Should I lease or buy equipment?
Leasing is a popular method of acquiring new equipment for your business. Although the payments may seem attractive, it may not always be the best financial decision versus purchasing the equipment outright and financing it with a low interest loan. Use the following calculator to analyze the total financial impact of up-front fees, interest rates and residual value on the lease versus buy decision.
Common Assumptions
Sales price ($)
(0 to 999,999,999)
Down payment ($)
(0 to 999,999,999)
Sales tax rate
(0% to 75%)
Term of analysis/lease (months)
(1 to 360)
Market value of equipment at end of analysis/lease term ($)
(0 to 999,999,999)
Lease
Annual percentage rate
(0% to 75%)
Other up-front costs (do not include deposit) ($)
(0 to 999,999,999)
Buy
Annual percentage rate on loan
(0% to 40%)
Term of loan (months)
(1 to 360)
Other fees (financed with the loan) ($)
(0 to 999,999,999)
NOTE: Data tables and charts are best viewed in landscape mode on your mobile device.

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This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.