Lease vs Buy Calculator
Compare the true cost of leasing vs buying to make the best financial decision for your business
Lease vs Buy Calculator
Enter your details below to see a personalized comparison of leasing vs buying options.
Poor (550)Fair (650)Good (700)Excellent (750+)
$1 Buyout Lease Recommended
Lease-to-own offers ownership with manageable payments.
- Build equity while preserving capital
- Own equipment at end of term
- Predictable path to ownership
Potential Savings vs Most Expensive Option
$8,325
Purchase Outright
Upfront Cost$15,000
Monthly Maintenance$225
5-Year Total$28,500
Tax Benefit-$7,125
Net Cost$21,375
Own equipment immediately
No lease obligations
Large upfront investment
Maintenance costs vary
FMV Lease
Upfront Cost$300
Monthly Payment$300
5-Year Total$18,000
Tax Benefit-$4,500
Net Cost$13,500
Lowest monthly payment
Upgrade flexibility
Maintenance included
Don't own equipment
RECOMMENDED
$1 Buyout Lease
Upfront Cost$290
Monthly Payment$290
5-Year Total$17,400
Tax Benefit-$4,350
Net Cost$13,050
Own at end for $1
Build equity over time
Maintenance included
Higher monthly payment
Important Disclaimer
This calculator provides estimates based on typical industry rates and should be used for comparison purposes only. Actual costs may vary based on your specific credit profile, dealer pricing, lease terms, equipment specifications, and tax situation. Consult with your accountant regarding tax implications and get detailed quotes from multiple dealers before making a final decision.