Total Cost to Ownership

Sep 26, 11:31 AM

Please remember that any automobile will deliver the same values to you whether you finance, lease, or pay cash. In this example trades are converted to their cash value as stated above and security deposits are ignored. In this example we compare leasing and financing; Initially, Monthly, and Total Cost to Ownership. If you have questions about the formulas, please contact us .

Initially: It will cost $295.74 less at time of delivery if you finance.
Monthly: It will cost $142.95 less each month if you lease. $8,577.00 total during the driving term.

Total Cost to Ownership: It will cost $26.57 less to own if you lease. That is after buying the vehicle for the residual value above.