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Total lease = monthly × term. Net cost to buy = price − resale value. This is a cash comparison, before tax relief.
How to use it
Enter the outright price, the monthly lease and its term, and what you think the asset would be worth if you bought it and sold it at the end. The calculator totals the lease payments and compares them with the net cost of buying (price minus resale value).
This is a straight cash comparison. Leasing usually costs more overall but spreads the outlay and keeps cash free; buying is cheaper if you'll keep the asset and it holds value. Tax relief and any interest on borrowing to buy would refine the picture.
Everything runs in your browser — nothing you type is sent or stored. Results are illustrative, not a quote or a credit decision.
Frequently asked questions
Does this account for tax?
No — it's a pre-tax cash comparison. Lease payments and capital allowances on a purchase are both usually deductible, which can narrow the gap. Check the specifics with your accountant for your situation.
What resale value should I use?
A realistic second-hand value at the end of the term. For fast-depreciating kit that may be near zero; for vehicles or machinery it can be significant and swings the answer towards buying.
Is this a quote?
No — it's a free illustration. Your actual Credicorp offer depends on an assessment of your company.
Related reading
Funding for UK limited companies
Credicorp lends to your company, not to you personally — short-term working capital with no personal guarantee. See what your business could access.