Lease Buyout Calculator
Calculate the total cost to buyout your car lease early, including residual value, remaining payments, taxes, and fees.
Published by:
isCalculator Editorial Team
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How to use this tool?
How to Use the Lease Buyout Calculator
- Enter the Residual Value – The car’s estimated value at lease end (e.g., $20,000).
- Enter Remaining Payments – The total of all future monthly payments you still owe (e.g., $5,000).
- Enter Sales Tax Rate – Your local tax percentage (e.g., 8 for 8%). Must be between 0 and 100.
- Enter Buyout Fees – Any additional fees, like a purchase option fee (e.g., $500).
- Click “Calculate Total Buyout” – The calculator will show the total cost and a breakdown:
- Residual Value
- Remaining Payments
- Tax on Residual (calculated as Residual × Tax Rate)
- Buyout Fees
Note: All monetary values must be in dollars (no commas). Tax rate is a percentage (0–100). Press Enter in any field to calculate quickly.
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Frequently Asked Questions
A lease buyout is when you purchase the vehicle you are leasing before the lease term ends, typically by paying the residual value plus any remaining payments and fees.
The total cost is the sum of the residual value, remaining payments, sales tax on the residual, and any buyout fees.
Yes, because when you buy out the lease, you typically have to pay sales tax on the residual value based on your local tax rate.
