Lease vs Buy a 2026 Toyota Camry
Here is what a 36-month lease and a 60-month loan actually cost on a $29,500 Toyota Camry — monthly, in total, and after counting what the car is worth at the end.
The verdict
Leasing costs about $0 less out of pocket over the term under standard assumptions.
Monthly lease payment
$0
Monthly loan payment
$0
Residual value (36 mo)
55%
Money factor
0.0011
Vehicle Specifications & Assumptions
- MSRP: $29,500
- Residual Value: 55% (approx. $16,225 after 3 years)
- Money Factor: 0.0011 (approx. 2.6% APR equivalent)
The numbers above assume $0 down, excellent credit, 12,000 miles/year, and an average 7% sales tax rate.
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Frequently asked questions
How much does it cost to lease a 2026 Toyota Camry per month?
Assuming $0 down and 7% tax, a 36-month lease on a 2026 Toyota Camry at MSRP ($29,500) costs roughly $0 per month. The residual value is estimated at 55%.
How much does it cost to finance a 2026 Toyota Camry?
A 60-month loan at 6.5% APR on the full $29,500 price plus tax works out to roughly $0 per month.
Is it better to lease or buy a 2026 Toyota Camry?
Over 36 months, leasing comes out about $0 ahead financially based on average depreciation and financing rates.