Car Lease Buyout Calculator
Is buying out your lease a good deal?
Enter your values
ⓘ Live results
Results
- Equity if you buy out
- $1,700.00
- Verdict
- Buying out is cheaper than the market
- Total buyout cost
- $23,800.00
- Monthly payment if financed
- $579.91
- Total paid with financing
- $27,835.73
Quick answer
A lease buyout is worth it when the market value of the car exceeds the residual plus fees — that difference is instant equity.
Equity = market value − (residual + fees)
How to use the Car Lease Buyout Calculator
- 1Find the residual buyout figure in your lease contract.
- 2Check the car's private-party value on a valuation site.
- 3Add taxes and the purchase fee your lender charges.
Worked example
Using the values the calculator loads with:
Inputs
- Residual (buyout) price22000 $
- Current market value25500 $
- Purchase fee and taxes1800 $
- Financing APR7.9 %
- Financing term48 months
Results
- Equity if you buy out$1,700.00
- VerdictBuying out is cheaper than the market
- Total buyout cost$23,800.00
- Monthly payment if financed$579.91
- Total paid with financing$27,835.73
Frequently asked questions
Can I negotiate a lease buyout?
The contract residual is usually fixed, but taxes, fees and the financing rate are all negotiable — and a third-party lender is often cheaper than the leasing company.
What if the car is worth less?
Hand it back. Walking away is exactly the protection the residual guarantee is there for.
About this calculator
- Built and reviewed by James Whitfield · How we build and test calculators
- Report an error
Results are estimates for general information. For medical, legal, structural or financial decisions, confirm with a qualified professional.