Vehicle Information Vehicle purchase price? $ Sales tax rate? % Loan term (months)? Purchase Option Down payment amount? $ Cash rebate or cash back? $ Interest rate? % Lease Option Acquisition fee? $ Capitalized cost reduction? $ Residual value? % Money factor? % Printer-friendly version Purchase Option Up Front Costs Monthly Payment Lease Option Up Front Costs Monthly Payment Chart Table Monthly Payment Comparison Purchase Option Lease Option Monthly Payment Submit Does it make better sense to buy or lease a new vehicle? That depends on some factors, such as the residual value of the car you intend to purchase, the amount of money you pay up front as a capitalized cost reduction and the cost of financing. A lease will usually be a more attractive option when compared to a vehicle purchase when measured over a comparable term. Keep in mind that with a lease, you will have to return the vehicle at the end of the lease term, whereas if you buy, you will own the vehicle and will be able to continue driving it after the term expires.