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Lease vs. Buy

True all-in cost comparison over any time horizon.

Time Horizon

7 years

1 yr30 yrs

Buying

$
%
%
$
$
$
$
%

Renting

$
%
$

Return on down payment if invested instead

Verdict

Buying wins over 7 years

Net advantage: $4,477

Buy Summary

Total payments$384,055
Net sale proceeds$229,151
Net cost$154,904

Rent Summary

Total rent$222,079
Investment gain$62,698
Net cost$159,381

Simplified model. For a personalized analysis contact Gharib at 615.719.4242.