Leatherman FREE P4 vs Leatherman Wave+

66 facts in comparison

Based on 8 Reddit opinions. Close race—Leatherman Wave+ edges ahead.

8 opinions
Leatherman Wave+ leads by 3pts
Leatherman FREE P4
75%
B
Based on
14 Redditors

Leatherman FREE P4

Limited Data
~$129.95
0 opinions

tldr; Reddit has mixed feelings about the Leatherman FREE P4, praised for its functionality and being "the best" but criticized for its price and perceived decline in quality.

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VS
Reddit's Pick
Leatherman Wave+
78%
B
Based on
34 Redditors
Winner

Leatherman Wave+

Limited Data
~$129.95
8 opinions

tldr; Highly recommended, Reddit considers the Leatherman Wave+ an excellent, long-standing, and high-quality first multitool for daily carry.

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Steel QualityAction & DeploymentBuild QualityLockErgonomics
🔧STE
ACT
BUI
LOC
ERG
Points
31
Points

Score by Category

Steel Quality
0%
Action & Deployment
0%
Build Quality
Lock
0%
Ergonomics
0%50%

Why is Leatherman Wave+ better than Leatherman FREE P4?

  • Higher Reddit score (78% vs 75%)
  • Can't go wrong as a first multitool
  • ⏰ Long-standing popularity (20+ years)
  • Carried daily
Based on 48 Reddit opinions
Too Close to Call

Reddit prefers the Leatherman Wave+

Winning by 3 points (78% vs 75%)

Can't go wrong as a first multitool
Long-standing popularity (20+ years)
Carried daily
Medium confidence (48 mentions)

💬Reddit Sentiment

Based on 48 Reddit mentions

Overall Rating

FREE P4
7.5/10
14 mentions
Leatherman Wave+
7.8/10
34 mentions
ERGONOMICS
FREE P40.0/10
Leatherman Wave+5.0/10
LOCK
FREE P4N/A
Leatherman Wave+0.0/10
VALUE
FREE P4N/A
Leatherman Wave+1.1/10
ACTION
FREE P4N/A
Leatherman Wave+0.0/10
STEEL
FREE P4N/A
Leatherman Wave+0.0/10
⚔️

Head to Head

Head to Head

FREE P4: 0|Leatherman Wave+: 2
ErgonomicsLeatherman Wave+
FREE P40%
Leatherman Wave+50%
Lock
FREE P4N/A
Leatherman Wave+0%
ValueLeatherman Wave+
FREE P4N/A
Leatherman Wave+11%
Action
FREE P4N/A
Leatherman Wave+0%
Steel
FREE P4N/A
Leatherman Wave+0%
FREE P475%
Leatherman Wave+78%
Close race - Leatherman Wave+ edges ahead by 3 points

Key Specs

SpecLeatherman FREE P4Leatherman Wave+
Brand
LEATHERMAN
LEATHERMAN
Manufacturer
Leatherman
Leatherman
Color
Stainless
Stainless Steel
Weight
0.75 Pounds
0.53125 Pounds
Height
1.25 Inches
0.8 inches

Key Highlights

Leatherman FREE P4
✨ Includes a saw ()
✨ Considered "the best" by ()
⚠ ️ Unacceptable price point for ()
⚠️ Perceived decline in Leatherman quality over
Leatherman Wave+Winner
🌙 Can't go wrong as a first multitool
⏰ Long-standing popularity (20+ years)
✨ Carried daily
💰 Feels more quality than MP600
✨ Owned in multiples by some users

Topic Battles

FREE P4: 0|Tied: 4|Leatherman Wave+: 1
🔧Steel Quality
FREE P4
Leatherman Wave+
0%
Action & Deployment
FREE P4
Leatherman Wave+
0%
Build Quality
FREE P4
Leatherman Wave+
Lock
FREE P4
Leatherman Wave+
0%
Ergonomics
Leatherman Wave+ wins
FREE P4
0%
Leatherman Wave+
50%

Based on Reddit sentiment across 5 categories

📈Where They Rank

💬What Redditors Actually Say

What Redditors Say

Best praise vs top criticism for Leatherman Wave+

Best Praise
+4 pts
If by “Swiss army” you mean the actual company, Victorinox (which is famous for Swiss army style knives), here are a few that are great for hiking/outdoors: * Victorinox Huntsman * Victorinox Hiker * Victorinox Fieldmaster * Victorinox Ranger 79 M Grip * Victorinox Camper * Victorinox Rambler Leatherman also makes great “Swiss army” style multitools: * Leatherman Wave Plus * Leatherman Signal * Leatherman Surge * Leatherman Skeletool Remember, bigger, more expensive, and/or more tools is not necessarily better. Look them over and go with what speaks to you and makes sense (affordable, something you think the bf would like, etc.). Your bf will love whatever you pick, because you picked it and are thoughtful. Good luck! Let us know if you need further advice and/or have additional questions.
r/knifeclub
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No negative quotes found
3 more quotes available below

📈Historical Price Data

Leatherman FREE P4
Leatherman Wave+
$119$126$133$140Feb '26Low: $129.95Low: $129.95Current: $129.95Current: $129.95
Leatherman FREE P4
Leatherman Wave+

Which is Better?

Leatherman Wave+ Wins
78%
Wave+
vs
75%
P4

Close race, but Leatherman Wave+ edges ahead by 3 points based on 48 Reddit opinions.

Why Leatherman Wave+Winner
  • 🌙 Can't go wrong as a first multitool
  • ⏰ Long-standing popularity (20+ years)
  • ✨ Carried daily
  • More discussed (34 vs 14)
Why FREE P4
  • ✨ Includes a saw ()
  • ✨ Considered "the best" by ()

❤️The Love/Hate Breakdown

Sentiment Breakdown

21%Positive
Positive
21%
Neutral
76%
Negative
3%
Based on 33 Reddit opinions

Sentiment Breakdown

0%Positive
Positive
0%
Neutral
100%
Negative
0%
Based on 14 Reddit opinions

Frequently Asked Questions

Which is better, Leatherman Wave+ or Leatherman FREE P4?
Based on 48 Reddit comments, Leatherman Wave+ has a slight edge with 78% positive sentiment vs Leatherman FREE P4's 75%. The difference is small, so both are solid choices.
Should I buy Leatherman Wave+ or Leatherman FREE P4?
Both have similar approval ratings (78% vs 75%), so focus on specific features, pricing, and what matters most to you.
What do Redditors love about Leatherman Wave+?
Reddit users highlight: Can't go wrong as a first multitool. Long-standing popularity (20+ years). Carried daily. With 34 mentions and 78% approval, it's a well-regarded choice in the community.
What do Redditors say about Leatherman FREE P4?
Reddit users highlight: Includes a saw (). Considered "the best" by (). Unacceptable price point for (). With 14 mentions and 75% approval, it remains a popular alternative.
How many Reddit reviews were analyzed?
This comparison analyzed 48 Reddit comments: 34 about Leatherman Wave+ and 14 about Leatherman FREE P4. Data was sourced from Pocket Knives community discussions.
How accurate are these ratings?
Our sentiment analysis is approximately 80-85% accurate compared to manual review. Well-discussed products with many mentions tend to have more reliable scores than niche items with fewer data points.
Why trust Reddit over professional reviews?
Reddit users bought products with their own money and have no incentive to mislead. You're seeing hundreds of real opinions across different use cases, not just one reviewer's take. This crowdsourced approach surfaces both common praise and recurring complaints.

8 Reddit opinions analyzed · Last updated 3/7/2026