Lease Takeover Analysis

The Lease Takeover Analysis is an impartial review made by a Lease Takeover Specialist from LeaseCosts Canada Inc. and should be used as reference.

For Leasing Purposes

With this deal, you are saving: 7,683 CAD

compared to leasing a BRAND NEW:

  • Lexus RX350
  • for 24 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 731
This Contract (CAD/month) 140
Monthly Difference 591 CAD/month
Remaining Term x 13 months
Total Monthly Difference = 7,683 CAD
Total Savings (CAD) = 7,683

For Buyout Purposes

To own this vehicle today, it would cost: 35,919 CAD
  • Total Vehicle Debt: 52,879 CAD
  • Paid so Far: 16,960 CAD (32% Paid)
  • Remaining Lease Payments: 1,820 CAD
  • Residual Value: 34,099 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 16,960 CAD Total Vehicle Value: 52,879 CAD
32% Paid
68%
Vehicle Debt Breakdown
Downpayment: 15,000 CAD Remaining Term: 1,820 CAD
Term Paid so Far: 1,960 CAD Residual Value: 34,099 CAD
28%
4%
3%
65%
Cost to Own
Already Paid: 16,960 CAD
Cash Incentive: 0 CAD Buyout Price Today: 35,919 CAD
32% Paid
0%
68%

Finance the remaining Debt Today

Remaining Term + Residual Value: 35,919 CAD

  • 2.9%Interest Rate x 48 months
  • 793 CAD/month + tax
  • Total Payable: 38,086 CAD
  • Total Interest: 2,167 CAD
  • 4.9%Interest Rate x 48 months
  • 826 CAD/month + tax
  • Total Payable: 39,627 CAD
  • Total Interest: 3,708 CAD
  • 5.9%Interest Rate x 48 months
  • 842 CAD/month + tax
  • Total Payable: 40,412 CAD
  • Total Interest: 4,493 CAD

At the end of the Lease Contract

Residual Value: 34,099 CAD (in 13 months)

  • 2.9%Interest Rate x 48 months
  • 753 CAD/month + tax
  • Total Payable: 36,156 CAD
  • Total Interest: 2,057 CAD
  • 4.9%Interest Rate x 48 months
  • 784 CAD/month + tax
  • Total Payable: 37,619 CAD
  • Total Interest: 3,520 CAD
  • 5.9%Interest Rate x 48 months
  • 799 CAD/month + tax
  • Total Payable: 38,364 CAD
  • Total Interest: 4,265 CAD