Calculator

Lease vs Finance

Compare monthly cost, total cost, and ownership outcome of leasing versus financing the same equipment.

Equipment price

Down payment

Applied to the finance option; leases are typically low- or no-down.

Term (months)

Estimated rate

Example rate, editable — your real rate depends on your business and credit. (example, editable — TODO: confirm default)

Lease residual20%

FMV residual for the lease comparison

$2,205

$2,170

Finance / moLease / mo

Leasing is $35/mo lower — but financing ends in ownership.

$147,312

Finance total cost

$154,200

Lease total cost

$24,000

Lease buyout (FMV)

Which fits you? Leasing usually means a lower monthly cost and an easy path to upgrade — a good fit if you cycle equipment often or want to protect cash flow. Financing costs a bit more month to month but you own the equipment outright at the end, which suits keeping it for the long haul.

See your results

Enter your phone or email and we’ll show you what we found.

No spam — a BCEF advisor may follow up about your financing.

Estimates only. Not an offer of credit. Your actual rate and payment depend on your business and credit profile.

Get my real rate → Get Approved

Keep going

Next step

Ready to get your business in gear?

Get approved today — it starts with a quick conversation.

Get Approved (604) 501-2233

Lease vs Finance

Related calculators

Finance Payment

Lease Payment

Affordability

Ready to get your business in gear?