Car Cost Compare: Company Leasing vs Private Leasing vs New Private (valid for Israel only)

Fuel price: Km/year:
Private
Price: Avg Km/liter: Fuel Cost/month:

722.22

Insurances (/yr): Rishui (/yr): Service:
Total /month

1,305.56

Car devaluation (%) after 3 years Car value after 3 years

91000

Private Private Leasing Company Leasing
Balloon Loan

70,000.00

Initial Payment: Benefits lost (monthly):
Monthly payment

1,225.00

Costs 3 years
Monthly costs

2,734.72

incl fuel and rishui incl benefits lost (savings)
Cost /year

32,816.67

42,133.33

46,800.00

Notes:
  • 5 years loan for half the car price
  • Low bank interest: base payment for the loan period * 1.05
  • Car is under manufacturer warranty during the 3 years
  • After the 3 years period, a new car/lease will start a new period
  • Disclaimer:
  • This is just an aproximate calculation
  • There might be errors in the equations, and/or costs not taking into account