Payment Analysis
688.35CAD/monthin Burlington, ON
- 688.35 CAD/month
- 317.70 CAD/bi-weekly
- 158.85 CAD/week
- 8,260.20 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 777.84 CAD/month
- 359.00 CAD/bi-weekly
- 179.50 CAD/week
- 9,334.03 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:
4,410 CAD
compared to leasing a BRAND NEW:
- Lexus RX
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 794 |
---|---|
This Contract (CAD/month) | 688 |
Monthly Difference | 105 CAD/month |
Remaining Term | x 42 months |
Total Monthly Difference | = 4,410 CAD |
Total Savings (CAD) | = 4,410 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
57,981 CAD
- Total Vehicle Debt: 61,422 CAD
- Paid so Far: 3,442 CAD (5% Paid)
- Remaining Lease Payments: 28,911 CAD
- Residual Value: 29,070 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 3,442 CAD Total Vehicle Value: 61,422 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 28,911 CAD
Term Paid so Far: 3,442 CAD Residual Value: 29,070 CAD
Cost to Own
Already Paid: 3,442 CAD (5%)
Cash Incentive: 0 CAD Buyout Price Today: 57,981 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: 57,981 CAD
- 4.9%Interest Rate x 48 months
- 1,333 CAD/month + tax
- Total Payable: 63,966 CAD
- Total Interest: 5,986 CAD
- 8.9%Interest Rate x 48 months
- 1,440 CAD/month + tax
- Total Payable: 69,125 CAD
- Total Interest: 11,144 CAD
- 14.9%Interest Rate x 48 months
- 1,611 CAD/month + tax
- Total Payable: 77,314 CAD
- Total Interest: 19,333 CAD
At the end of the Lease Contract
Residual Value: 29,070 CAD (in 42 months)
- 4.9%Interest Rate x 48 months
- 668 CAD/month + tax
- Total Payable: 32,071 CAD
- Total Interest: 3,001 CAD
- 8.9%Interest Rate x 48 months
- 722 CAD/month + tax
- Total Payable: 34,657 CAD
- Total Interest: 5,587 CAD
- 14.9%Interest Rate x 48 months
- 808 CAD/month + tax
- Total Payable: 38,763 CAD
- Total Interest: 9,693 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)
63.77
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
22.63
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
249.08
- km/week
- without any
- additional costs
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