Make the right choice for your wheels. Compare the costs of buying vs. leasing a vehicle to decide what suits your budget and lifestyle.
Monthly Payment for Purchase
Total Cost for Purchase
Total Cost for Lease
Lower Total Cost
Cost Difference
Disclaimer: This calculator is meant for educational purposes only and is not associated with any specific product or brand. The accuracy of this calculator and its applicability to your situation cannot be guaranteed by Reseda Group. The calculations are based on the information you provide, and the results are only estimates that may not reflect your actual experience. Rates and terms of financial products may vary depending on the financial institution, your personal background, and other factors. It is advisable to consult qualified professionals for advice before making any personal finance decisions.
Was this helpful?
Browse Related
BLOG | LIFESTYLE & TRAVEL
2 min read | March 3, 2018
Leaving the dealership with a new car can be one of the best feelings in the world. With a lease, you can have a new car roughly every two years; but, what if you need to get out of your lease early?
Learn More
QUIZ | CREDIT
Explore the difference between buying and leasing a vehicle and put your knowledge to the test with our latest quiz.
Learn More
BLOG | LIFESTYLE & TRAVEL
2 min read | February 7, 2021
Getting a new car can be fun, but the process of finding the right one and deciding between loan options can feel overwhelming. By taking some easy steps up front, you can make the rest of the experience run smoothly.
Learn More
Browse by Category
Produced by Michigan State University Federal Credit Union. MSU Federal Credit Union and related trademarks and logos are trademarks of MSU Federal Credit Union. Federally insured by the NCUA. Equal Housing Lender.
If you are using a screen-reader or other auxiliary aid and are having problems using this website, please call 800-678-4968 for assistance. All products and services available on this website are available at MSUFCU full-service locations.
Copyright © 2024 Reseda Group LLC, used under license.