Acura Lease Takeover in Toronto, ON: 2019 Acura TLX A-Spec Elite W/ Red Leather Automatique AWD ID:#29212 • LeaseCosts Canada

Payment Analysis

592.03CAD/monthin Toronto, ON

Before Taxes:

592.03 CAD/month
273.24 CAD/bi-weekly
136.62 CAD/week
7,104.36 CAD/year

Incl. Ontario Taxes (13%):

668.99 CAD/month
308.77 CAD/bi-weekly
154.38 CAD/week
8,027.93 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: 16,720 CAD

compared to leasing a BRAND NEW:

Acura TLX A-SPEC w/ Red Leather Automatic AWD
for 12 months
in Ontario
$0 down payment
20,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	1,116
This Contract (CAD/month)	592
Monthly Difference	524 CAD/month
Remaining Term	x 30 months
Total Monthly Difference	= 15,720 CAD
+ Cash Incentive** (CAD)	+ 1,000
Total Savings (CAD)	= 16,720
	** "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: 43,892 CAD

Total Vehicle Debt: 48,444 CAD
Paid so Far: 3,552 CAD (7% Paid)
Remaining Lease Payments: 17,761 CAD
Residual Value: 27,131 CAD
Cash Incentive: 1,000 CAD

Vehicle Debt & Value

Paid so far: 3,552 CAD Total Vehicle Value: 48,444 CAD

7% Paid

93%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 17,761 CAD

Term Paid so Far: 3,552 CAD Residual Value: 27,131 CAD

36%

57%

Cost to Own

Already Paid: 3,552 CAD (7%)

Cash Incentive: 1,000 CAD Buyout Price Today: 43,892 CAD

7% Paid

91%

Additional Financing Details

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: 43,892 CAD

4.9%Interest Rate x 48 months
1,009 CAD/month + tax
Total Payable: 48,423 CAD
Total Interest: 4,531 CAD

8.9%Interest Rate x 48 months
1,090 CAD/month + tax
Total Payable: 52,328 CAD
Total Interest: 8,436 CAD

14.9%Interest Rate x 48 months
1,219 CAD/month + tax
Total Payable: 58,527 CAD
Total Interest: 14,635 CAD

At the end of the Lease Contract

Residual Value: 27,131 CAD (in 30 months)

4.9%Interest Rate x 48 months
624 CAD/month + tax
Total Payable: 29,931 CAD
Total Interest: 2,801 CAD

8.9%Interest Rate x 48 months
674 CAD/month + tax
Total Payable: 32,345 CAD
Total Interest: 5,215 CAD

14.9%Interest Rate x 48 months
754 CAD/month + tax
Total Payable: 36,177 CAD
Total Interest: 9,047 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)