Lexus Lease Takeover in Calgary, AB: 2016 Lexus IS300 Automatique AWD ID:#4537 • LeaseCosts Canada

Payment Analysis

700.00CAD/monthin Calgary, AB

Before Taxes:

700.00 CAD/month
323.08 CAD/bi-weekly
161.54 CAD/week
8,400.00 CAD/year

Incl. Alberta Taxes (5%):

735.00 CAD/month
339.23 CAD/bi-weekly
169.62 CAD/week
8,820.00 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: 56,296 ~ 57,596 CAD

compared to leasing a BRAND NEW:

Lexus S 300 AWD F SPORT Series 1
for 12 months
in Ontario
$0 down payment
24,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	1,336
This Contract (CAD/month)	700
Monthly Difference	636 CAD/month
Remaining Term	x 86 months
Total Monthly Difference	= 54,696 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 56,296 ~ 57,596

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 86,944 CAD

Total Vehicle Debt: 51,944 CAD
Paid so Far: -35,000 CAD (-68% Paid)
Remaining Lease Payments: 60,200 CAD
Residual Value: 26,744 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: -35,000 CAD Total Vehicle Value: 51,944 CAD

-68% Paid

168%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 60,200 CAD

Term Paid so Far: -35,000 CAD Residual Value: 26,744 CAD

-68%

116%

52%

Cost to Own

Already Paid: -35,000 CAD (-68%)

Cash Incentive: 0 CAD Buyout Price Today: 86,944 CAD

-68% Paid

168%

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: 86,944 CAD

4.9%Interest Rate x 48 months
1,998 CAD/month + tax
Total Payable: 95,919 CAD
Total Interest: 8,975 CAD

8.9%Interest Rate x 48 months
2,159 CAD/month + tax
Total Payable: 103,655 CAD
Total Interest: 16,711 CAD

14.9%Interest Rate x 48 months
2,415 CAD/month + tax
Total Payable: 115,935 CAD
Total Interest: 28,991 CAD

At the end of the Lease Contract

Residual Value: 26,744 CAD (in 86 months)

4.9%Interest Rate x 48 months
615 CAD/month + tax
Total Payable: 29,505 CAD
Total Interest: 2,761 CAD

8.9%Interest Rate x 48 months
664 CAD/month + tax
Total Payable: 31,884 CAD
Total Interest: 5,140 CAD

14.9%Interest Rate x 48 months
743 CAD/month + tax
Total Payable: 35,662 CAD
Total Interest: 8,918 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)