Lease or Buy Calculator

If you're confused by the competing offers for new cars on PCH and PCP and need help choosing which would be better for you, our 'Lease or Buy' calculator will get straight to the point.

What Does It Do?

With our calculator you can instantly compare finance offers for personal contract hire, personal contract purchase and personal hire purchase.

And if you have enough savings to buy a car, you can also compare the cost of using your savings to buy vs how much a finance deal costs.

How Does It Work?

Simply complete some basic details about your finance priorities, then choose the car you want.

We'll then calculate the finance repayments for the car.

You can choose to either use our calculations or put in your own finance quotes from dealers or brokers.

We'll then compare the monthly payments and total finance costs and work out which one is the closest match to your priorities.

What You'll Need

If you already have finance quotes for PCH or PCP then you'll probably already have details of the initial payment and the monthly payment, plus any arrangement fee and guaranteed future value (if appropriate).

You just need to enter the quote details into our calculator.

If you haven't already got finance quotes then we can provide illustrative numbers for you - just follow the prompts on screen to choose a vehicle and finance term and we'll produce a quote instantly.

What You'll Get

If it's cheaper and more cash-efficient to buy outright using your savings we'll tell you.

And if using a finance plan would be better, we'll show which of finance option is right for you.

So let's get started with some information about your finance priorities ...