Toyota Lease Takeover in Edmonton, AB: 2019 Toyota Highlander Hybrid XLE CVT AWD ID:#23103

Payment Analysis

736.20CAD/monthin Edmonton, AB

Before Taxes:

736.20 CAD/month
339.78 CAD/bi-weekly
169.89 CAD/week
8,834.40 CAD/year

Incl. Alberta Taxes (5%):

773.01 CAD/month
356.77 CAD/bi-weekly
178.39 CAD/week
9,276.12 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: 800 ~ 1,200 CAD

compared to leasing a BRAND NEW:

Toyota Highlander Hybrid XLE CVT AWD Running board, winter tire on rims
for 40 months
in AB
$0 down payment
28,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	781
This Contract (CAD/month)	736
Monthly Difference	45 CAD/month
Remaining Term	x 0 months
Total Monthly Difference	= 0 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
Total Savings (CAD)	= 800 ~ 1,200

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 19,062 CAD

Total Vehicle Debt: 63,234 CAD
Paid so Far: 44,172 CAD (69% Paid)
Remaining Lease Payments: 0 CAD
Residual Value: 19,062 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 44,172 CAD Total Vehicle Value: 63,234 CAD

69% Paid

31%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 0 CAD

Term Paid so Far: 44,172 CAD Residual Value: 19,062 CAD

69%

31%

Cost to Own

Already Paid: 44,172 CAD (69%)

Cash Incentive: 0 CAD Buyout Price Today: 19,062 CAD

69% Paid

31%

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: 19,062 CAD

4.9%Interest Rate x 48 months
438 CAD/month + tax
Total Payable: 21,030 CAD
Total Interest: 1,968 CAD

8.9%Interest Rate x 48 months
473 CAD/month + tax
Total Payable: 22,726 CAD
Total Interest: 3,664 CAD

14.9%Interest Rate x 48 months
530 CAD/month + tax
Total Payable: 25,418 CAD
Total Interest: 6,356 CAD

At the end of the Lease Contract

Residual Value: 19,062 CAD (in 1 months)

4.9%Interest Rate x 48 months
438 CAD/month + tax
Total Payable: 21,030 CAD
Total Interest: 1,968 CAD

8.9%Interest Rate x 48 months
473 CAD/month + tax
Total Payable: 22,726 CAD
Total Interest: 3,664 CAD

14.9%Interest Rate x 48 months
530 CAD/month + tax
Total Payable: 25,418 CAD
Total Interest: 6,356 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)