Lexus Lease Takeover in Oakville, ON: 2019 Lexus IS 300 Automatique AWD ID:#11850 • LeaseCosts Canada

Payment Analysis

518.90CAD/monthin Oakville, ON

Before Taxes:

518.90 CAD/month
239.49 CAD/bi-weekly
119.75 CAD/week
6,226.80 CAD/year

Incl. Ontario Taxes (13%):

586.36 CAD/month
270.63 CAD/bi-weekly
135.31 CAD/week
7,036.28 CAD/year

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: 16,112 CAD

compared to leasing a BRAND NEW:

Lexus IS 300 F Sport
for 24 months
in Ontario
$0 down payment
20,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	805
This Contract (CAD/month)	519
Monthly Difference	287 CAD/month
Remaining Term	x 51 months
Total Monthly Difference	= 14,637 CAD
+ Cash Incentive** (CAD)	+ 1,475
Total Savings (CAD)	= 16,112
	** "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: 49,637 CAD

Total Vehicle Debt: 45,636 CAD
Paid so Far: -5,476 CAD (-12% Paid)
Remaining Lease Payments: 26,464 CAD
Residual Value: 24,648 CAD
Cash Incentive: 1,475 CAD

Vehicle Debt & Value

Paid so far: -5,476 CAD Total Vehicle Value: 45,636 CAD

-12% Paid

112%

Vehicle Debt Breakdown

Downpayment: 1,270 CAD Remaining Term: 26,464 CAD

Term Paid so Far: -6,746 CAD Residual Value: 24,648 CAD

-14%

57%

55%

Cost to Own

Already Paid: -5,476 CAD (-12%)

Cash Incentive: 1,475 CAD Buyout Price Today: 49,637 CAD

-12% Paid

109%

Additional Financing Details

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: 49,637 CAD

4.9%Interest Rate x 48 months
1,141 CAD/month + tax
Total Payable: 54,761 CAD
Total Interest: 5,124 CAD

8.9%Interest Rate x 48 months
1,233 CAD/month + tax
Total Payable: 59,177 CAD
Total Interest: 9,540 CAD

14.9%Interest Rate x 48 months
1,379 CAD/month + tax
Total Payable: 66,188 CAD
Total Interest: 16,551 CAD

At the end of the Lease Contract

Residual Value: 24,648 CAD (in 51 months)

4.9%Interest Rate x 48 months
567 CAD/month + tax
Total Payable: 27,192 CAD
Total Interest: 2,544 CAD

8.9%Interest Rate x 48 months
612 CAD/month + tax
Total Payable: 29,385 CAD
Total Interest: 4,737 CAD

14.9%Interest Rate x 48 months
685 CAD/month + tax
Total Payable: 32,867 CAD
Total Interest: 8,219 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)