Lexus Lease Takeover in Vancouver, BC: 2020 Lexus IS 300 AWD Automatique AWD ID:#25613 • LeaseCosts Canada

Payment Analysis

643.00CAD/monthin Vancouver, BC

Before Taxes:

643.00 CAD/month
296.77 CAD/bi-weekly
148.38 CAD/week
7,716.00 CAD/year

Incl. B.C. Taxes (12%):

720.16 CAD/month
332.38 CAD/bi-weekly
166.19 CAD/week
8,641.92 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: 4,176 ~ 5,476 CAD

compared to leasing a BRAND NEW:

Lexus IS 300 AWD F SPORT Series 2
for 24 months
in BC
$0 down payment
20,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	965
This Contract (CAD/month)	643
Monthly Difference	322 CAD/month
Remaining Term	x 8 months
Total Monthly Difference	= 2,576 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 4,176 ~ 5,476

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 28,144 CAD

Total Vehicle Debt: 50,648 CAD
Paid so Far: 22,504 CAD (44% Paid)
Remaining Lease Payments: 5,144 CAD
Residual Value: 23,000 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 22,504 CAD Total Vehicle Value: 50,648 CAD

44% Paid

56%

Vehicle Debt Breakdown

Downpayment: 4,500 CAD Remaining Term: 5,144 CAD

Term Paid so Far: 18,004 CAD Residual Value: 23,000 CAD

36%

10%

46%

Cost to Own

Already Paid: 22,504 CAD (44%)

Cash Incentive: 0 CAD Buyout Price Today: 28,144 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: 28,144 CAD

4.9%Interest Rate x 48 months
647 CAD/month + tax
Total Payable: 31,049 CAD
Total Interest: 2,905 CAD

8.9%Interest Rate x 48 months
699 CAD/month + tax
Total Payable: 33,553 CAD
Total Interest: 5,409 CAD

14.9%Interest Rate x 48 months
782 CAD/month + tax
Total Payable: 37,528 CAD
Total Interest: 9,384 CAD

At the end of the Lease Contract

Residual Value: 23,000 CAD (in 8 months)

4.9%Interest Rate x 48 months
529 CAD/month + tax
Total Payable: 25,374 CAD
Total Interest: 2,374 CAD

8.9%Interest Rate x 48 months
571 CAD/month + tax
Total Payable: 27,421 CAD
Total Interest: 4,421 CAD

14.9%Interest Rate x 48 months
639 CAD/month + tax
Total Payable: 30,669 CAD
Total Interest: 7,669 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)