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My 5 year lease is ending this coming October and now I am trying to figure out if my car is worth keeping.

It's a base 2012 Rav4 V4 with 35K KM on it (yeah barely drove). It has minor rust when you open the driver and passenger side (at the bottom step thing).

It will cost me 12000$ Canadian tax in to buy it back.

I am planing on installing an Android touchscreen, roof rails and a hitch but at this point not sure if it would be better to just lease a new car.
 

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My 5 year lease is ending this coming October and now I am trying to figure out if my car is worth keeping.

It's a base 2012 Rav4 V4 with 35K KM on it (yeah barely drove). It has minor rust when you open the driver and passenger side (at the bottom step thing).

It will cost me 12000$ Canadian tax in to buy it back.

I am planing on installing an Android touchscreen, roof rails and a hitch but at this point not sure if it would be better to just lease a new car.
Add up ALL the lease payments, acquisition fees, dealer fees, down payment etc etc etc that you paid over the last 5 years and add it to the 12000$C. That's what your 2012 RAV4 cost you.
Then you can decide if you want to do that again.
 

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$12,000 is quite reasonable for a 5 year old Rav with less mileage than I drive in a year.
 

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Add up ALL the lease payments, acquisition fees, dealer fees, down payment etc etc etc that you paid over the last 5 years and add it to the 12000$C. That's what your 2012 RAV4 cost you.
Then you can decide if you want to do that again.
Surprisingly, that number, for my '16 Corolla, is extremely close (less than 10%) to what an outright purchase would be.
I'm leasing for 36 months at $300, I purchased 20,000 miles up front. That increased my monthly but brought my residual/buyout down.
My residual/buyout added to the total of my monthly payments is less than $1,000 more than what it would have cost to pay cash.
 

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2012 RAV4 Base 4cyl. with 35,000 Km is only 21,700 miles....its still close to new.
- unless you or the SO, really needs a new ride, i'd keep it...provided its not a 2wd model.

My wifes 2008 Limited v6, now has 147,000 Km or 91,000 miles = 4.5 times more.
^^ Very reliable & dirt cheap to maintain.
- it has been trouble free, except for a $100 rear axle stabilizer link plus 1/2 hour labor charge

Few Normal expenses:
- only 10K Km synthetic oil changes, one rear brake job ($300) & wax-oil spray rust proofing ($100 in Fall)

Wife loves her little RAV4 - with great 4x4 winter traction on S/W Ontario snow & icy roads.
I'm also a big fan of the 269-270 HP Toyota v6's.
- might go for a used Highlander or take over sons 2015 Lexus RX350 next
Not planning to upgrade until RAV4 speedometer, is over 250,000 Km - so after another 3-4 years.
 

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8 Months ago I paid CDN $17,000 for a 2012 Rav4 (V6 though) with around 78,000 Kms on it.
Seems like you're getting a good deal, and You know how the original owner treated the car.
Hopefully you won't have to finance the $12,000 though.
Ott.
 

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2012 RAV4 Base 4cyl. with 35,000 Km is only 21,700 miles....its still close to new.
- unless you or the SO, really needs a new ride, i'd keep it...provided its not a 2wd model.

My wifes 2008 Limited v6, now has 147,000 Km or 91,000 miles = 4.5 times more.
^^ Very reliable & dirt cheap to maintain.
- it has been trouble free, except for a $100 rear axle stabilizer link plus 1/2 hour labor charge

Few Normal expenses:
- only 10K Km synthetic oil changes, one rear brake job ($300) & wax-oil spray rust proofing ($100 in Fall)

Wife loves her little RAV4 - with great 4x4 winter traction on S/W Ontario snow & icy roads.
I'm also a big fan of the 269-270 HP Toyota v6's.
- might go for a used Highlander or take over sons 2015 Lexus RX350 next
Not planning to upgrade until RAV4 speedometer, is over 250,000 Km - so after another 3-4 years.
You may be able to get a refund for the stabilizer link from Toyota.
 
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