Payment Analysis
1,003.17CAD/monthin Toronto, ON
- 1,003.17 CAD/month
- 463.00 CAD/bi-weekly
- 231.50 CAD/week
- 12,038.04 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 1,133.58 CAD/month
- 523.19 CAD/bi-weekly
- 261.60 CAD/week
- 13,602.99 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:
-2,581 ~ -1,681 CAD
compared to leasing a BRAND NEW:
- Land Rover Velar R-Dynamic S Automatic AWD R-Dynamic black package
- for 36 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 1,294 |
|---|---|
| This Contract (CAD/month) | 1,003 |
| Monthly Difference | 291 CAD/month |
| Remaining Term | x 9 months |
| Total Monthly Difference | = 2,619 CAD |
| - Required Payment** (CAD) | - 6,000 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = -2,581 ~ -1,681 |
| ** The Required Payment from the vehicle owner. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
55,897 CAD
- Total Vehicle Debt: 88,193 CAD
- Paid so Far: 38,296 CAD (43% Paid)
- Remaining Lease Payments: 9,029 CAD
- Residual Value: 40,868 CAD
- Required Payment: 6,000 CAD
Vehicle Debt & Value
Paid so far: 38,296 CAD Total Vehicle Value: 88,193 CAD
Vehicle Debt Breakdown
Downpayment: 6,195 CAD Remaining Term: 9,029 CAD
Term Paid so Far: 32,101 CAD Residual Value: 40,868 CAD
Cost to Own
Already Paid: 38,296 CAD (43%)
Required Payment: 6,000 CAD (6%)Buyout Price Today: 55,897 CAD
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: 55,897 CAD
- 4.9%Interest Rate x 48 months
- 1,285 CAD/month + tax
- Total Payable: 61,667 CAD
- Total Interest: 5,770 CAD
- 8.9%Interest Rate x 48 months
- 1,388 CAD/month + tax
- Total Payable: 66,640 CAD
- Total Interest: 10,744 CAD
- 14.9%Interest Rate x 48 months
- 1,553 CAD/month + tax
- Total Payable: 74,535 CAD
- Total Interest: 18,638 CAD
At the end of the Lease Contract
Residual Value: 40,868 CAD (in 9 months)
- 4.9%Interest Rate x 48 months
- 939 CAD/month + tax
- Total Payable: 45,087 CAD
- Total Interest: 4,219 CAD
- 8.9%Interest Rate x 48 months
- 1,015 CAD/month + tax
- Total Payable: 48,723 CAD
- Total Interest: 7,855 CAD
- 14.9%Interest Rate x 48 months
- 1,135 CAD/month + tax
- Total Payable: 54,495 CAD
- Total Interest: 13,627 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)
24.50
- + tax
- + fuel
- + insurance
- 14.72CAD/100km (TODAY without the Cash Incentive)
- 60.19CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
54.90
- + tax
- + insurance
- + km driven & fuel
- 32.98CAD/day (Original Contract back in Sep, 2020)
Remaining Km
Can be driven up to:
1,572.65
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Sep, 2020)
Seller Contact Info
This Contract was Already Transferred.
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