Toyota Lease Takeover in New Glasgow, NS: 2016 Toyota RAV4 LE Automatique AWD ID:#19097 • LeaseCosts Canada

Payment Analysis

395.00CAD/monthin New Glasgow, NS

Before Taxes:

395.00 CAD/month
182.31 CAD/bi-weekly
91.15 CAD/week
4,740.00 CAD/year

Incl. Nova Scotia Taxes (15%):

454.25 CAD/month
209.65 CAD/bi-weekly
104.83 CAD/week
5,451.00 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: 13,824 ~ 14,224 CAD

compared to leasing a BRAND NEW:

Toyota RAV4 LE AWD
for 12 months
in Nova Scotia
$0 down payment
20,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	747
This Contract (CAD/month)	395
Monthly Difference	352 CAD/month
Remaining Term	x 37 months
Total Monthly Difference	= 13,024 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
Total Savings (CAD)	= 13,824 ~ 14,224

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 26,333 CAD

Total Vehicle Debt: 36,603 CAD
Paid so Far: 10,270 CAD (28% Paid)
Remaining Lease Payments: 14,615 CAD
Residual Value: 11,718 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 10,270 CAD Total Vehicle Value: 36,603 CAD

28% Paid

72%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 14,615 CAD

Term Paid so Far: 10,270 CAD Residual Value: 11,718 CAD

28%

39%

33%

Cost to Own

Already Paid: 10,270 CAD (28%)

Cash Incentive: 0 CAD Buyout Price Today: 26,333 CAD

28% Paid

72%

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: 26,333 CAD

4.9%Interest Rate x 48 months
605 CAD/month + tax
Total Payable: 29,051 CAD
Total Interest: 2,718 CAD

8.9%Interest Rate x 48 months
654 CAD/month + tax
Total Payable: 31,394 CAD
Total Interest: 5,061 CAD

14.9%Interest Rate x 48 months
732 CAD/month + tax
Total Payable: 35,113 CAD
Total Interest: 8,781 CAD

At the end of the Lease Contract

Residual Value: 11,718 CAD (in 37 months)

4.9%Interest Rate x 48 months
269 CAD/month + tax
Total Payable: 12,927 CAD
Total Interest: 1,210 CAD

8.9%Interest Rate x 48 months
291 CAD/month + tax
Total Payable: 13,970 CAD
Total Interest: 2,252 CAD

14.9%Interest Rate x 48 months
326 CAD/month + tax
Total Payable: 15,625 CAD
Total Interest: 3,907 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)