Lexus Lease Takeover in Edmonton, AB: 2021 Lexus RX350 F-SPORT Automatique AWD ID:#33751 • LeaseCosts Canada

Payment Analysis

855.60CAD/monthin Edmonton, AB

Before Taxes:

855.60 CAD/month
394.89 CAD/bi-weekly
197.45 CAD/week
10,267.20 CAD/year

Incl. Alberta Taxes (5%):

898.38 CAD/month
414.64 CAD/bi-weekly
207.32 CAD/week
10,780.56 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: 758 CAD

compared to leasing a BRAND NEW:

Lexus RX350 F-SPORT Automatic AWD
for 39 months
in AB
$0 down payment
24,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	941
This Contract (CAD/month)	856
Monthly Difference	86 CAD/month
Remaining Term	x 3 months
Total Monthly Difference	= 258 CAD
+ Cash Incentive** (CAD)	+ 500
Total Savings (CAD)	= 758
	** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 31,931 CAD

Total Vehicle Debt: 70,933 CAD
Paid so Far: 38,502 CAD (54% Paid)
Remaining Lease Payments: 2,567 CAD
Residual Value: 29,864 CAD
Cash Incentive: 500 CAD

Vehicle Debt & Value

Paid so far: 38,502 CAD Total Vehicle Value: 70,933 CAD

54% Paid

46%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 2,567 CAD

Term Paid so Far: 38,502 CAD Residual Value: 29,864 CAD

54%

43%

Cost to Own

Already Paid: 38,502 CAD (54%)

Cash Incentive: 500 CAD Buyout Price Today: 31,931 CAD

54% Paid

46%

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: 31,931 CAD

4.9%Interest Rate x 48 months
734 CAD/month + tax
Total Payable: 35,227 CAD
Total Interest: 3,296 CAD

8.9%Interest Rate x 48 months
793 CAD/month + tax
Total Payable: 38,068 CAD
Total Interest: 6,137 CAD

14.9%Interest Rate x 48 months
887 CAD/month + tax
Total Payable: 42,578 CAD
Total Interest: 10,647 CAD

At the end of the Lease Contract

Residual Value: 29,864 CAD (in 3 months)

4.9%Interest Rate x 48 months
686 CAD/month + tax
Total Payable: 32,947 CAD
Total Interest: 3,083 CAD

8.9%Interest Rate x 48 months
742 CAD/month + tax
Total Payable: 35,604 CAD
Total Interest: 5,740 CAD

14.9%Interest Rate x 48 months
830 CAD/month + tax
Total Payable: 39,822 CAD
Total Interest: 9,958 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)