Lease vs. Finance Comparison
$
$
Difference
%
Tax
$
$
$
Finance
If Finance
$
months
Total Paid
If Lease
$
months
Total Paid
Monthly Savings
Total Savings
Assumptions for interest made over period of time
%
months
Amount of payments (monthly savings)
Total in the bank with interest earned
Interest only
$
And at Risk
In Bank
No Risk
- With No Risk
- Little or No Maintenance
- Lower Payments
- Better Position Later for Equity!
- Shorter Term
- Can’t Lose Money on Resale Value!
- Win/Win Situation at the End
* Examples should always be “apples to apples” for same months, vehicle, and down payment to be a true comparison.