Car Lease Buyout Calculator

Determine whether buying out your car lease is a good financial decision based on residual value and market price

Lease Residual Value

Current Market Value

Purchase Fee

Sales Tax Rate

Formula

Equity = Market Value - (Residual Value + Purchase Fee + Sales Tax)

Is it worth buying out a car lease?

If the market value exceeds your buyout cost (residual plus fees and tax), buying out can be a good deal.

What is residual value on a lease?

Residual value is the predetermined amount the car is expected to be worth at lease end, set when you signed the lease.

Calculate year-by-year depreciation of your vehicle based on purchase price, age, and condition.

Calculate the estimated cost of shipping a vehicle based on distance, transport type, and vehicle size.