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

Written By
Cool Finds Daily
Cool Finds Daily Editorial Team
Editorially Reviewed
Cool Finds Daily Review Process
✓ Researched & fact-checked
Updated
August 9, 2026

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+
$110
VS
Gerber Suspension NXT
$40

Leatherman Wave+

9.1
Outside-accessible blades, locking tools, replaceable wire cutters and a 25 year warranty. The one you buy once.
$110

Gerber Suspension NXT

8.3
15 tools, a pocket clip Leatherman doesnt include, and a price that makes it easy to just go buy one today.
$40
FeatureLeatherman Wave+Gerber Suspension NXT
Tool count1815
One-hand blade accessYes, outside bladesNo, must open handles
Locking toolsAll lockMost lock
Wire cuttersReplaceableFixed
Pocket clipSold separatelyIncluded
Warranty25 yearsLimited lifetime (US)
Weight8.5 oz6.7 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.

Leatherman Wave+

$110
Check Price on Amazon

Gerber Suspension NXT

$40
Check Price on Amazon

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.

Disclosure: Some links in this article are affiliate links. We may earn a commission at no extra cost to you.

As an Amazon Associate, we earn from qualifying purchases.

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