# Vehicle Lease Versus Buy Calculator — Ireland

> Compare equal ownership periods while accounting for the outstanding purchase loan and the lease distance allowance. EUR planning view; stated limitations apply.

Page: https://askcalculators.com/ie/lease-vs-buy/
Definition: https://askcalculators.com/ie/lease-vs-buy/definition.json
JSON Schema: https://askcalculators.com/ie/lease-vs-buy/schema.json
Version: 20.16.0
Maintained by: AskCalculators (software project; not a credentialed reviewer)
Qualified review: pending. Automated checks do not establish professional approval.
Page status: Live
Review status: Pending

## Use
Open the calculator page and enter values. Query-string parameters can restore and bookmark a calculation.
Example: https://askcalculators.com/ie/lease-vs-buy/?unitSystem=metric&months=36&buyPrice=30000&buyDownPayment=5000&loanRate=6&loanMonths=60&resale=20000&leaseUpfront=2000&leaseMonthly=400&leaseEndFees=500&distance=45000&leaseAllowance=36000&excessRate=0.15

## Inputs
- unitSystem: Measurement system; type=select; optional; default=metric; values=imperial|metric
- months: Comparison horizon, months; type=number; required; default=36; min=1; max=1200
- buyPrice: Purchase price including purchase taxes/fees; type=money; required; default=30000; min=0; max=1000000000000
- buyDownPayment: Purchase down payment; type=money; required; default=5000; min=0; max=1000000000000
- loanRate: Purchase loan annual nominal rate; type=percent; required; default=6; min=0; max=100
- loanMonths: Purchase loan term, months; type=number; required; default=60; min=1; max=1200
- resale: Expected sale proceeds at comparison horizon; type=money; required; default=20000; min=0; max=1000000000000
- leaseUpfront: Nonrefundable lease cash at signing; type=money; required; default=2000; min=0; max=1000000000000
- leaseMonthly: Monthly lease payment including stated taxes; type=money; required; default=400; min=0; max=1000000000000
- leaseEndFees: Expected lease-end/disposition/condition fees; type=money; required; default=500; min=0; max=1000000000000
- distance: Total distance driven during comparison; type=number; required; default=45000; min=0; max=1000000000000
- leaseAllowance: Total permitted lease distance during comparison; type=number; required; default=36000; min=0; max=1000000000000
- excessRate: Lease excess-distance charge per distance unit; type=money; required; default=0.15; min=0; max=1000000000000

## Outputs
- loanPayment: Purchase loan monthly payment; format=currency
- remainingLoan: Purchase loan balance at horizon; format=currency
- buyCost: Purchase cash paid plus loan balance minus sale proceeds; format=currency
- leaseCost: Entered lease cash and excess-distance cost; format=currency
- leaseMinusBuy: Lease cost minus purchase cost; format=currency; primary

## Formula
purchase cost at exit = down payment + loan payments made + remaining loan − sale proceeds.

Inputs are converted to canonical units before evaluating this stated formula.

## Rules
- Empty optional inputs are undefined, not zero.
- Hidden conditional inputs are ignored.
- Do not invent missing required inputs.

Notice: Illustrative defaults are not local quotes or verified legal rules. Dated reference components and user-entered assumptions are explicitly distinguished. Professional review is pending.