Payment Analysis

488.18CAD/monthin Kanata, ON
    Before Taxes:
  • 488.18 CAD/month
  • 225.31 CAD/bi-weekly
  • 112.66 CAD/week
  • 5,858.16 CAD/year
Incl. Ontario Taxes (13%):
  • 551.64 CAD/month
  • 254.60 CAD/bi-weekly
  • 127.30 CAD/week
  • 6,619.72 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: 4,782 ~ 5,182 CAD

compared to leasing a BRAND NEW:

  • Toyota Camry XSE V6
  • for 36 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 669
This Contract (CAD/month) 488
Monthly Difference 181 CAD/month
Remaining Term x 22 months
Total Monthly Difference = 3,982 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 4,782 ~ 5,182

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 27,014 CAD
  • Total Vehicle Debt: 41,865 CAD
  • Paid so Far: 14,851 CAD (35% Paid)
  • Remaining Lease Payments: 10,740 CAD
  • Residual Value: 16,274 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 14,851 CAD Total Vehicle Value: 41,865 CAD
35% Paid
65%
Vehicle Debt Breakdown
Downpayment: 2,646 CAD Remaining Term: 10,740 CAD
Term Paid so Far: 12,205 CAD Residual Value: 16,274 CAD
6%
29%
25%
40%
Cost to Own
Already Paid: 14,851 CAD (35%)
Cash Incentive: 0 CAD Buyout Price Today: 27,014 CAD
35% Paid
0%
65%
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: 27,014 CAD

  • 4.9%Interest Rate x 48 months
  • 621 CAD/month + tax
  • Total Payable: 29,803 CAD
  • Total Interest: 2,789 CAD
  • 8.9%Interest Rate x 48 months
  • 671 CAD/month + tax
  • Total Payable: 32,206 CAD
  • Total Interest: 5,192 CAD
  • 14.9%Interest Rate x 48 months
  • 750 CAD/month + tax
  • Total Payable: 36,022 CAD
  • Total Interest: 9,008 CAD

At the end of the Lease Contract

Residual Value: 16,274 CAD (in 22 months)

  • 4.9%Interest Rate x 48 months
  • 374 CAD/month + tax
  • Total Payable: 17,954 CAD
  • Total Interest: 1,680 CAD
  • 8.9%Interest Rate x 48 months
  • 404 CAD/month + tax
  • Total Payable: 19,402 CAD
  • Total Interest: 3,128 CAD
  • 14.9%Interest Rate x 48 months
  • 452 CAD/month + tax
  • Total Payable: 21,700 CAD
  • Total Interest: 5,426 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)
17.05
  • + tax
  • + fuel
  • + insurance
(or 0.17CAD per km)
  • 24.41CAD/100km (Original Contract back in Jan, 2019)
Time Analysis
Cost per day: (CAD)
16.05
  • + tax
  • + insurance
  • + km driven & fuel
(0.15CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
660.84
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 461.54km/week (Contract Original back in Jan, 2019)

Seller Contact Info

This Contract was Already Transferred.

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