Free Canadian calculator
Lease vs Finance Calculator Canada
This comparison does not predict vehicle resale value or tax treatment.
Lease scheduled outlay—
Finance scheduled outlay—
Residual / buyout—
Finance outlay less residual—
Important note
Compare scheduled lease and finance cash outlays using your own payment, term, fees and residual assumptions.
Illustrative estimate only. Actual results can differ because of taxes, payroll frequency, lender underwriting, fees, compounding conventions and personal circumstances.
Frequently asked questions
Does this tell me which option is better?
No. It only compares the numbers you enter. Mileage limits, ownership, depreciation, fees and taxes can change the decision.
Is the residual a guaranteed resale value?
No. It is simply the value entered for comparison.