All toolsCalculator · Free

Lease vs. Buy: Fleet Vehicle TCO

Compare the true cost of leasing vs. buying a fleet vehicle over the same term — payments, maintenance, and resale value included.

Term

Buy

Lease

Buy — net cost (4 yrs)

$42,954

$979/mo payment · minus $15,750 resale

Lease — total cost (4 yrs)

$36,080

$650/mo + $2,000 down

Verdict

Leasing saves $6,874

over 48 months, per vehicle

Simplified comparison — excludes tax treatment (Section 179/bonus depreciation can favor buying), mileage overage fees, and downtime. Run both with your accountant before signing.

Know your real cost per vehicle

PRIME tracks actual cost per mile per vehicle — payments, fuel, maintenance — so next year's lease-vs-buy decision uses real numbers.