With the changing market landscape, many in the Leasehackr community are financing, rather than leasing, their next vehicle to get the lowest possible total cost of ownership, even if they do not plan on keeping the car for long.

Per our community’s requests, we have incorporated a new finance calculator into Leasehackr Calculator to help users compare their options.

Instead of building yet another auto loan calculator, we incorporated the Leasehackr approach, which accounts for rebates and the scenario of ending the loan early to tap into potential equity and to get a new ride (a common practice among seasoned Leasehackrs).

We also took care to break down the figures in an intuitive way so you know how each input affects your overall cost and how the deals compare between lease and finance. And of course, it’s shareable via links so we can help each other vet our deals.

Thank you for your support along the way to make our tools and community better!