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    Buy Vs Lease Car Calculator

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    LC
    This document compares the costs of leasing versus buying a vehicle. It outlines the initial costs such as down payment, monthly payments, and taxes that are considered for both leasing and buying. It also examines factors like the vehicle's depreciation, resale value, financing costs, and potential tax deductions and savings over the lease or loan term that impact the total cost of each option. By analyzing these financial factors, it determines whether leasing or buying would be the more cost-effective choice for a particular vehicle and user.

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    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd

    Buy Vs Lease Car Calculator

    Uploaded by

    LC
    89 views1 page
    This document compares the costs of leasing versus buying a vehicle. It outlines the initial costs such as down payment, monthly payments, and taxes that are considered for both leasing and buying. It also examines factors like the vehicle's depreciation, resale value, financing costs, and potential tax deductions and savings over the lease or loan term that impact the total cost of each option. By analyzing these financial factors, it determines whether leasing or buying would be the more cost-effective choice for a particular vehicle and user.

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    Buy_vs_lease_car_calculator

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    This document compares the costs of leasing versus buying a vehicle. It outlines the initial costs such as down payment, monthly payments, and taxes that are considered for both leasing and buying. It also examines factors like the vehicle's depreciation, resale value, financing costs, and potential tax deductions and savings over the lease or loan term that impact the total cost of each option. By analyzing these financial factors, it determines whether leasing or buying would be the more cost-effective choice for a particular vehicle and user.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    89 views1 page

    Buy Vs Lease Car Calculator

    Uploaded by

    LC
    This document compares the costs of leasing versus buying a vehicle. It outlines the initial costs such as down payment, monthly payments, and taxes that are considered for both leasing and buying. It also examines factors like the vehicle's depreciation, resale value, financing costs, and potential tax deductions and savings over the lease or loan term that impact the total cost of each option. By analyzing these financial factors, it determines whether leasing or buying would be the more cost-effective choice for a particular vehicle and user.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    of 1

    Buy vs.

    Lease Car Make & Model:

    LEASE BUY

    Suggested retail price Suggested retail price


    Tax, title, etc. Tax, title, etc.
    Refundable security deposit
    First month's payment
    Capital cost reduction payment Down payment

    Last month payment in advance?


    Payment (if yes)
    Selling price at end of lease Resale value
    Monthly lease payment Monthly loan payment
    Lease term Term of loan
    Discount for present value Loan rate

    Future value of last payment Present value of resale

    Initial costs Initial costs


    Financing costs Financing costs
    Present value of refund
    Present value of total costs Present value of total costs

    DIFFERENCE
    Note: Positive value favors leasing.

    TAXATION

    Tax bracket
    Business use percentage
    Sales tax percentage

    TAXATION LEASE TAXATION BUY

    Title Title
    Fees Fees
    Sales tax Sales tax
    Potential financing deduction Interest deduction
    Total potential deductions Total potential deductions
    Potential tax savings Potential tax savings

    Note: Depreciation deductions may be available that could change the results of this analysis.

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