Lease vs Buy with No Down Payment
Comparing a no-money-down lease at $475/month versus a $0-down purchase loan at $580/month — see which option costs less over the full term.
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.
Wondering whether to lease or buy with no money down? Compare total out-of-pocket costs over the lease term to see which deal works in your favor.
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.