This calculator helps vehicle shoppers compare and contrast the total cost of leasing or purchasing a vehicle, enabling them to get a rough estimate of the total costs involved before making a purchase. As you fill out the calculator results are automatically calculated.
Monthly Payments: If you are uncertain of monthly lease payments you can use our lease calculator to estimate the monthly lease payment & then come back to this calculator and enter that amount. We automatically calculate monthly vehicle payments on purchases using your downpayment, interest rate & loan term.
Residual Resale Value: You do not need to enter an estimated resale value for a leased car as your payments include depreciation in them. For a purchased vehicle you can either enter an estimated resale value or use the annual depreciation worksheet in the second tab. If you enter an estimated resale value it will be used to calculate how much the vehicle value depreciated. If you do not have an estimate of resell value then we will use the annual depreciation table, which you can adjust from the default amounts. Most people enter a final vehicle value or use the default depreciation rates, so we moved the depreciation input table into the second tab to de-clutter the page.
Auto Loan Rates: The third tab publishes current Ashburn auto loan rates to help vehicle buyers complete their calculations and find local lenders.