Hi, i'm 16 and in the next 3 - 4 years, I plan on buying my first car.
I have already planned to buy the RX 350 by lexus.
and i'm having trouble understanding all the estimated payments
my total lease is $62,536.01
and my total finance is $70,550. 44

my lease is $1,147 for a term of 60 at the rate of 8.35
my finance $1,215 for a term of 72 at the rate of 7.25

does that mean that every month i pay 1,147 for the lease and 1,215 for the finance?
and i also do not understand the whole concenpt of rates (8.53 and 7.25) :-s

I also want an Extra Care Protection (ECP) that is 48months/120,000 KM, this costs $1,840.00, so do i pay $1,840.00 for the next 48 months?

Thanks for your help! :-)