LeanPl8Luxury
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Lease vs Buy Calculator

Should you lease or buy your next luxury car? Compare payments, total costs, and equity side-by-side.

Vehicle Details

$150,000
36 months
10,000/yr
750

Lease

Monthly Payment$2,456/mo
Down Payment$15,000
Total Cost (36mo)$103,425
Equity at End$0

Pros

Lower monthly payments
Drive new car every 2-3 years
No depreciation risk
Tax advantages for business

Cons

Mileage limits
No ownership equity
Customization restrictions
Early termination fees

Buy

Monthly Payment$2,237/mo
Down Payment$30,000
Total Cost (60mo)$164,230
Estimated Equity$82,500

Pros

Build equity in the vehicle
No mileage limits
Customize freely
Sell anytime

Cons

Higher monthly payments
Depreciation risk
Longer commitment
Maintenance costs after warranty

Our Recommendation

Buying builds more value

Despite higher payments, you'll own $82,500 in equity. Best if you plan to keep the car 5+ years and drive over 10,000 miles/year.