Car Lease vs Buy Calculator Canada
Compare the estimated cost of leasing versus financing a car in Canada. Adjust the vehicle price, down payment, trade-in, lease terms, loan rate, province and fees to see which option costs less.
Lease vs Buy Comparison
Monthly payment, taxes & total cost
Comparison Details
Use the same vehicle, down payment and trade-in assumptions for a fair comparison.
Lease Assumptions
LeaseBuy / Finance Assumptions
FinancePlanning estimate only. Actual dealer taxes, trade-in tax treatment, lease charges, financing approval, residuals and contract fees can differ.
Lease vs Buy Summary
Lease
Estimated monthly payment
Buy / Finance
Estimated monthly loan payment
Estimated Lower-Cost Option
Total Cost Comparison
Estimated total cost over each selected term
Lease Total + Buy Total =
Cost Scoreboard
Lease vs Buy Cost Curve
Cumulative estimated outlay over the selected comparison period
Selected Year
Lease
Buy
Difference
vs
About Our Car Lease vs Buy Calculator
This Canadian car lease vs buy calculator compares two common financing methods: leasing over a fixed term versus buying with an auto loan.
Evaluate payments, tax differences, finance charges and overall cost to choose the best vehicle financing path for your needs.
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Frequently Asked Questions
Common questions about leasing versus buying a vehicle in Canada.