This form should be printed and used as a worksheet. Buy vs. Lease Automobile  Make & Model:

Lease  Buy Suggested Retail Price Tax, Title, etc. Refundable Security Deposit First Month's Payment Capital Cost Reduction Payment _________ _________ _________ _________ _________ Suggested Retail Price Tax, Title, etc. Down Payment _________ _________ _________ Last Month Payment in Advance? _________   _________ Payment (if Yes) Selling Price At End Of Lease Monthly Lease Payment Lease Term Discount for Present Value _________ _________ _________ _________ _________ Resale Value Monthly Loan Payment Term of Loan Loan Rate _________ _________ _________ _________ Future Value of Last Payment _________ Present Value of Resale _________ Initial Costs Financing Costs Present Value of Refund Present Value of Total Costs _________ _________ _________ _________ Initial Costs Financing Costs Present Value of Total Costs _________ _________ _________   Difference Positive Value Favors Lease _________ Taxation Tax Bracket Business Use Percentage Sales Tax Percentage _________ _________ _________ _________ _________ _________ Title Fees Sales Tax Potential Financing Deduction Total Potential Deductions Potential Tax Savings _________ _________ _________ _________ _________ _________ Title Fees Sales Tax Interest Deduction Total Potential Deductions Potential Tax Savings _________ _________ _________ _________ _________ _________

Note: Depreciation deductions may be available that could change the results of this analysis. Other Helpful Forms   131 East Main Street Lock Haven, PA 17745 (570) 748 - 6505 (Phone) (570) 748 - 8385 (Fax) 101 South Spring Street Bellefonte, PA 16823 (814) 353 - 0400(Phone) (814) 353 - 0500 (Fax) Click here to return to Services