EV Lease vs Buy vs Finance Calculator

Compare leasing an EV with financing it and keeping or selling it at the end of the term.

Lease or buy?

Leasing usually has lower monthly payments and no resale risk, but you own nothing at the end and may face mileage limits. Buying with finance costs more per month but you keep the car and its resale value.

This calculator compares the net cost over the same term: finance payments and deposit minus the car’s end value, against lease payments plus the initial fee. It ignores mileage penalties and fees.

Frequently asked questions

Are EV lease prices lower than petrol?
It depends on the maker and the residual value they assume. Always compare the total cost, not just the monthly payment.

Results are estimates based on the values you enter and are not financial advice. Disclaimer

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