## Should I Purchase or Lease?

**Purchase**

%

**Lease**

**Purchase**

**Lease**

Explanation

We calculated the Average Cost per Year, for purchase, as the sum of depreciation,
interest and sales taxes, divided by the number of years you expect to keep the
car. For a leased car, we calculated the Average Cost per Year as the sum of your
down payment and total lease payments, divided by the life of the lease.

We estimated your total depreciation based on your car's purchase price and the
number of years you intend to own it.