Joyrides estimator
Lease vs
buy?
Side-by-side estimate for any current BMW. New or pre-owned. Plug in your numbers, see both monthlies, see total cost of ownership.
NOT REAL OR BINDING QUOTES
What can I afford?
Type a monthly payment you're comfortable with. Uses your credit tier, down payment and loan term from the left.
Target monthly
$
Buys you up to
$38,931
out the door (est.)
1 BMW in reach — tap to model it
Estimate at 5.49% APR over 60 mo, $5,000 down. NOT a binding quote.
Estimating
M340i · New
LEASE · 36 mo
$727/ mo
Due at signing
$6,727
Total over 36 mo
$32,187
- · Money factor: 0.00130 (≈ 3.12% APR equivalent)
- · Residual: $34,884.1 (58%)
- · Mileage allowance: 12,000/yr · overage ≈ $0.25/mi
BUY · 60 mo
$1,133/ mo
Due at signing
$5,500
Total over 60 mo
$73,509
- · APR: 5.49% (estimated for your credit tier)
- · Sales tax: 7% (FL state + Tampa Bay county avg)
- · You own the car at month 60.
5-year cost-of-ownership comparison
Lease + new lease at end
$56,373
Buy + keep (sell at 5 yrs)
$46,443
Diff (buy is cheaper by)
$9,930
Sean's rule of thumb: if you put more than 12k mi/yr or modify your cars, finance. If you keep your cars ~3 years and want lower payment + warranty coverage, lease. The above is one scenario — change inputs to test yours.
NOT REAL OR BINDING QUOTES