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Lexus Lease Takeover in Windsor : 2022 Lexus IS300 Luxury Automatic AWD ID:#50423
CAD/month x 8 months
2022 Lexus IS300 Luxury (ID: #50423)
606
Windsor, ON
2022 Lexus

IS300 Luxury Automatic AWD

Payment Details
  • Current Payment: 606 CAD/month + tax
  • Required Payment: 5,000 CAD
  • Payment Including Incentive: 1,231 CAD/month + tax
  • Residual Value: 20,517 CAD
  • Months to End: 8 months (Jun, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 22,951 km total
  • Available Now: 113,074 km/year (9,423 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.20 CAD/km

Payment Analysis

606.20CAD/monthin Windsor, ON
    Before Taxes:
  • 606.20 CAD/month
  • 279.78 CAD/bi-weekly
  • 139.89 CAD/week
  • 7,274.40 CAD/year
Incl. Ontario Taxes (13%):
  • 685.01 CAD/month
  • 316.16 CAD/bi-weekly
  • 158.08 CAD/week
  • 8,220.07 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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 30,367 CAD
  • Total Vehicle Debt: 56,283 CAD
  • Paid so Far: 30,916 CAD (54% Paid)
  • Remaining Lease Payments: 4,850 CAD
  • Residual Value: 20,517 CAD
  • Required Payment: 5,000 CAD
Vehicle Debt & Value
Paid so far: 30,916 CAD Total Vehicle Value: 56,283 CAD
54% Paid
46%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,850 CAD
Term Paid so Far: 30,916 CAD Residual Value: 20,517 CAD
0%
54%
8%
38%
Cost to Own
Already Paid: 30,916 CAD (54%)
Required Payment: 5,000 CAD (9%)Buyout Price Today: 30,367 CAD
45% Paid
9%
46%
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: 30,367 CAD

  • 4.9%Interest Rate x 48 months
  • 698 CAD/month + tax
  • Total Payable: 33,501 CAD
  • Total Interest: 3,135 CAD
  • 8.9%Interest Rate x 48 months
  • 754 CAD/month + tax
  • Total Payable: 36,203 CAD
  • Total Interest: 5,837 CAD
  • 14.9%Interest Rate x 48 months
  • 844 CAD/month + tax
  • Total Payable: 40,492 CAD
  • Total Interest: 10,126 CAD

At the end of the Lease Contract

Residual Value: 20,517 CAD (in 8 months)

  • 4.9%Interest Rate x 48 months
  • 472 CAD/month + tax
  • Total Payable: 22,635 CAD
  • Total Interest: 2,118 CAD
  • 8.9%Interest Rate x 48 months
  • 510 CAD/month + tax
  • Total Payable: 24,460 CAD
  • Total Interest: 3,943 CAD
  • 14.9%Interest Rate x 48 months
  • 570 CAD/month + tax
  • Total Payable: 27,358 CAD
  • Total Interest: 6,841 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)
13.07
  • + tax
  • + fuel
  • + insurance
(inlcuding the 5,000CAD incentive)
  • 6.43CAD/100km (TODAY without the Cash Incentive)
  • 36.37CAD/100km (Original Contract back in Jun, 2022)
Time Analysis
Cost per day: (CAD)
40.48
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 5,000CAD incentive)
  • 19.93CAD/day (Original Contract back in Jun, 2022)
Remaining Km
Can be driven up to:
2,174.49
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 384.62km/week (Contract Original back in Jun, 2022)

Seller Contact Info

  • Name: Luqhman Mohammad
  • Location: Windsor, ON
  • Date Contract Started:
  • Date Contract Ends:

Interested on this vehicle?
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Click here to Make an OFFER

Vehicle is in excellent condition. Please reach out to me on WhatsApp. I am ready to transfer the lease if any party is interested to pay 6000. We can discuss about the quotation.

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