Lease vs Buy Calculator
Compare the true cost of buying, financing (HP/PCP) or leasing a van.
Vehicle & Purchase
HP & PCP
Lease Terms
No asset at end — TCO is pure cost.
Buy Outright
£21000
Total cost over 4 yrs
-/mo
Price minus residual (£9000)
HP Finance
£25239
Total cost over 4 yrs
£609/mo
£609/mo × 48 months
PCP
£23502
Total cost over 4 yrs
£406/mo
£406/mo + £8,000 balloon
Best Value
Lease
£18900
Total cost over 4 yrs
£350/mo
No asset at end of term
💡 Buying outright becomes cheaper than leasing after year 1.