Payment Analysis

350.26CAD/monthin Mississauga, ON
    Before Taxes:
  • 350.26 CAD/month
  • 161.66 CAD/bi-weekly
  • 80.83 CAD/week
  • 4,203.12 CAD/year
Incl. Ontario Taxes (13%):
  • 395.79 CAD/month
  • 182.67 CAD/bi-weekly
  • 91.34 CAD/week
  • 4,749.53 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: 8,357 ~ 9,257 CAD

compared to leasing a BRAND NEW:

  • Acura ILX PREMIUM A-SPEC
  • for 30 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 579
This Contract (CAD/month) 350
Monthly Difference 229 CAD/month
Remaining Term x 33 months
Total Monthly Difference = 7,557 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 8,357 ~ 9,257

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 27,194 CAD
  • Total Vehicle Debt: 32,448 CAD
  • Paid so Far: 5,254 CAD (16% Paid)
  • Remaining Lease Payments: 11,559 CAD
  • Residual Value: 15,635 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 5,254 CAD Total Vehicle Value: 32,448 CAD
16% Paid
84%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 11,559 CAD
Term Paid so Far: 5,254 CAD Residual Value: 15,635 CAD
0%
16%
35%
49%
Cost to Own
Already Paid: 5,254 CAD (16%)
Cash Incentive: 0 CAD Buyout Price Today: 27,194 CAD
16% Paid
0%
84%
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: 27,194 CAD

  • 4.9%Interest Rate x 48 months
  • 625 CAD/month + tax
  • Total Payable: 30,001 CAD
  • Total Interest: 2,807 CAD
  • 8.9%Interest Rate x 48 months
  • 675 CAD/month + tax
  • Total Payable: 32,421 CAD
  • Total Interest: 5,227 CAD
  • 14.9%Interest Rate x 48 months
  • 755 CAD/month + tax
  • Total Payable: 36,262 CAD
  • Total Interest: 9,068 CAD

At the end of the Lease Contract

Residual Value: 15,635 CAD (in 33 months)

  • 4.9%Interest Rate x 48 months
  • 359 CAD/month + tax
  • Total Payable: 17,249 CAD
  • Total Interest: 1,614 CAD
  • 8.9%Interest Rate x 48 months
  • 388 CAD/month + tax
  • Total Payable: 18,641 CAD
  • Total Interest: 3,005 CAD
  • 14.9%Interest Rate x 48 months
  • 434 CAD/month + tax
  • Total Payable: 20,849 CAD
  • Total Interest: 5,214 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)
20.28
  • + tax
  • + fuel
  • + insurance
(or 0.20CAD per km)
  • 21.02CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
11.52
  • + tax
  • + insurance
  • + km driven & fuel
(0.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
398.60
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in May, 2019)

Seller Contact Info

This Contract was Already Transferred.

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