Lease vs Loan Calculator
Whether leasing or financing a vehicle comes out ahead in terms of total cost of ownership depends on numerous variables, such as the monthly lease rate, the loan APR rate, duration of ownership, incentives which may be lease-exclusive, among several others. Our calculator below allows you to explore different lease vs loan scenarios assuming 3 or 6 years of ownership. You can also quick-fill the data with the figures from our lease tracker, as well as the promotional APR rates offered for each Lucid and Rivian model and trim, current as of June 10, 2026. Sales tax can be estimated if desired. Please note that this is not a precise quote generator and should be used to only estimate total cost of ownership between leasing versus financing a vehicle.
For advice on how to secure the best deals including when to lease vs finance, check out our leasing guides.
Lease vs. Finance
Calculator
Find out whether leasing or financing costs less over 3 or 6 years.
Which vehicle are you looking at?
Which trim?
What's your configured price?
Which incentives apply?
Sales tax
Simulate against which loan?
How long do you plan to keep a car?
Lease assumes $0 down, acquisition fee excluded. Lucid Lease Credit applies to leases only. Lucid Loan Credit ($10,000 Gravity, $2,500 Air Pure/Touring, $5,000 Air GT) applies to financed purchases only.
Promotional APR rates require OEM financing, may not be available on all trims, and some terms may require a minimum down payment. Residual estimates are speculative. This is an analytical tool, not financial advice.