Payment Analysis
398.23CAD/monthin Markham, ON
- 398.23 CAD/month
- 183.80 CAD/bi-weekly
- 91.90 CAD/week
- 4,778.76 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 450.00 CAD/month
- 207.69 CAD/bi-weekly
- 103.85 CAD/week
- 5,400.00 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:
1,970 ~ 2,370 CAD
compared to leasing a BRAND NEW:
- Acura ILX Premium
- for 24 months
- in Ontario
- $0 down payment
- 16,000 km/year
| Leasing New (CAD/month) | 413 |
|---|---|
| This Contract (CAD/month) | 398 |
| Monthly Difference | 15 CAD/month |
| Remaining Term | x 58 months |
| Total Monthly Difference | = 870 CAD |
| + Cash Incentive** (CAD) | + 300 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 1,970 ~ 2,370 |
| ** "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:
38,472 CAD
- Total Vehicle Debt: 34,790 CAD
- Paid so Far: -3,982 CAD (-12% Paid)
- Remaining Lease Payments: 23,097 CAD
- Residual Value: 15,675 CAD
- Cash Incentive: 300 CAD
Vehicle Debt & Value
Paid so far: -3,982 CAD Total Vehicle Value: 34,790 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 23,097 CAD
Term Paid so Far: -3,982 CAD Residual Value: 15,675 CAD
Cost to Own
Already Paid: -3,982 CAD (-12%)
Cash Incentive: 300 CAD Buyout Price Today: 38,472 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: 38,472 CAD
- 4.9%Interest Rate x 48 months
- 884 CAD/month + tax
- Total Payable: 42,444 CAD
- Total Interest: 3,972 CAD
- 8.9%Interest Rate x 48 months
- 956 CAD/month + tax
- Total Payable: 45,867 CAD
- Total Interest: 7,395 CAD
- 14.9%Interest Rate x 48 months
- 1,069 CAD/month + tax
- Total Payable: 51,301 CAD
- Total Interest: 12,828 CAD
At the end of the Lease Contract
Residual Value: 15,675 CAD (in 58 months)
- 4.9%Interest Rate x 48 months
- 360 CAD/month + tax
- Total Payable: 17,293 CAD
- Total Interest: 1,618 CAD
- 8.9%Interest Rate x 48 months
- 389 CAD/month + tax
- Total Payable: 18,688 CAD
- Total Interest: 3,013 CAD
- 14.9%Interest Rate x 48 months
- 435 CAD/month + tax
- Total Payable: 20,902 CAD
- Total Interest: 5,227 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)
103.62
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
12.92
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
87.53
- km/week
- without any
- additional costs
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