Payment Analysis

308.00CAD/monthin Toronto, ON
    Before Taxes:
  • 308.00 CAD/month
  • 142.15 CAD/bi-weekly
  • 71.08 CAD/week
  • 3,696.00 CAD/year
Incl. Ontario Taxes (13%):
  • 348.04 CAD/month
  • 160.63 CAD/bi-weekly
  • 80.32 CAD/week
  • 4,176.48 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: 28,196 CAD
  • Total Vehicle Debt: 49,024 CAD
  • Paid so Far: 20,328 CAD (41% Paid)
  • Remaining Lease Payments: 3,696 CAD
  • Residual Value: 25,000 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 20,328 CAD Total Vehicle Value: 49,024 CAD
41% Paid
59%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,696 CAD
Term Paid so Far: 20,328 CAD Residual Value: 25,000 CAD
0%
41%
7%
52%
Cost to Own
Already Paid: 20,328 CAD (41%)
Cash Incentive: 500 CAD Buyout Price Today: 28,196 CAD
41% Paid
1%
58%
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: 28,196 CAD

  • 4.9%Interest Rate x 48 months
  • 648 CAD/month + tax
  • Total Payable: 31,107 CAD
  • Total Interest: 2,911 CAD
  • 8.9%Interest Rate x 48 months
  • 700 CAD/month + tax
  • Total Payable: 33,615 CAD
  • Total Interest: 5,419 CAD
  • 14.9%Interest Rate x 48 months
  • 783 CAD/month + tax
  • Total Payable: 37,598 CAD
  • Total Interest: 9,402 CAD

At the end of the Lease Contract

Residual Value: 25,000 CAD (in 12 months)

  • 4.9%Interest Rate x 48 months
  • 575 CAD/month + tax
  • Total Payable: 27,581 CAD
  • Total Interest: 2,581 CAD
  • 8.9%Interest Rate x 48 months
  • 621 CAD/month + tax
  • Total Payable: 29,805 CAD
  • Total Interest: 4,805 CAD
  • 14.9%Interest Rate x 48 months
  • 695 CAD/month + tax
  • Total Payable: 33,336 CAD
  • Total Interest: 8,336 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)
2.96
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 3.42CAD/100km (TODAY without the Cash Incentive)
  • 18.48CAD/100km (Original Contract back in Jun, 2017)
Time Analysis
Cost per day: (CAD)
8.76
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 10.13CAD/day (Original Contract back in Jun, 2017)
Remaining Km
Can be driven up to:
2,076.92
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Jun, 2017)

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