Toyota Lease Takeover in Kelowna, BC: 2020 Toyota RAV4 Limited AWD Automatique AWD ID:#41401 • LeaseCosts Canada

Payment Analysis

436.84CAD/monthin Kelowna, BC

Before Taxes:

436.84 CAD/month
201.62 CAD/bi-weekly
100.81 CAD/week
5,242.08 CAD/year

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

489.26 CAD/month
225.81 CAD/bi-weekly
112.91 CAD/week
5,871.13 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: -307 ~ 593 CAD

compared to leasing a BRAND NEW:

2022 Toyota RAV4 Limited AWD
for 36 months
in B.C
$0 down payment
20,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	699
This Contract (CAD/month)	437
Monthly Difference	263 CAD/month
Remaining Term	x 11 months
Total Monthly Difference	= 2,893 CAD
- Required Payment** (CAD)	- 4,000
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= -307 ~ 593
	** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 26,130 CAD

Total Vehicle Debt: 49,035 CAD
Paid so Far: 26,905 CAD (54% Paid)
Remaining Lease Payments: 4,805 CAD
Residual Value: 17,325 CAD
Required Payment: 4,000 CAD

Vehicle Debt & Value

Paid so far: 26,905 CAD Total Vehicle Value: 49,035 CAD

54% Paid

46%

Vehicle Debt Breakdown

Downpayment: 5,500 CAD Remaining Term: 4,805 CAD

Term Paid so Far: 21,405 CAD Residual Value: 17,325 CAD

11%

43%

37%

Cost to Own

Already Paid: 26,905 CAD (54%)

Required Payment: 4,000 CAD (8%)Buyout Price Today: 26,130 CAD

46% Paid

46%

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: 26,130 CAD

4.9%Interest Rate x 48 months
601 CAD/month + tax
Total Payable: 28,828 CAD
Total Interest: 2,698 CAD

8.9%Interest Rate x 48 months
649 CAD/month + tax
Total Payable: 31,153 CAD
Total Interest: 5,022 CAD

14.9%Interest Rate x 48 months
726 CAD/month + tax
Total Payable: 34,843 CAD
Total Interest: 8,713 CAD

At the end of the Lease Contract

Residual Value: 17,325 CAD (in 11 months)

4.9%Interest Rate x 48 months
398 CAD/month + tax
Total Payable: 19,114 CAD
Total Interest: 1,789 CAD

8.9%Interest Rate x 48 months
430 CAD/month + tax
Total Payable: 20,655 CAD
Total Interest: 3,330 CAD

14.9%Interest Rate x 48 months
481 CAD/month + tax
Total Payable: 23,102 CAD
Total Interest: 5,777 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)