Lease vs. Buy Comparison Tool

Make an informed decision with our side-by-side analysis including tax implications, total cost of ownership, and personalized recommendations.

$15,000

Recommended

Lease (FMV)

Monthly Payment$2,456
Total Payments$162,353
Tax Savings-$35,718
Net Cost$126,635

Pros: Lower payments, fully deductible (FMV/operating leases), upgrade flexibility

Cons: No ownership, mileage/usage limits

Buy (Loan)

Monthly Payment$2,955
Total Payments$192,307
Tax Savings (Sec. 179 + Bonus Depr.)-$39,008
Residual Value (10%)+$15,000
Net Cost$138,300

Pros: Ownership, Section 179 + 100% bonus depreciation (2026), equity

Cons: Higher payments, depreciation risk

Cumulative Cash Flow Over Time

0mo6mo12mo24mo36mo48mo60mo$-140k$-105k$-70k$-35k$0k
  • Lease
  • Buy

* Includes tax savings applied proportionally. Buy option includes residual value at end.

Based on your inputs, you could save

$11,664

by choosing to lease

*Estimates only. Buy-side tax savings reflect 2026 federal first-year deduction rules: Section 179 expense election (up to $2,560,000, phasing out above $4,090,000) plus 100% bonus depreciation on remaining basis (per OBBBA, July 2025). Lease deductibility assumes a true tax / FMV operating lease. Residual value assumes the asset is resold at end of term. Rates, terms, eligibility, and tax outcomes vary by entity type, jurisdiction, and asset use. Consult a tax professional.

Get Started

Need help deciding?

Our financing experts can provide personalized guidance based on your specific situation.