Toyota Lease Takeover in Halifax, NS: 2018 Toyota RAF4 Hybrid XLE+ Automatique AWD ID:#30735 • LeaseCosts Canada

Payment Analysis

232.16CAD/monthin Halifax, NS

Before Taxes:

232.16 CAD/month
107.15 CAD/bi-weekly
53.58 CAD/week
2,785.92 CAD/year

Incl. Nova Scotia Taxes (15%):

266.98 CAD/month
123.22 CAD/bi-weekly
61.61 CAD/week
3,203.81 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: 3,768 ~ 4,168 CAD

compared to leasing a BRAND NEW:

Toyota RAV4 HYBRID XSE AWD
for 36 months
in NS
$0 down payment
16,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	603
This Contract (CAD/month)	232
Monthly Difference	371 CAD/month
Remaining Term	x 8 months
Total Monthly Difference	= 2,968 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
Total Savings (CAD)	= 3,768 ~ 4,168

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 15,712 CAD

Total Vehicle Debt: 28,017 CAD
Paid so Far: 12,304 CAD (43% Paid)
Remaining Lease Payments: 1,857 CAD
Residual Value: 13,855 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 12,304 CAD Total Vehicle Value: 28,017 CAD

43% Paid

57%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 1,857 CAD

Term Paid so Far: 12,304 CAD Residual Value: 13,855 CAD

43%

51%

Cost to Own

Already Paid: 12,304 CAD (43%)

Cash Incentive: 0 CAD Buyout Price Today: 15,712 CAD

43% Paid

57%

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: 15,712 CAD

4.9%Interest Rate x 48 months
361 CAD/month + tax
Total Payable: 17,334 CAD
Total Interest: 1,622 CAD

8.9%Interest Rate x 48 months
390 CAD/month + tax
Total Payable: 18,732 CAD
Total Interest: 3,020 CAD

14.9%Interest Rate x 48 months
436 CAD/month + tax
Total Payable: 20,951 CAD
Total Interest: 5,239 CAD

At the end of the Lease Contract

Residual Value: 13,855 CAD (in 8 months)

4.9%Interest Rate x 48 months
318 CAD/month + tax
Total Payable: 15,285 CAD
Total Interest: 1,430 CAD

8.9%Interest Rate x 48 months
344 CAD/month + tax
Total Payable: 16,518 CAD
Total Interest: 2,663 CAD

14.9%Interest Rate x 48 months
385 CAD/month + tax
Total Payable: 18,475 CAD
Total Interest: 4,620 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)