Payment Analysis

415.00CAD/monthin Toronto, ON
    Before Taxes:
  • 415.00 CAD/month
  • 191.54 CAD/bi-weekly
  • 95.77 CAD/week
  • 4,980.00 CAD/year
Incl. Ontario Taxes (13%):
  • 468.95 CAD/month
  • 216.44 CAD/bi-weekly
  • 108.22 CAD/week
  • 5,627.40 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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 23,414 CAD
  • Total Vehicle Debt: 40,514 CAD
  • Paid so Far: 16,600 CAD (40% Paid)
  • Remaining Lease Payments: 13,280 CAD
  • Residual Value: 10,634 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 16,600 CAD Total Vehicle Value: 40,514 CAD
40% Paid
60%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 13,280 CAD
Term Paid so Far: 16,600 CAD Residual Value: 10,634 CAD
0%
40%
33%
27%
Cost to Own
Already Paid: 16,600 CAD (40%)
Cash Incentive: 500 CAD Buyout Price Today: 23,414 CAD
40% Paid
1%
59%
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: 23,414 CAD

  • 4.9%Interest Rate x 48 months
  • 538 CAD/month + tax
  • Total Payable: 25,831 CAD
  • Total Interest: 2,417 CAD
  • 8.9%Interest Rate x 48 months
  • 582 CAD/month + tax
  • Total Payable: 27,915 CAD
  • Total Interest: 4,500 CAD
  • 14.9%Interest Rate x 48 months
  • 650 CAD/month + tax
  • Total Payable: 31,222 CAD
  • Total Interest: 7,807 CAD

At the end of the Lease Contract

Residual Value: 10,634 CAD (in 32 months)

  • 4.9%Interest Rate x 48 months
  • 244 CAD/month + tax
  • Total Payable: 11,732 CAD
  • Total Interest: 1,098 CAD
  • 8.9%Interest Rate x 48 months
  • 264 CAD/month + tax
  • Total Payable: 12,678 CAD
  • Total Interest: 2,044 CAD
  • 14.9%Interest Rate x 48 months
  • 295 CAD/month + tax
  • Total Payable: 14,180 CAD
  • Total Interest: 3,546 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)
9.36
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 9.73CAD/100km (TODAY without the Cash Incentive)
  • 20.75CAD/100km (Original Contract back in Feb, 2017)
Time Analysis
Cost per day: (CAD)
13.13
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 13.64CAD/day (Original Contract back in Feb, 2017)
Remaining Km
Can be driven up to:
984.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 461.54km/week (Contract Original back in Feb, 2017)

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