Payment Analysis

530.00CAD/monthin North York, ON
    Before Taxes:
  • 530.00 CAD/month
  • 244.62 CAD/bi-weekly
  • 122.31 CAD/week
  • 6,360.00 CAD/year
Incl. Ontario Taxes (13%):
  • 598.90 CAD/month
  • 276.42 CAD/bi-weekly
  • 138.21 CAD/week
  • 7,186.80 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: 13,034 CAD

compared to leasing a BRAND NEW:

  • Toyota RAV4 LE AWD
  • for 12 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 796
This Contract (CAD/month) 530
Monthly Difference 266 CAD/month
Remaining Term x 49 months
Total Monthly Difference = 13,034 CAD
Total Savings (CAD) = 13,034

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 50,970 CAD
  • Total Vehicle Debt: 51,200 CAD
  • Paid so Far: 230 CAD (0% Paid)
  • Remaining Lease Payments: 25,970 CAD
  • Residual Value: 25,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 230 CAD Total Vehicle Value: 51,200 CAD
0% Paid
100%
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 25,970 CAD
Term Paid so Far: -4,770 CAD Residual Value: 25,000 CAD
0%
0%
50%
50%
Cost to Own
Already Paid: 230 CAD (0%)
Cash Incentive: 0 CAD Buyout Price Today: 50,970 CAD
0% Paid
0%
100%
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: 50,970 CAD

  • 4.9%Interest Rate x 48 months
  • 1,171 CAD/month + tax
  • Total Payable: 56,232 CAD
  • Total Interest: 5,262 CAD
  • 8.9%Interest Rate x 48 months
  • 1,266 CAD/month + tax
  • Total Payable: 60,767 CAD
  • Total Interest: 9,797 CAD
  • 14.9%Interest Rate x 48 months
  • 1,416 CAD/month + tax
  • Total Payable: 67,966 CAD
  • Total Interest: 16,996 CAD

At the end of the Lease Contract

Residual Value: 25,000 CAD (in 49 months)

  • 4.9%Interest Rate x 48 months
  • 575 CAD/month + tax
  • Total Payable: 27,581 CAD
  • Total Interest: 2,581 CAD
  • 8.9%Interest Rate x 48 months
  • 621 CAD/month + tax
  • Total Payable: 29,805 CAD
  • Total Interest: 4,805 CAD
  • 14.9%Interest Rate x 48 months
  • 695 CAD/month + tax
  • Total Payable: 33,336 CAD
  • Total Interest: 8,336 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)
259.70
  • + tax
  • + fuel
  • + insurance
(or 2.60CAD per km)
Time Analysis
Cost per day: (CAD)
17.42
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
47.10
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Seller Contact Info

This Contract was Already Transferred.

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