool gives you clean deal math in seconds.
Try it now
Lease vs. Buy Calculator
Full money-factor and residual math. Know the exact monthly on both paths so you can walk any customer through the numbers with confidence.
Vehicle and deal info
The sticker price or negotiated selling price
Cap cost reduction for lease, down payment for finance
Lease inputs
Most common is 36 months
Over-mileage charges apply at turn-in
Shown on lease sheet. e.g. 0.00125
% of MSRP the car is worth at lease end
Finance inputs
Loan length in months
Annual percentage rate from lender
Lease payment
$418.23/mo
36-month term
- Adjusted cap cost
- $32,000
- Residual value (55%)
- $19,250
- Depreciation fee
- $354.17/mo
- Finance fee
- $64.06/mo
- Monthly payment
- $418.23
- Total 36-month cost
- $15,056
- Equivalent APR
- 3.00%
Finance payment
$632.13/mo
60-month loan
- Principal
- $32,000
- APR
- 6.9%
- Monthly payment
- $632.13
- Total 60-month cost
- $37,928
- Equity at payoff
- You own it
Honest take
Lease saves $214/mo right now. Finance costs more monthly but builds equity and you own the car after 60 months. If you plan to keep it beyond the lease term, finance pays off. If you want a lower payment and a new car every 36 months, lease wins.
Lease payment uses the standard captive-lender formula: depreciation fee plus finance fee, computed from your adjusted cap cost, residual, and money factor. Finance payment uses standard amortization. Taxes, dealer fees, acquisition fees, and disposition charges are not included. Actual quotes from the lender may differ.
How to use it
- Enter your numbers or details in the tool above.
- Read the result instantly, no signup and nothing to install.
- Use it live with your customer to build trust and move the deal.
Common questions
What is the Lease vs Buy Calculator?
Full money-factor lease math versus finance side by side, with a plain recommendation. It is a free tool from JOEY for the individual car salesperson, and it runs right here in your browser.
Is the Lease vs Buy Calculator free?
Yes. The Lease vs Buy Calculator is free to use with no signup. JOEY also offers a full personal sales assistant if you want it to work your follow-up for you.
Who is the Lease vs Buy Calculator for?
It is built for the car salesperson who wants an edge, not for a corporate rollout. The fastest closer is the one who can put accurate numbers in front of a customer on the spot. This tool gives you clean deal math in seconds.
Related tools
- Out-The-Door Builder Build a clean, transparent out the door price the customer trusts
- Payment Calculator Turn price, rate, and term into a clean monthly number
- Lease vs Buy Lay both paths side by side and show the real difference
- APR Comparison Compare lender offers and find the cheaper money
Want JOEY to do the work for you?
These free tools are a taste. JOEY is a personal sales assistant that works your follow-up, texts, emails, and call prep so you sell more every day.