Payment Analysis

504.00CAD/monthin Toronto, ON
    Before Taxes:
  • 504.00 CAD/month
  • 232.62 CAD/bi-weekly
  • 116.31 CAD/week
  • 6,048.00 CAD/year
Incl. Ontario Taxes (13%):
  • 569.52 CAD/month
  • 262.86 CAD/bi-weekly
  • 131.43 CAD/week
  • 6,834.24 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: 33,640 CAD
  • Total Vehicle Debt: 40,192 CAD
  • Paid so Far: 6,552 CAD (16% Paid)
  • Remaining Lease Payments: 17,640 CAD
  • Residual Value: 16,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 6,552 CAD Total Vehicle Value: 40,192 CAD
16% Paid
84%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 17,640 CAD
Term Paid so Far: 6,552 CAD Residual Value: 16,000 CAD
0%
16%
44%
40%
Cost to Own
Already Paid: 6,552 CAD (16%)
Cash Incentive: 0 CAD Buyout Price Today: 33,640 CAD
16% Paid
0%
84%
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: 33,640 CAD

  • 4.9%Interest Rate x 48 months
  • 773 CAD/month + tax
  • Total Payable: 37,113 CAD
  • Total Interest: 3,473 CAD
  • 8.9%Interest Rate x 48 months
  • 836 CAD/month + tax
  • Total Payable: 40,106 CAD
  • Total Interest: 6,466 CAD
  • 14.9%Interest Rate x 48 months
  • 935 CAD/month + tax
  • Total Payable: 44,857 CAD
  • Total Interest: 11,217 CAD

At the end of the Lease Contract

Residual Value: 16,000 CAD (in 35 months)

  • 4.9%Interest Rate x 48 months
  • 368 CAD/month + tax
  • Total Payable: 17,652 CAD
  • Total Interest: 1,652 CAD
  • 8.9%Interest Rate x 48 months
  • 397 CAD/month + tax
  • Total Payable: 19,075 CAD
  • Total Interest: 3,075 CAD
  • 14.9%Interest Rate x 48 months
  • 444 CAD/month + tax
  • Total Payable: 21,335 CAD
  • Total Interest: 5,335 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)
23.46
  • + tax
  • + fuel
  • + insurance
(or 0.23CAD per km)
  • 30.24CAD/100km (Original Contract back in Dec, 2017)
Time Analysis
Cost per day: (CAD)
16.57
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
495.82
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Dec, 2017)

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