Leatherman Wave+ vs Gerber Suspension NXT: Where the Extra $70 Goes

The Leatherman Wave+ and the Gerber Suspension NXT sit at opposite ends of the same question: how much should a multitool cost? One runs about $110, the other about $40, and both have huge followings. We compared the spec sheets, the warranty terms, and what long-term owners report to figure out where the extra seventy bucks actually goes, and who’s fine skipping it.
Leatherman Wave+
Gerber Suspension NXT
| Feature | Leatherman Wave+ | Gerber Suspension NXT |
|---|---|---|
| Tool count | 18 | 15 |
| One-hand blade access | Yes, outside blades | No, must open handles |
| Locking tools | All lock | Most lock |
| Wire cutters | Replaceable | Fixed |
| Pocket clip | Sold separately | Included |
| Warranty | 25 years | Limited lifetime (US) |
| Weight | 8.5 oz | 6.7 oz |
| Price | $110 | $40 |
Leatherman Wave+, Pros & Cons
What Stands Out
- Both knife blades open from the outside without unfolding the tool, which changes how often you actually use them
- Replaceable wire cutter inserts, the part that wears out first on any multitool
- Owners routinely report Waves lasting 10+ years of daily carry
Worth Knowing
- Nearly three times the price of the Gerber
- No pocket clip in the box, its a separate purchase
Gerber Suspension NXT, Pros & Cons
What Stands Out
- Comes with a pocket clip, so it rides without the belt pouch
- Lighter in the pocket at 6.7 oz
- At $40, losing it on a job site stings instead of hurts
Worth Knowing
- Blade opens from inside the handles, slower one-handed
- Owner reviews mention more play in the pliers head than the Wave
Where the extra $70 goes
Three places, mainly. The outside-opening blades sound like a small thing until you’ve used a multitool where the knife takes two hands and ten seconds to reach. People who carry a Wave use the knife constantly because its as quick as a pocket knife. Second, the wire cutters take replaceable inserts, and thats the component that dies first on every multitool ever made. On the Gerber, worn cutters mean a worn tool. On the Wave+ they mean a $10 part.
Third is longevity. Gerber’s warranty covers you in the US, but the pattern in owner reviews is that Leathermans hold their fit and finish over years of hard use in a way budget tools mostly dont. Buy once, cry once, as the forums say.
The honest counterpoint: plenty of people dont need any of that. If a multitool lives in your kitchen drawer for opening boxes and tightening the occasional cabinet screw, the Suspension NXT does the same jobs and you keep seventy dollars.
The Bottom Line
Daily carriers, tradespeople, and anyone who reaches for the knife blade more than the pliers should spend up for the Wave+. Its faster in the hand and its built to be repaired instead of replaced. The Suspension NXT is the right call for glove boxes, kitchen drawers, first multitools, and gifts, it covers the same 90% of jobs and you wont wince if it goes missing.
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