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: 16,950 ~ 17,350 CAD

compared to leasing a BRAND NEW:

  • Toyota TACOMA 4X4 DOUBLECAB V6 6A SB w/ TRD PRO
  • for 48 months
  • in B.C.
  • $0 down payment
  • 26,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 872
This Contract (CAD/month) 549
Monthly Difference 323 CAD/month
Remaining Term x 50 months
Total Monthly Difference = 16,150 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 16,950 ~ 17,350

For Buyout Purposes

To own this vehicle today, it would cost: 45,717 CAD
  • Total Vehicle Debt: 52,860 CAD
  • Paid so Far: 7,143 CAD (13% Paid)
  • Remaining Lease Payments: 27,472 CAD
  • Residual Value: 18,245 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 7,143 CAD Total Vehicle Value: 52,860 CAD
13% Paid
87%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 27,472 CAD
Term Paid so Far: 7,143 CAD Residual Value: 18,245 CAD
0%
13%
52%
35%
Cost to Own
Already Paid: 7,143 CAD
Cash Incentive: 0 CAD Buyout Price Today: 45,717 CAD
13% Paid
0%
87%

Finance the remaining Debt Today

Remaining Term + Residual Value: 45,717 CAD

  • 2.9%Interest Rate x 48 months
  • 1,010 CAD/month + tax
  • Total Payable: 48,475 CAD
  • Total Interest: 2,758 CAD
  • 4.9%Interest Rate x 48 months
  • 1,051 CAD/month + tax
  • Total Payable: 50,437 CAD
  • Total Interest: 4,720 CAD
  • 5.9%Interest Rate x 48 months
  • 1,072 CAD/month + tax
  • Total Payable: 51,436 CAD
  • Total Interest: 5,718 CAD

At the end of the Lease Contract

Residual Value: 18,245 CAD (in 50 months)

  • 2.9%Interest Rate x 48 months
  • 403 CAD/month + tax
  • Total Payable: 19,346 CAD
  • Total Interest: 1,101 CAD
  • 4.9%Interest Rate x 48 months
  • 419 CAD/month + tax
  • Total Payable: 20,129 CAD
  • Total Interest: 1,884 CAD
  • 5.9%Interest Rate x 48 months
  • 428 CAD/month + tax
  • Total Payable: 20,527 CAD
  • Total Interest: 2,282 CAD