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Spending Smarter - Car Lease or Buy Calculator

Lease or Buy Calculator

The calculator is designed to give you a comparison of various vehicle ownership options over the same eight year timeframe.

If you have difficulties using this calculator, we can help. Call or email (consumer.information@ic.gc.ca) the Office of Consumer Affairs at (613) 946-2576.

(Calculator | Tips | Definitions | Application Notes)
Calculator - Tips - Definitions - Application Notes

Purchase
Province of Residence  
Purchase Price (excluding tax) $
Freight and PDI? $
Financing Rate    %
Finance Term    months
Tax Rate    %
     
Amount To Be Financed $
Trade-in Value of Current Vehicle $
Down Payment $
Monthly Payment $
Total Interest Charges $

Compare With
Leasing Option 1 - Two Leases  
Leasing Option 2 - Lease and Buy-Out  
 
Reset Submit

Tax information provided by Canada Customs and Revenue Agency and PricewaterhouseCoopers.

  
Calculator Tips Definitions Application Notes

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Created: 2006-05-18
Updated: 2006-05-18
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