Toyota Lease Takeover in Winnipeg, MB: 2021 Toyota Rav 4 LE Automatique 2WD ID:#31189 • LeaseCosts Canada

Payment Analysis

405.00CAD/monthin Winnipeg, MB

Before Taxes:

405.00 CAD/month
186.92 CAD/bi-weekly
93.46 CAD/week
4,860.00 CAD/year

Incl. Manitoba Taxes (13%):

457.65 CAD/month
211.22 CAD/bi-weekly
105.61 CAD/week
5,491.80 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: 1,317 ~ 2,217 CAD

compared to leasing a BRAND NEW:

Toyota RAV4 XLE AWD
for 60 months
in MB
$0 down payment
20,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	452
This Contract (CAD/month)	405
Monthly Difference	47 CAD/month
Remaining Term	x 11 months
Total Monthly Difference	= 517 CAD
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 1,317 ~ 2,217

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 22,455 CAD

Total Vehicle Debt: 45,300 CAD
Paid so Far: 22,845 CAD (50% Paid)
Remaining Lease Payments: 4,455 CAD
Residual Value: 18,000 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 22,845 CAD Total Vehicle Value: 45,300 CAD

50% Paid

50%

Vehicle Debt Breakdown

Downpayment: 3,000 CAD Remaining Term: 4,455 CAD

Term Paid so Far: 19,845 CAD Residual Value: 18,000 CAD

44%

41%

Cost to Own

Already Paid: 22,845 CAD (50%)

Cash Incentive: 0 CAD Buyout Price Today: 22,455 CAD

50% Paid

50%

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: 22,455 CAD

4.9%Interest Rate x 48 months
516 CAD/month + tax
Total Payable: 24,773 CAD
Total Interest: 2,318 CAD

8.9%Interest Rate x 48 months
558 CAD/month + tax
Total Payable: 26,771 CAD
Total Interest: 4,316 CAD

14.9%Interest Rate x 48 months
624 CAD/month + tax
Total Payable: 29,942 CAD
Total Interest: 7,487 CAD

At the end of the Lease Contract

Residual Value: 18,000 CAD (in 11 months)

4.9%Interest Rate x 48 months
414 CAD/month + tax
Total Payable: 19,858 CAD
Total Interest: 1,858 CAD

8.9%Interest Rate x 48 months
447 CAD/month + tax
Total Payable: 21,460 CAD
Total Interest: 3,460 CAD

14.9%Interest Rate x 48 months
500 CAD/month + tax
Total Payable: 24,002 CAD
Total Interest: 6,002 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)