Lease vs. Buy Calculator | Equipment Leasing NPV Solver
Evaluate equipment leasing vs. purchasing options with this lease calculator. Calculate lease payments, loan amortization, corporate tax shields, and Net Present Value (NPV)...
Optimal Purchase Strategy
BUY ASSET
NPV Outflow Savings: $2,626
Monthly Lease Pmt$1,324
Lease NPV (Cost)$40,108
Monthly Loan Pmt$1,389
Buy NPV (Cost)$37,482
Equipment Lease Details
Purchase Loan Parameters
Corporate tax & Depreciation Specs
Discounted Outflows Comparison
Projections & Actions
NPV Decision analysisLeasing the asset has a Net Present Value cost of $40,108. Purchasing the asset via bank loan has a Net Present Value cost of $37,482.
The optimal strategy is to BUY, saving you $2,626 in present value cash.
The optimal strategy is to BUY, saving you $2,626 in present value cash.
Monthly Net Advantage Ledger
| Month | Lease Flow | Lease Discounted | Buy Flow | Buy Discounted | Net Lease Advantage |
|---|---|---|---|---|---|
| Month 0 | -$2,441 | -$2,441 | -$5,600 | -$5,600 | $3,159 |
| Month 1 | -$1,046 | -$1,039 | -$1,159 | -$1,152 | $114 |
| Month 2 | -$1,046 | -$1,032 | -$1,161 | -$1,145 | $115 |
| Month 3 | -$1,046 | -$1,025 | -$1,162 | -$1,139 | $116 |
| Month 4 | -$1,046 | -$1,018 | -$1,164 | -$1,133 | $118 |
| Month 5 | -$1,046 | -$1,012 | -$1,165 | -$1,127 | $119 |
| Month 6 | -$1,046 | -$1,005 | -$1,166 | -$1,121 | $121 |
| Month 7 | -$1,046 | -$998 | -$1,168 | -$1,115 | $122 |
| Month 8 | -$1,046 | -$992 | -$1,169 | -$1,109 | $123 |
| Month 9 | -$1,046 | -$985 | -$1,171 | -$1,103 | $125 |
| Month 10 | -$1,046 | -$979 | -$1,172 | -$1,097 | $126 |
| Month 11 | -$1,046 | -$972 | -$1,174 | -$1,091 | $128 |
| Month 12 | -$1,046 | -$966 | -$1,175 | -$1,085 | $129 |
| Month 13 | -$1,046 | -$959 | -$1,176 | -$1,079 | $131 |
| Month 14 | -$1,046 | -$953 | -$1,178 | -$1,073 | $132 |
| Month 15 | -$1,046 | -$947 | -$1,179 | -$1,068 | $134 |
| Month 16 | -$1,046 | -$940 | -$1,181 | -$1,062 | $135 |
| Month 17 | -$1,046 | -$934 | -$1,182 | -$1,056 | $137 |
| Month 18 | -$1,046 | -$928 | -$1,184 | -$1,050 | $138 |
| Month 19 | -$1,046 | -$922 | -$1,185 | -$1,045 | $140 |
| Month 20 | -$1,046 | -$916 | -$1,187 | -$1,039 | $141 |
| Month 21 | -$1,046 | -$910 | -$1,189 | -$1,034 | $143 |
| Month 22 | -$1,046 | -$904 | -$1,190 | -$1,028 | $144 |
| Month 23 | -$1,046 | -$898 | -$1,192 | -$1,023 | $146 |
| Month 24 | -$1,046 | -$892 | -$1,193 | -$1,017 | $147 |
| Month 25 | -$1,046 | -$886 | -$1,195 | -$1,012 | $149 |
| Month 26 | -$1,046 | -$880 | -$1,196 | -$1,007 | $151 |
| Month 27 | -$1,046 | -$874 | -$1,198 | -$1,001 | $152 |
| Month 28 | -$1,046 | -$868 | -$1,200 | -$996 | $154 |
| Month 29 | -$1,046 | -$863 | -$1,201 | -$991 | $155 |
| Month 30 | -$1,046 | -$857 | -$1,203 | -$985 | $157 |
| Month 31 | -$1,046 | -$851 | -$1,204 | -$980 | $159 |
| Month 32 | -$1,046 | -$846 | -$1,206 | -$975 | $160 |
| Month 33 | -$1,046 | -$840 | -$1,208 | -$970 | $162 |
| Month 34 | -$1,046 | -$834 | -$1,209 | -$965 | $164 |
| Month 35 | -$1,046 | -$829 | -$1,211 | -$960 | $165 |
| Month 36 | -$6,500 | -$5,117 | $6,287 | $4,950 | -$12,787 |