| Lease — monthly | $0 |
| Lease — total cost | $0 |
| Buy — monthly | $0 |
| Buy — net cost (after resale) | $0 |
Estimate only, for comparison. Leasing is cheaper monthly but you own nothing; buying costs more upfront but builds equity. Elite Edge structures both — tell us your goal and we'll find the cheapest path on the exact car you want.
Lease vs. buy: how to read this
Leasing pays only for the car's depreciation during the term plus a finance charge, so the monthly payment is lower — but at the end you own nothing. Buying costs more per month, yet you keep the car and its resale value. This calculator compares the total out-of-pocket cost of each over the same term. Whichever way you lean, Elite Edge Auto Broker negotiates the price, money factor, and residual so you pay less than the dealership's first offer.
Frequently asked questions
Is it cheaper to lease or buy a car?
Leasing is almost always cheaper month-to-month and over a short term, but you build no equity. Buying costs more upfront and monthly, yet you own an asset with resale value. This calculator shows the total cost of each so you can decide.
Can a car broker help with a lease?
Yes. Elite Edge Auto Broker negotiates the capitalized cost, money factor, and residual on a lease — the three levers most buyers never touch — so your lease payment comes in lower than the dealer quote.
Who should lease instead of buy?
Leasing fits drivers who want a lower payment, a new car every few years, and predictable maintenance, and who stay within the mileage cap. If you keep cars long-term or drive a lot of miles, buying usually wins.