Compare the costs of leasing versus buying a car to see which is right for you.
Monthly Payment
$580
Monthly Payment
$450
"Net Cost" is the total cash spent over the term (including down payment, monthly payments, and lease buyout).
Leasing is cheaper by $6,599, but you'll have no equity.
Buying Equity: You have $15,000 in equity after 5 years.
Leasing Equity: You have $0 in equity after 3 years if you don't buy the car.