Lexus Lease Takeover in New Westminster, BC: 2020 Lexus ES 300h Automatique 2WD ID:#25847 • LeaseCosts Canada

Payment Analysis

654.82CAD/monthin New Westminster, BC

Before Taxes:

654.82 CAD/month
302.22 CAD/bi-weekly
151.11 CAD/week
7,857.84 CAD/year

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

733.40 CAD/month
338.49 CAD/bi-weekly
169.25 CAD/week
8,800.78 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: 5,155 ~ 6,055 CAD

compared to leasing a BRAND NEW:

Lexus ES 300h Automatic 2WD Hybrid
for 24 months
in BC
$0 down payment
16,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	989
This Contract (CAD/month)	655
Monthly Difference	335 CAD/month
Remaining Term	x 13 months
Total Monthly Difference	= 4,355 CAD
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 5,155 ~ 6,055

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 36,673 CAD

Total Vehicle Debt: 63,353 CAD
Paid so Far: 26,680 CAD (42% Paid)
Remaining Lease Payments: 8,513 CAD
Residual Value: 28,160 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 26,680 CAD Total Vehicle Value: 63,353 CAD

42% Paid

58%

Vehicle Debt Breakdown

Downpayment: 9,000 CAD Remaining Term: 8,513 CAD

Term Paid so Far: 17,680 CAD Residual Value: 28,160 CAD

14%

28%

13%

45%

Cost to Own

Already Paid: 26,680 CAD (42%)

Cash Incentive: 0 CAD Buyout Price Today: 36,673 CAD

42% Paid

58%

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: 36,673 CAD

4.9%Interest Rate x 48 months
843 CAD/month + tax
Total Payable: 40,458 CAD
Total Interest: 3,786 CAD

8.9%Interest Rate x 48 months
911 CAD/month + tax
Total Payable: 43,721 CAD
Total Interest: 7,049 CAD

14.9%Interest Rate x 48 months
1,019 CAD/month + tax
Total Payable: 48,901 CAD
Total Interest: 12,228 CAD

At the end of the Lease Contract

Residual Value: 28,160 CAD (in 13 months)

4.9%Interest Rate x 48 months
647 CAD/month + tax
Total Payable: 31,067 CAD
Total Interest: 2,907 CAD

8.9%Interest Rate x 48 months
699 CAD/month + tax
Total Payable: 33,572 CAD
Total Interest: 5,412 CAD

14.9%Interest Rate x 48 months
782 CAD/month + tax
Total Payable: 37,550 CAD
Total Interest: 9,390 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)