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Auto Lease Buyout Calculator
Settling an auto lease early can save you from ongoing payments, but the payoff amount is not always obvious. This calculator gives you a clear estimate of what it will cost to close out the lease.
Tell us about it
in $ USD$22,000.00
$
$420.00
$
18
$350.00
$
6.5%
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Estimated Buyout
$31,854.15
In plain English
The lease has a $22,000.00 residual, $420.00 a month for 18 months, plus a $350.00 purchase-option fee. At 6.5% sales tax, the early buyout comes to $31,854.15.
How we got there+
| Base buyout (pre-tax) | $29,910.00 |
| Sales tax | 6.5% |
| Final buyout | $31,854.15 |
Estimates only, not legal or financial advice. Double-check figures with a qualified professional.
How we got there
— Auto Lease Buyout CalculatorMethodology reviewed: August 17, 2026 · Source: Federal Reserve — Vehicle Leasing: Buying the Vehicle at Lease-End
Frequently asked questions
Q.What is the difference between a settlement and a buyout?▾
A settlement ends the lease early, while a buyout means you purchase the car. Both involve paying the remaining value and fees.
Q.Can I settle my lease before the term ends?▾
Yes, most leases allow early settlement. The cost includes the residual value, remaining payments, and any early termination fees.
Q.Will the leasing company charge extra fees?▾
They may charge a purchase-option fee and possibly a disposition fee. Check your contract for the exact amounts.
Q.How accurate is this estimate?▾
It is based on the numbers you enter. Your leasing company may quote a different figure, so use this as a starting point and confirm with them.
Q.Does settling early affect my credit?▾
It should not negatively affect your credit, but check with your leasing company. A normal settlement is treated as a completed lease.