Buy or Lease?
Calculate the true Total Cost of Ownership (TCO) for a car in Denmark.
Valgte parametre:
Medium / Family - Electric (EV)
Basic Assumptions
Buying
Leasing
It is cheapest to LEASE
Over 36 months you save approx. 39.513 kr. total cost.
Detailed Comparison
Methodology & Calculation Logic
This tool compares the Total Cost of Ownership (TCO) for both options. TCO represents the true economic cost, not just the monthly cash flow.
TCO = Depreciation + Financing Costs (Interest) + One-time Costs (Fees) + Running Costs (Tax, Insurance, Service) + Opportunity Cost.
How Buying is Calculated
For buying, the largest cost is usually depreciation (value loss). We calculate the estimated resale value based on the depreciation percentages you set. We also calculate the loan interest paid over the period and the 'Opportunity Cost' (the return you lost by tying up cash in the down payment instead of investing it).
How Leasing is Calculated
For leasing, the cost is the sum of the down payment and all monthly lease fees. We also include opportunity cost on the leasing down payment. Note that service/maintenance is often included in the lease price, which you can adjust in the settings.
The Breakeven Point
The breakeven point on the graph shows when buying becomes cheaper than leasing. Buying often has high upfront costs (high depreciation in year 1), but becomes cheaper over time as depreciation slows down, whereas leasing costs remain constant.
Breakeven Analysis (Cumulative TCO)
This chart shows the Total Cost accumulated over time. The dot marks the breakeven point.