Is buying or leasing a better option? Looking at the total cost of ownership with this calculator is a great way to find out.Enter some basic information for the vehicle you’re considering like the estimated purchase price and tax, plus the terms for a loan or a lease, then you can compare the yearly costs of the loan versus lease to decide which option is better suited for you and your budget.
Note: The use of the calculator is not a guarantee for credit.
Check out our blog articles for more car buying information and resources:
- https://www.robinsfcu.org/news/cost-car-ownership
- https://www.robinsfcu.org/news/car-buying-101
- https://www.robinsfcu.org/news/how-get-car-you-want