Find out which option saves your business more money — after tax — for equipment and vehicles.
AssetPurchaseLeaseResults
Step 1 of 4
Tell us about the asset
We'll handle the CCA tax classification automatically.
Combined federal and provincial small-business rate for an incorporated business. A sole proprietor or partnership deducts CCA, interest, and lease payments at their personal marginal rate, which is usually higher — enter that rate below if you are not incorporated. The same rate is applied to both options.
Tax rate being used12.2%
%
Tab away to auto-detect CCA class
Detected Tax Class
Override if needed
$
$
CRA 2026 limit: $39,000. Vehicles above this are Class 10.1 — only this amount is depreciable.
years
The comparison assumes you sell it at the end of this period
$
Cash you get back. Selling below the remaining tax pool creates a terminal loss; selling above it creates recapture (and a capital gain above original cost). Class 10.1 has neither.
Purchase scenario
Enter your financing terms if you were to buy the asset outright.
$
%
months
Estimated monthly payment
—
Lease scenario
Enter the terms of the lease you're considering.
$
months
$
$
Class 10.1 vehicles only. CRA 2026 limit: $1,100/mo. Update if CRA rules change.