Payment Analysis

460.97CAD/monthin Montreal, QC
    Before Taxes:
  • 460.97 CAD/month
  • 212.76 CAD/bi-weekly
  • 106.38 CAD/week
  • 5,531.64 CAD/year
Incl. Québec Taxes (14.98%):
  • 530.02 CAD/month
  • 244.63 CAD/bi-weekly
  • 122.31 CAD/week
  • 6,360.28 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: 2,980 ~ 4,280 CAD

compared to leasing a BRAND NEW:

  • Toyota RAV4 Hybrid LE AWD Automatic AWD Wear Pass
  • for 40 months
  • in QC
  • $0 down payment
  • 18,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 520
This Contract (CAD/month) 461
Monthly Difference 60 CAD/month
Remaining Term x 13 months
Total Monthly Difference = 780 CAD
+ Cash Incentive** (CAD) + 600
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,980 ~ 4,280
** "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: 22,275 CAD
  • Total Vehicle Debt: 44,509 CAD
  • Paid so Far: 21,634 CAD (48% Paid)
  • Remaining Lease Payments: 5,993 CAD
  • Residual Value: 16,882 CAD
  • Cash Incentive: 600 CAD
Vehicle Debt & Value
Paid so far: 21,634 CAD Total Vehicle Value: 44,509 CAD
48% Paid
52%
Vehicle Debt Breakdown
Downpayment: 5,500 CAD Remaining Term: 5,993 CAD
Term Paid so Far: 16,134 CAD Residual Value: 16,882 CAD
12%
36%
13%
39%
Cost to Own
Already Paid: 21,634 CAD (48%)
Cash Incentive: 600 CAD Buyout Price Today: 22,275 CAD
48% Paid
1%
51%
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: 22,275 CAD

  • 4.9%Interest Rate x 48 months
  • 512 CAD/month + tax
  • Total Payable: 24,574 CAD
  • Total Interest: 2,299 CAD
  • 8.9%Interest Rate x 48 months
  • 553 CAD/month + tax
  • Total Payable: 26,556 CAD
  • Total Interest: 4,281 CAD
  • 14.9%Interest Rate x 48 months
  • 619 CAD/month + tax
  • Total Payable: 29,702 CAD
  • Total Interest: 7,427 CAD

At the end of the Lease Contract

Residual Value: 16,882 CAD (in 13 months)

  • 4.9%Interest Rate x 48 months
  • 388 CAD/month + tax
  • Total Payable: 18,625 CAD
  • Total Interest: 1,743 CAD
  • 8.9%Interest Rate x 48 months
  • 419 CAD/month + tax
  • Total Payable: 20,127 CAD
  • Total Interest: 3,245 CAD
  • 14.9%Interest Rate x 48 months
  • 469 CAD/month + tax
  • Total Payable: 22,511 CAD
  • Total Interest: 5,629 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)
8.56
  • + tax
  • + fuel
  • + insurance
(inlcuding the 600CAD incentive)
  • 9.51CAD/100km (TODAY without the Cash Incentive)
  • 27.66CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
13.64
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 600CAD incentive)
  • 15.16CAD/day (Original Contract back in Sep, 2020)
Remaining Km
Can be driven up to:
1,118.34
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Sep, 2020)

Seller Contact Info

This Contract was Already Transferred.

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