@PNWcr , the LH calculator already has tools to help someone quantify the break-even ownership duration. You can provide deal economics of a lease to get an effective monthly cost over the lease term. And there’s an option to provide the financing/purchase economics (with a corresponding sale of the vehicle after X months) to find an effective monthly cost over the ownership term.
Assuming you agree with the use of the effective monthly cost approach, then there is break-even period of ownership where the monthly costs are the same between those two approaches.
Here’s an example of it for an X3:
I believe the calculator is missing some things though. For me the glaring omissions are the opportunity cost of the equity stuck in the vehicle, and the expected cost of owning the vehicle beyond the warranty period.
As with all math exercises, this could get wildly complicated before it provides a valid comparison… so there is no easy answer we all agree on (yet).
I posted a suggestion about an example break-even calculator here:
https://forum.leasehackr.com/t/add-in-opportunity-cost-of-equity-in-the-finance-calculator-to-find-where-leasing-loan-financing/
@littleviolette , @delta737h … The OP of this thread is not a burner or alt for my account haha. I agree there seems to be an opportunity to educate users on the tool. So far, in this thread people think the break even for financing/owning to be better than a lease is somewhere between 4 years to infinity years… and “it depends”.
But at least the dialogue here is in a positive direction.