Lease vs. buy
What costs you less over the same term?
Your comparison
Which car are you comparing?
Make and model help us find offers matching your contract figures.
Purchase offer
- List price (gross)
- 48.000 €
- Discount
- 12,5 %
- Down payment
- 5.000 €
- APR
- 4,99 %
- Loan fees
- 0 €
- Final payment
- 0 €
Estimated loan payment: 851,92 €We compare financing with paying upfront and use the lower-cost way to buy.
Lease offer
- Transfer & additional cost
- 0 €
- Expected excess distance
- 0 km
- Price per excess unit
- 0 € / km
These assumptions can tip the balance.
Depreciation and investment return can reverse the result. Try different values.
Depreciation
- Year 1
- 25 %
- Year 2
- 15 %
- Year 3
- 12 %
- Following years
- 7 %
- Depreciation basis
- List price (gross)
Adjust annual depreciation
Profile estimate after 48 months: 25.043 €. Or enter your own resale value.
Investment return
What could available money earn after tax and inflation? At 0%, there is no foregone investment return.
Not your figures yet
The monthly payment alone does not show which option costs less.
Enter the purchase price, lease payment and term. Add borrowing costs or potential investment returns to match your situation.
Costs used in this comparison
Questions and background
Is leasing or buying worth it?
That depends on the offer, term, depreciation, running costs and how you would finance the car. If you can pay cash, what that tied-up money could otherwise earn matters too.
What is the leasing factor?
The leasing factor divides the monthly payment by the gross list price. The total-cost factor also includes upfront and transfer costs.
How are opportunity costs calculated?
The model applies your selected return to capital that is not tied up in the car. You can change this assumption at any time.
Is the calculator really free?
Yes. The calculators are free to use. Partner links are labelled and do not affect the calculation.