Payment Analysis

487.02CAD/monthin Toronto, ON
    Before Taxes:
  • 487.02 CAD/month
  • 224.78 CAD/bi-weekly
  • 112.39 CAD/week
  • 5,844.24 CAD/year
Incl. Ontario Taxes (13%):
  • 550.33 CAD/month
  • 254.00 CAD/bi-weekly
  • 127.00 CAD/week
  • 6,603.99 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: 11,680 ~ 12,080 CAD

compared to leasing a BRAND NEW:

  • Lexus IS300 F-Sport Series 2 Automatic AWD 2019 Lexus IS300 F-Sport Series 2
  • for 28 months
  • in Ontario
  • $0 down payment
  • 28,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 981
This Contract (CAD/month) 487
Monthly Difference 494 CAD/month
Remaining Term x 20 months
Total Monthly Difference = 9,880 CAD
+ Cash Incentive** (CAD) + 1,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 11,680 ~ 12,080
** "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: 31,308 CAD
  • Total Vehicle Debt: 45,944 CAD
  • Paid so Far: 13,637 CAD (29% Paid)
  • Remaining Lease Payments: 9,740 CAD
  • Residual Value: 22,568 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 13,637 CAD Total Vehicle Value: 45,944 CAD
29% Paid
71%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 9,740 CAD
Term Paid so Far: 13,637 CAD Residual Value: 22,568 CAD
0%
29%
21%
50%
Cost to Own
Already Paid: 13,637 CAD (29%)
Cash Incentive: 1,000 CAD Buyout Price Today: 31,308 CAD
29% Paid
2%
69%
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: 31,308 CAD

  • 4.9%Interest Rate x 48 months
  • 720 CAD/month + tax
  • Total Payable: 34,540 CAD
  • Total Interest: 3,232 CAD
  • 8.9%Interest Rate x 48 months
  • 778 CAD/month + tax
  • Total Payable: 37,325 CAD
  • Total Interest: 6,018 CAD
  • 14.9%Interest Rate x 48 months
  • 870 CAD/month + tax
  • Total Payable: 41,747 CAD
  • Total Interest: 10,439 CAD

At the end of the Lease Contract

Residual Value: 22,568 CAD (in 20 months)

  • 4.9%Interest Rate x 48 months
  • 519 CAD/month + tax
  • Total Payable: 24,897 CAD
  • Total Interest: 2,330 CAD
  • 8.9%Interest Rate x 48 months
  • 561 CAD/month + tax
  • Total Payable: 26,905 CAD
  • Total Interest: 4,338 CAD
  • 14.9%Interest Rate x 48 months
  • 627 CAD/month + tax
  • Total Payable: 30,092 CAD
  • Total Interest: 7,525 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)
13.24
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 14.76CAD/100km (TODAY without the Cash Incentive)
  • 24.35CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
14.37
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 16.01CAD/day (Original Contract back in May, 2019)
Remaining Km
Can be driven up to:
761.54
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 461.54km/week (Contract Original back in May, 2019)

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Toronto

SAVE ~1,100 CAD
CAD/month x 44 months
2023 Hyundai IONIQ 6 ULTIMATE (ID: #52060)
910
Toronto, ON
2023 Hyundai

IONIQ 6 ULTIMATE Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 910 CAD/month + tax
  • Months to End: 44 months (Sep, 2028)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 22,000 km total
  • Available Now: 26,727 km/year (2,227 per month)
Deal Special Perks
  • Hot Lease Takeover Deal
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details
CAD/month x 22 months
2023 Tesla Model 3 Standard (ID: #57596)
873
Toronto
2023 Tesla

Model 3 Standard Automatique 2WD

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 873 CAD/month + tax
  • Months to End: 22 months (Nov, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 50,000 km total
  • Available Now: 16,364 km/year (1,364 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details
CAD/month x 71 months
2019 Porsche Macan (ID: #57325)
1,000
Stratford
2019 Porsche

Macan Automatique AWD S

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 1,000 CAD/month + tax
  • Months to End: 71 months (Dec, 2030)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 100,000 km total
  • Available Now: 5,352 km/year (446 per month)
See all Details
CAD/month x 43 months
2024 Tesla Model 3 Long Range (ID: #56580)
847
Burlington, ON
2024 Tesla

Model 3 Long Range Automatique AWD

  • Warranty Complete Term
Payment Details
  • Current Payment: 847 CAD/month + tax
  • Months to End: 43 months (Aug, 2028)
Vehicle Status
  • Contract Allowance: 25,000 km/year
  • Current Odometer: 4,254 km total
  • Available Now: 26,138 km/year (2,178 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details
+ 500 cash
CAD/month x 31 months
2024 Hyundai Elantra Luxury (ID: #55907)
229
mississauga
2024 Hyundai

Elantra Luxury Automatique 2WD

  • Warranty Complete Term
Payment Details
  • Current Payment: 229 CAD/month + tax
  • Cash Incentive: 500 CAD
  • Payment After Incentive: 213 CAD/month + tax
  • Months to End: 31 months (Aug, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 4,500 km total
  • Available Now: 21,484 km/year (1,790 per month)
See all Details
CAD/month x 42 months
2024 Acura TYPE S (ID: #55762)
800
Toronto
2024 Acura

TYPE S Manuelle 2WD

Payment Details
  • Current Payment: 800 CAD/month + tax
  • Original Downpayment: 3,000 CAD
  • Residual Value: 26,000 CAD
  • Months to End: 42 months (Jul, 2028)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 2,000 km total
  • Available Now: 22,286 km/year (1,857 per month)
  • Excess Km Cost: 0.10 CAD/km
See all Details