Toyota Lease Takeover in Edmonton, AB: 2018 Toyota RAV4 LE Automatique AWD ID:#23500 • LeaseCosts Canada

Payment Analysis

400.22CAD/monthin Edmonton, AB

Before Taxes:

400.22 CAD/month
184.72 CAD/bi-weekly
92.36 CAD/week
4,802.59 CAD/year

Incl. Alberta Taxes (5%):

420.23 CAD/month
193.95 CAD/bi-weekly
96.98 CAD/week
5,042.72 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: 4,061 ~ 5,361 CAD

compared to leasing a BRAND NEW:

Toyota RAV4 LE AWD
for 36 months
in AB
$0 down payment
30,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	507
This Contract (CAD/month)	400
Monthly Difference	107 CAD/month
Remaining Term	x 23 months
Total Monthly Difference	= 2,461 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 4,061 ~ 5,361

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 20,873 CAD

Total Vehicle Debt: 37,882 CAD
Paid so Far: 17,009 CAD (44% Paid)
Remaining Lease Payments: 9,205 CAD
Residual Value: 11,668 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 17,009 CAD Total Vehicle Value: 37,882 CAD

44% Paid

56%

Vehicle Debt Breakdown

Downpayment: 1,000 CAD Remaining Term: 9,205 CAD

Term Paid so Far: 16,009 CAD Residual Value: 11,668 CAD

42%

24%

32%

Cost to Own

Already Paid: 17,009 CAD (44%)

Cash Incentive: 0 CAD Buyout Price Today: 20,873 CAD

44% Paid

56%

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: 20,873 CAD

4.9%Interest Rate x 48 months
480 CAD/month + tax
Total Payable: 23,028 CAD
Total Interest: 2,155 CAD

8.9%Interest Rate x 48 months
518 CAD/month + tax
Total Payable: 24,885 CAD
Total Interest: 4,012 CAD

14.9%Interest Rate x 48 months
580 CAD/month + tax
Total Payable: 27,833 CAD
Total Interest: 6,960 CAD

At the end of the Lease Contract

Residual Value: 11,668 CAD (in 23 months)

4.9%Interest Rate x 48 months
268 CAD/month + tax
Total Payable: 12,873 CAD
Total Interest: 1,205 CAD

8.9%Interest Rate x 48 months
290 CAD/month + tax
Total Payable: 13,911 CAD
Total Interest: 2,243 CAD

14.9%Interest Rate x 48 months
324 CAD/month + tax
Total Payable: 15,559 CAD
Total Interest: 3,891 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)