This Vehicle is Sold


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Vehicle Photos

Transfer Details

+ 1,500 cash
Lexus Lease Takeover in Gatineau: 2020 Lexus RX 350 Automatic AWD ID:#14526
SAVE ~3,800 CAD
CAD/month x 11 months
Transferred/Sold
2020 Lexus RX 350 (ID: #14526)
619
Ottawa/Gatineau
2020 Lexus

RX 350 Automatic AWD w/ Warranty Complete Term

  • Warranty Complete Term
Payment Details
  • Current Payment: 619 CAD/month + tax
  • Cash Incentive: 1,500 CAD
  • Payment After Incentive: 483 CAD/month + tax
  • Original Downpayment: 5,000 CAD
  • Residual Value: 30,267 CAD
  • Months to End: 11 months (Apr, 2023)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 3,125 km total
  • Available Now: 51,864 km/year (4,322 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.20 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Down Payment
  • High End Vehicle & Options
  • Lots of FREE Available Km
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

619.39CAD/monthin Ottawa/Gatineau
    Before Taxes:
  • 619.39 CAD/month
  • 285.87 CAD/bi-weekly
  • 142.94 CAD/week
  • 7,432.68 CAD/year
Incl. Québec Taxes (14.98%):
  • 712.17 CAD/month
  • 328.70 CAD/bi-weekly
  • 164.35 CAD/week
  • 8,546.10 CAD/year

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Lease Takeover/Buyout Analysis

The Lease Takeover Analysis (LTA) "Leasing Purposes" section is an impartial review made by a Lease Takeover Specialist from LeaseCosts Canada Inc. and should be used as reference. (Learn more about the LTA)

For Leasing Purposes

With this deal, you are saving: 3,755 CAD

compared to leasing a BRAND NEW:

  • Lexus RX 350 Automatic 295 HP 3.5 L 6‑cyl
  • for 36 months
  • in Québec
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 824
This Contract (CAD/month) 619
Monthly Difference 205 CAD/month
Remaining Term x 11 months
Total Monthly Difference = 2,255 CAD
+ Cash Incentive** (CAD) + 1,500
Total Savings (CAD) = 3,755
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 35,580 CAD
  • Total Vehicle Debt: 58,804 CAD
  • Paid so Far: 21,724 CAD (36% Paid)
  • Remaining Lease Payments: 6,813 CAD
  • Residual Value: 30,267 CAD
  • Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 21,724 CAD Total Vehicle Value: 58,804 CAD
36% Paid
64%
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 6,813 CAD
Term Paid so Far: 16,724 CAD Residual Value: 30,267 CAD
8%
28%
11%
53%
Cost to Own
Already Paid: 21,724 CAD (36%)
Cash Incentive: 1,500 CAD Buyout Price Today: 35,580 CAD
36% Paid
2%
62%
Interested on financing the vehicle? This section automatically calculates the following scenarios: (Learn more about this financial analysis)

Finance the remaining Debt Today

Remaining Term + Residual Value: 35,580 CAD

  • 4.9%Interest Rate x 48 months
  • 818 CAD/month + tax
  • Total Payable: 39,253 CAD
  • Total Interest: 3,673 CAD
  • 8.9%Interest Rate x 48 months
  • 884 CAD/month + tax
  • Total Payable: 42,419 CAD
  • Total Interest: 6,839 CAD
  • 14.9%Interest Rate x 48 months
  • 988 CAD/month + tax
  • Total Payable: 47,444 CAD
  • Total Interest: 11,864 CAD

At the end of the Lease Contract

Residual Value: 30,267 CAD (in 11 months)

  • 4.9%Interest Rate x 48 months
  • 696 CAD/month + tax
  • Total Payable: 33,392 CAD
  • Total Interest: 3,125 CAD
  • 8.9%Interest Rate x 48 months
  • 752 CAD/month + tax
  • Total Payable: 36,084 CAD
  • Total Interest: 5,817 CAD
  • 14.9%Interest Rate x 48 months
  • 841 CAD/month + tax
  • Total Payable: 40,359 CAD
  • Total Interest: 10,092 CAD

Business Vehicle Analysis

This section is very important if you are interested in the vehicle for Uber, Lyft, Turo, Getaround, vehicle rental or for a business. (Learn more about this section)

Distance Analysis
Cost to drive 100km: (CAD)
11.18
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
  • 14.33CAD/100km (TODAY without the Cash Incentive)
  • 46.45CAD/100km (Original Contract back in Feb, 2020)
Time Analysis
Cost per day: (CAD)
15.88
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
  • 20.36CAD/day (Original Contract back in Feb, 2020)
Remaining Km
Can be driven up to:
997.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 307.69km/week (Contract Original back in Feb, 2020)

Seller Contact Info

This Contract was Already Transferred.