Free tool

Lease vs buy calculator

Compare assuming someone's remaining lease against starting a new lease. Plug in payment, term, fees, and insurance to see total cash outlay and effective monthly cost.

Marketplace disclaimer: LookyLeasy is a marketplace, not a leasing company or financial advisor. Lease-transfer approval, fees, restrictions, and liability vary by leasing company. Always confirm details directly with your leasing company before moving forward.

Lease takeover

Assume remaining payments on an existing lease.

Monthly payment ($)Months remainingTransfer fee ($)From the leasing companySeller incentive ($)Cash or fee help from sellerEst. insurance / mo ($)

New lease

Start a fresh lease at today’s rates and terms.

Monthly payment ($)Lease term (months)Due at signing ($)Down + fees + first payment, etc.Est. insurance / mo ($)

Your comparison

Takeover total

$10,922

~$607/mo effective over 18 mo

New lease total

$29,243

~$812/mo effective over 36 mo

On total cash outlay (with your insurance estimate), the takeover looks lower in this example. The takeover also ends sooner—useful if you want a shorter commitment. Always verify payments, fees, mileage, and approval with the leasing company.

How we calculate

Takeover total = (monthly × months remaining) + transfer fee − seller incentive + (insurance × months)
New lease total = (monthly × term) + due at signing + (insurance × term)

Educational only—not financial, tax, or legal advice. Quotes and transfer rules vary by lessor and deal.

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