Payment Analysis

529.62CAD/monthin Toronto, ON
    Before Taxes:
  • 529.62 CAD/month
  • 244.44 CAD/bi-weekly
  • 122.22 CAD/week
  • 6,355.44 CAD/year
Incl. Ontario Taxes (13%):
  • 598.47 CAD/month
  • 276.22 CAD/bi-weekly
  • 138.11 CAD/week
  • 7,181.65 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: 10,932 ~ 11,332 CAD

compared to leasing a BRAND NEW:

  • Q50 Trim Q50 SIGNATURE EDITION AWD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 830
This Contract (CAD/month) 530
Monthly Difference 301 CAD/month
Remaining Term x 32 months
Total Monthly Difference = 9,632 CAD
+ Cash Incentive** (CAD) + 500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 10,932 ~ 11,332
** "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: 38,546 CAD
  • Total Vehicle Debt: 50,092 CAD
  • Paid so Far: 11,046 CAD (22% Paid)
  • Remaining Lease Payments: 16,948 CAD
  • Residual Value: 22,098 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 11,046 CAD Total Vehicle Value: 50,092 CAD
22% Paid
78%
Vehicle Debt Breakdown
Downpayment: 2,572 CAD Remaining Term: 16,948 CAD
Term Paid so Far: 8,474 CAD Residual Value: 22,098 CAD
5%
17%
33%
45%
Cost to Own
Already Paid: 11,046 CAD (22%)
Cash Incentive: 500 CAD Buyout Price Today: 38,546 CAD
22% Paid
0%
78%
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: 38,546 CAD

  • 4.9%Interest Rate x 48 months
  • 886 CAD/month + tax
  • Total Payable: 42,525 CAD
  • Total Interest: 3,979 CAD
  • 8.9%Interest Rate x 48 months
  • 957 CAD/month + tax
  • Total Payable: 45,955 CAD
  • Total Interest: 7,409 CAD
  • 14.9%Interest Rate x 48 months
  • 1,071 CAD/month + tax
  • Total Payable: 51,399 CAD
  • Total Interest: 12,853 CAD

At the end of the Lease Contract

Residual Value: 22,098 CAD (in 32 months)

  • 4.9%Interest Rate x 48 months
  • 508 CAD/month + tax
  • Total Payable: 24,380 CAD
  • Total Interest: 2,281 CAD
  • 8.9%Interest Rate x 48 months
  • 549 CAD/month + tax
  • Total Payable: 26,346 CAD
  • Total Interest: 4,247 CAD
  • 14.9%Interest Rate x 48 months
  • 614 CAD/month + tax
  • Total Payable: 29,467 CAD
  • Total Interest: 7,369 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)

Distance Analysis
Cost to drive 100km: (CAD)
68.53
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
Time Analysis
Cost per day: (CAD)
16.90
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
Remaining Km
Can be driven up to:
173.08
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

Seller Contact Info

This Contract was Already Transferred.

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