Buy vs Lease
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UPDATED: Jun 1, 2012
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The ageless debate over renting versus buying a home, there are passionate advocates on both sides of the buying versus leasing a vehicle argument as well. Loans.org hopes to set opinion aside and let the numbers do the work.
Our buy vs. leasing calculator is designed to either convince borrowers to take out an auto loan or steer them away from ownership. What’s the determining factor? The ultimate cost of buying versus leasing.
Potential borrowers should put in the price of their desired vehicle and the term in which they will either lease or make car loan payments on the automobile. Then by filling out the lease- and buying-specific fields, our calculator will calculate which option is in the potential borrower’s best interest.