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🏠 Should I lease or buy my next car?

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Reviews of Should I lease or buy my next car?

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This calculator offers a clear, practical way to settle the classic lease-versus-buy debate by comparing both options over a realistic 9-year timeline. It does a nice job of factoring in the long-term costs of ownership, like maintenance and the car's eventual resale value, to give you a bottom-line verdict. Just keep in mind that it assumes your lease payments will stay exactly the same across all three lease cycles, which might be a bit optimistic given inflation. You'll also want to remember that even leased cars need routine upkeep like oil changes and tires, so your actual leasing costs could run a little higher than the estimate.

Reviewed v26.8.0

Aug 25, 2026

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A used car is cheaper up front, but a new car depreciates slower from here on, carries a warranty, and needs fewer repairs. This calculator totals purchase, financing, maintenance, and resale value over your ownership horizon to show which really costs less.

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4 answers

Based on "Should You Buy a NEW or an OLD Car? The OUTRAGEOUS Cost of Car Ownership" by Juan Carlos LTO. Finance a New Car vs Buy an Old Car for Cash

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4 answers

Calculate how much money you can save on interest and fees by delaying your vehicle purchase and building up your savings first.

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4 answers