Car Lease vs. Buy
Enter buy and lease details to compute the net cost of each option.
Better financially
Buy
by SAR 32,872
- Net buy cost
- SAR 72,728
- Total lease
- SAR 105,600
- Buy monthly
- SAR 2,349
How it works
We total the buy installments and subtract the resale value, then compare to total lease payments over the same horizon.
Formula
Buy net = down + monthly × months − residual ⟷ Lease = monthly × months
Worked example
Buy SAR 120k, 20k down, 6%, 4y, residual 60k vs SAR 2,200/mo lease.
FAQ
- When is leasing better?
- When you swap cars often and don't want ownership.
- Maintenance covered?
- Some lease contracts include it; ownership does not.
- Mileage limits?
- Leases may cap mileage — check the contract.