What's my lease worth?
Your lease has a hidden number: equity. It decides whether walking away costs you money — or puts money in your pocket.
Lease equity in one line
Equity = what your car sells for today − your lease buyout price
Positive equity— used-car prices are above your contract's buyout. You can sell or transfer and come out ahead.
Negative equity— you're underwater. A lease transfer (sometimes with a small incentive to the new driver) is usually the cheapest exit — far cheaper than early termination fees.
Check yours in 30 seconds
You need two numbers: the buyout priceon your lease statement, and your car's market value (look it up on KBB, Carvana, or a local dealer offer). Our free calculator does the rest.
Check my lease equityThen what?
If transferring makes sense, list your lease here — it's free, and you deal directly with the person taking it over. No dealership markup, no listing fees. New to this? Read our lease takeover guide first.
Ready to move on from your lease?
List your vehicle — free