Car Lease vs Buy Calculator India — Which is Better After Tax?
Compare total cost of company car lease vs buying with a car loan. Includes pre-tax lease benefit, EMI, depreciation, and residual value. FY 2025-26.
Car & Lease Details
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Recommendation
🔑 Car Lease is better
Saves you ₹81,749 over 3 years. Monthly tax saving on lease: ₹5,616
🔑 Car Lease
Total lease paid₹6,48,000
Tax saving (pre-tax)− ₹2,02,176
Effective lease cost₹4,45,824
Residual buyout+ ₹2,25,000
Net cost to own₹6.71 L
🏠 Buy (Loan)
Down payment₹3,00,000
Total EMI paid₹13,73,760
Interest paid₹1,73,760
Car value at end− ₹9,21,187
Net cost to own₹7.53 L