Lexus Lease Takeover in Richmond Hill, ON: 2017 Lexus IS300 F-Sport Automatique AWD ID:#22307 • LeaseCosts Canada

Payment Analysis

486.73CAD/monthin Richmond Hill, ON

Before Taxes:

486.73 CAD/month
224.64 CAD/bi-weekly
112.32 CAD/week
5,840.76 CAD/year

Incl. Ontario Taxes (13%):

550.00 CAD/month
253.85 CAD/bi-weekly
126.92 CAD/week
6,600.06 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: 45,706 CAD

compared to leasing a BRAND NEW:

Lexus IS 300 AWD w/ F SPORT SERIES 1 ($2,400)
for 12 months (note this contract is shorter)
in Ontario
$0 down payment
24,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	1,585
This Contract (CAD/month)	487
Monthly Difference	1,099 CAD/month
Remaining Term	x 42 months
Total Monthly Difference	= 46,158 CAD
- Required Payment** (CAD)	- 452
Total Savings (CAD)	= 45,706
	** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 42,867 CAD

Total Vehicle Debt: 45,336 CAD
Paid so Far: 2,920 CAD (6% Paid)
Remaining Lease Payments: 20,443 CAD
Residual Value: 21,973 CAD
Required Payment: 452 CAD

Vehicle Debt & Value

Paid so far: 2,920 CAD Total Vehicle Value: 45,336 CAD

6% Paid

94%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 20,443 CAD

Term Paid so Far: 2,920 CAD Residual Value: 21,973 CAD

45%

49%

Cost to Own

Already Paid: 2,920 CAD (6%)

Required Payment: 452 CAD (1%)Buyout Price Today: 42,867 CAD

5% Paid

94%

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: 42,867 CAD

4.9%Interest Rate x 48 months
985 CAD/month + tax
Total Payable: 47,292 CAD
Total Interest: 4,425 CAD

8.9%Interest Rate x 48 months
1,065 CAD/month + tax
Total Payable: 51,106 CAD
Total Interest: 8,239 CAD

14.9%Interest Rate x 48 months
1,191 CAD/month + tax
Total Payable: 57,161 CAD
Total Interest: 14,294 CAD

At the end of the Lease Contract

Residual Value: 21,973 CAD (in 42 months)

4.9%Interest Rate x 48 months
505 CAD/month + tax
Total Payable: 24,241 CAD
Total Interest: 2,268 CAD

8.9%Interest Rate x 48 months
546 CAD/month + tax
Total Payable: 26,196 CAD
Total Interest: 4,223 CAD

14.9%Interest Rate x 48 months
610 CAD/month + tax
Total Payable: 29,299 CAD
Total Interest: 7,327 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)