Payment Analysis

506.00CAD/monthin Toronto,ON
    Before Taxes:
  • 506.00 CAD/month
  • 233.54 CAD/bi-weekly
  • 116.77 CAD/week
  • 6,072.00 CAD/year
Incl. Ontario Taxes (13%):
  • 571.78 CAD/month
  • 263.90 CAD/bi-weekly
  • 131.95 CAD/week
  • 6,861.36 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: 3,910 ~ 4,810 CAD

compared to leasing a BRAND NEW:

  • Acura TLX A-SPEC
  • for 30 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 636
This Contract (CAD/month) 506
Monthly Difference 130 CAD/month
Remaining Term x 20 months
Total Monthly Difference = 2,600 CAD
+ Cash Incentive** (CAD) + 510
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,910 ~ 4,810
** "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: 30,549 CAD
  • Total Vehicle Debt: 45,227 CAD
  • Paid so Far: 14,168 CAD (31% Paid)
  • Remaining Lease Payments: 10,120 CAD
  • Residual Value: 20,939 CAD
  • Cash Incentive: 510 CAD
Vehicle Debt & Value
Paid so far: 14,168 CAD Total Vehicle Value: 45,227 CAD
31% Paid
69%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,120 CAD
Term Paid so Far: 14,168 CAD Residual Value: 20,939 CAD
0%
31%
22%
47%
Cost to Own
Already Paid: 14,168 CAD (31%)
Cash Incentive: 510 CAD Buyout Price Today: 30,549 CAD
31% Paid
1%
68%
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: 30,549 CAD

  • 4.9%Interest Rate x 48 months
  • 702 CAD/month + tax
  • Total Payable: 33,703 CAD
  • Total Interest: 3,154 CAD
  • 8.9%Interest Rate x 48 months
  • 759 CAD/month + tax
  • Total Payable: 36,421 CAD
  • Total Interest: 5,872 CAD
  • 14.9%Interest Rate x 48 months
  • 849 CAD/month + tax
  • Total Payable: 40,736 CAD
  • Total Interest: 10,186 CAD

At the end of the Lease Contract

Residual Value: 20,939 CAD (in 20 months)

  • 4.9%Interest Rate x 48 months
  • 481 CAD/month + tax
  • Total Payable: 23,101 CAD
  • Total Interest: 2,162 CAD
  • 8.9%Interest Rate x 48 months
  • 520 CAD/month + tax
  • Total Payable: 24,964 CAD
  • Total Interest: 4,025 CAD
  • 14.9%Interest Rate x 48 months
  • 582 CAD/month + tax
  • Total Payable: 27,921 CAD
  • Total Interest: 6,982 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)
15.96
  • + tax
  • + fuel
  • + insurance
(inlcuding the 510CAD incentive)
  • 16.80CAD/100km (TODAY without the Cash Incentive)
  • 25.30CAD/100km (Original Contract back in Jul, 2019)
Time Analysis
Cost per day: (CAD)
15.80
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 510CAD incentive)
  • 16.64CAD/day (Original Contract back in Jul, 2019)
Remaining Km
Can be driven up to:
694.86
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 461.54km/week (Contract Original back in Jul, 2019)

Seller Contact Info

This Contract was Already Transferred.

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