Lease vs Buy a Luxury Car — 48 Months
Leasing a luxury car at $700/month for 48 months versus buying at $900/month — the lease has lower monthly payments but no equity at the end.
How to use this tool
- Enter the monthly lease payment and any upfront cash due at signing.
- Enter the equivalent loan payment and down payment if buying.
- Enter the expected resale value of the vehicle at the end of the term.
- A positive difference means leasing costs more; negative means buying costs more.
Luxury cars often make more financial sense to lease than buy — compare the total 4-year cost of leasing versus financing a luxury vehicle.
Frequently asked questions
- Is it cheaper to lease or buy a car?
- Buying is typically cheaper over the long run because you build equity and keep the vehicle's resale value. Leasing has lower monthly payments but you never own the car.
- What costs does the lease total include?
- This calculator adds all monthly payments plus upfront costs. It does not include insurance, maintenance, or disposition fees at lease end, which add to the true lease cost.