Lease vs. Buy Calculator — Canada & USA | The Operator's Financial Rulebook

The Basics

Province

Sticker Price (MSRP)

Price You Negotiated

Down Payment (Cash)

If You Lease

Lease Length

Lease Rate (APR %)

What It'll Be Worth When the Lease Ends (% of MSRP)

Distance Allowed Per Year (km)

How Much You'll Actually Drive Per Year (km)

Driving more than your allowance triggers an end-of-lease penalty — the calculator includes that if it applies to you.

If You Buy (Financed)

Loan Length

Loan Rate (APR %)

To compare fairly, we look at both options over the same time span as your lease — and credit the "Buy" option with the equity/resale value the car would still be worth at that point.

⚙️ Advanced Options

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Trade-In Value

Still Owed on Trade-In

Penalty Per Extra km

Lease Start-Up Fee

End-of-Lease Return Fee

Registration Fees (Upfront)

Yearly Maintenance — Leasing

Yearly Maintenance — Owning

What Else Your Cash Could Earn (%/yr)

Used to fairly compare cash spent now vs. later — leave at 5% if unsure.

Expected Resale Value (optional)

💼 Using This Vehicle for Business?

% of Driving That's for Business

Your Business Tax Rate (%)

This is an electric vehicle (higher CCA write-off room in Canada)