Own or Lease Calculator
Is it more profitable to own or lease a vehicle?
The answer to this question really comes down to what rate of return, ie. how much you could make on the money tied up in the initial car purchase and how much your car will depreciate.
For businesses the decision to own or lease vehicles often comes down to cash flow.
Note: The results of these calculations are specific to the New Zealand taxation system.
NOTE: Generally Lease Agreements include maintenance costs and lease companies can buy cars at a discounted price.