Canada’s Office of Consumer Affairs - Spending Smarter

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

Tips on leasing or buying a new vehicle.
What the calculator can do for you?
How to use the calculator?

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)

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

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

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Spending Smarter - Car Lease or Buy Calculator

Purchase

Compare With