Car Lease vs. Long-Term Rental Comparison Calculator
Compare the total cost of an operating lease and a long-term rental over the full contract term
If you'd rather lease or long-term rent a new car than buy one, it's rarely obvious which option actually costs less. Enter your monthly payment, annual vehicle tax, and insurance, and this calculator adds up the total cost of each option across the entire contract term and shows you the difference side by side. Everything is calculated in your browser, so the amounts you enter are never sent to a server.
도구를 불러오는 중…
🔒 Everything runs 100% in your browser. Your files and input are never uploaded to any server.
How to use
- Enter the vehicle price and the contract length in months.
- Under the operating lease section, enter the monthly lease payment, annual vehicle tax, and annual insurance premium.
- Under the long-term rental section, enter the monthly rental payment, which already includes tax and insurance.
- The total cost gap and the cheaper option appear instantly at the top.
FAQ
- How is the total cost of each option calculated?
- For a lease, it's the monthly lease payment times the term, plus the vehicle tax and insurance for the length of the contract. For a long-term rental, it's simply the all-inclusive monthly payment times the term, since tax and insurance are already bundled in.
- Does it explain the license plate difference?
- Yes. The tool notes that long-term rental cars in Korea carry special plates (ha, heo, ho), while operating lease vehicles use standard plates.
- Are the amounts I enter saved or transmitted?
- No. Everything is calculated inside your browser and nothing is stored or sent to a server.