Payment Analysis

486.73CAD/monthin Markham, ON
    Before Taxes:
  • 486.73 CAD/month
  • 224.64 CAD/bi-weekly
  • 112.32 CAD/week
  • 5,840.76 CAD/year
Incl. Ontario Taxes (13%):
  • 550.00 CAD/month
  • 253.85 CAD/bi-weekly
  • 126.92 CAD/week
  • 6,600.06 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: 11,740 ~ 12,640 CAD

compared to leasing a BRAND NEW:

  • Lexus IS 300 AWD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 846
This Contract (CAD/month) 487
Monthly Difference 360 CAD/month
Remaining Term x 29 months
Total Monthly Difference = 10,440 CAD
+ Cash Incentive** (CAD) + 500
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 11,740 ~ 12,640
** "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: 34,878 CAD
  • Total Vehicle Debt: 43,874 CAD
  • Paid so Far: 8,496 CAD (19% Paid)
  • Remaining Lease Payments: 14,115 CAD
  • Residual Value: 21,263 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 8,496 CAD Total Vehicle Value: 43,874 CAD
19% Paid
81%
Vehicle Debt Breakdown
Downpayment: 2,655 CAD Remaining Term: 14,115 CAD
Term Paid so Far: 5,841 CAD Residual Value: 21,263 CAD
5%
14%
32%
49%
Cost to Own
Already Paid: 8,496 CAD (19%)
Cash Incentive: 500 CAD Buyout Price Today: 34,878 CAD
19% Paid
1%
80%
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: 34,878 CAD

  • 4.9%Interest Rate x 48 months
  • 802 CAD/month + tax
  • Total Payable: 38,479 CAD
  • Total Interest: 3,601 CAD
  • 8.9%Interest Rate x 48 months
  • 866 CAD/month + tax
  • Total Payable: 41,582 CAD
  • Total Interest: 6,704 CAD
  • 14.9%Interest Rate x 48 months
  • 969 CAD/month + tax
  • Total Payable: 46,508 CAD
  • Total Interest: 11,630 CAD

At the end of the Lease Contract

Residual Value: 21,263 CAD (in 29 months)

  • 4.9%Interest Rate x 48 months
  • 489 CAD/month + tax
  • Total Payable: 23,458 CAD
  • Total Interest: 2,195 CAD
  • 8.9%Interest Rate x 48 months
  • 528 CAD/month + tax
  • Total Payable: 25,350 CAD
  • Total Interest: 4,087 CAD
  • 14.9%Interest Rate x 48 months
  • 591 CAD/month + tax
  • Total Payable: 28,353 CAD
  • Total Interest: 7,090 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)
48.10
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
Time Analysis
Cost per day: (CAD)
15.44
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
Remaining Km
Can be driven up to:
225.23
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD

Seller Contact Info

This Contract was Already Transferred.

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