Toyota Lease Takeover in Winnipeg, MB: 2020 Toyota RAV4 LE AWD Automatique AWD ID:#21176 • LeaseCosts Canada

Payment Analysis

165.00CAD/monthin Winnipeg, MB

Before Taxes:

165.00 CAD/month
76.15 CAD/bi-weekly
38.08 CAD/week
1,980.00 CAD/year

Incl. Manitoba Taxes (13%):

186.45 CAD/month
86.05 CAD/bi-weekly
43.03 CAD/week
2,237.40 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: 264 CAD

compared to leasing a BRAND NEW:

Toyota RAV4 LE AWD
for 52 months
in Manitoba
$0 down payment
18,462 km/year

Savings Breakdown:
Leasing New (CAD/month)	429
This Contract (CAD/month)	165
Monthly Difference	264 CAD/month
Remaining Term	x 1 months
Total Monthly Difference	= 264 CAD
Total Savings (CAD)	= 264

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 14,165 CAD

Total Vehicle Debt: 23,900 CAD
Paid so Far: 9,735 CAD (40% Paid)
Remaining Lease Payments: 165 CAD
Residual Value: 14,000 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 9,735 CAD Total Vehicle Value: 23,900 CAD

40% Paid

60%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 165 CAD

Term Paid so Far: 9,735 CAD Residual Value: 14,000 CAD

40%

60%

Cost to Own

Already Paid: 9,735 CAD (40%)

Cash Incentive: 0 CAD Buyout Price Today: 14,165 CAD

40% Paid

60%

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: 14,165 CAD

4.9%Interest Rate x 48 months
326 CAD/month + tax
Total Payable: 15,627 CAD
Total Interest: 1,462 CAD

8.9%Interest Rate x 48 months
352 CAD/month + tax
Total Payable: 16,888 CAD
Total Interest: 2,723 CAD

14.9%Interest Rate x 48 months
394 CAD/month + tax
Total Payable: 18,888 CAD
Total Interest: 4,723 CAD

At the end of the Lease Contract

Residual Value: 14,000 CAD (in 1 months)

4.9%Interest Rate x 48 months
322 CAD/month + tax
Total Payable: 15,445 CAD
Total Interest: 1,445 CAD

8.9%Interest Rate x 48 months
348 CAD/month + tax
Total Payable: 16,691 CAD
Total Interest: 2,691 CAD

14.9%Interest Rate x 48 months
389 CAD/month + tax
Total Payable: 18,668 CAD
Total Interest: 4,668 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)