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Lease Versus Buy Break-even miles

Last modified by
on
Jul 24, 2020, 6:28:07 PM
Created by
on
Nov 25, 2014, 7:16:12 AM
`"Miles"_"Break Even" = #gas`
`"Lease Period"`
`"Interest Rate"`
`"Estimated Miles Driven"`
`"Purchase Amount"`
`"Buyer's Insurance"`
`"Lease Insurance"`
`"Salvage"`
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eb0c0b30-7472-11e4-a9fb-bc764e2038f2

This equation computes the break-even mileage at which the cost of buying and leasing a vehicle is equivalent.

INPUTS

NOTES

Discount Factors
This equation, Lease Versus Buy Break-even miles, references 1 page
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