Payment Analysis

1,037.17CAD/monthin Toronto, ON
    Before Taxes:
  • 1,037.17 CAD/month
  • 478.69 CAD/bi-weekly
  • 239.35 CAD/week
  • 12,446.04 CAD/year
Incl. Ontario Taxes (13%):
  • 1,172.00 CAD/month
  • 540.92 CAD/bi-weekly
  • 270.46 CAD/week
  • 14,064.03 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: 34,188 CAD

compared to leasing a BRAND NEW:

<ul>
<li>LINCOLN CONTINENTAL RESERVE</li>
<li>for 12 months</li> 
<li>in Ontario</li> 
<li>$0 down payment</li>
<li>25,000 km/year</li>
</ul>

Savings Breakdown:
Leasing New (CAD/month) 1,851
This Contract (CAD/month) 1,037
Monthly Difference 814 CAD/month
Remaining Term x 42 months
Total Monthly Difference = 34,188 CAD
Total Savings (CAD) = 34,188

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 72,421 CAD
  • Total Vehicle Debt: 81,644 CAD
  • Paid so Far: 9,223 CAD (11% Paid)
  • Remaining Lease Payments: 43,561 CAD
  • Residual Value: 28,860 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 9,223 CAD Total Vehicle Value: 81,644 CAD
11% Paid
89%
Vehicle Debt Breakdown
Downpayment: 3,000 CAD Remaining Term: 43,561 CAD
Term Paid so Far: 6,223 CAD Residual Value: 28,860 CAD
3%
8%
53%
36%
Cost to Own
Already Paid: 9,223 CAD (11%)
Cash Incentive: 0 CAD Buyout Price Today: 72,421 CAD
11% Paid
0%
89%
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: 72,421 CAD

  • 4.9%Interest Rate x 48 months
  • 1,665 CAD/month + tax
  • Total Payable: 79,897 CAD
  • Total Interest: 7,476 CAD
  • 8.9%Interest Rate x 48 months
  • 1,799 CAD/month + tax
  • Total Payable: 86,341 CAD
  • Total Interest: 13,920 CAD
  • 14.9%Interest Rate x 48 months
  • 2,012 CAD/month + tax
  • Total Payable: 96,570 CAD
  • Total Interest: 24,148 CAD

At the end of the Lease Contract

Residual Value: 28,860 CAD (in 42 months)

  • 4.9%Interest Rate x 48 months
  • 663 CAD/month + tax
  • Total Payable: 31,839 CAD
  • Total Interest: 2,979 CAD
  • 8.9%Interest Rate x 48 months
  • 717 CAD/month + tax
  • Total Payable: 34,407 CAD
  • Total Interest: 5,547 CAD
  • 14.9%Interest Rate x 48 months
  • 802 CAD/month + tax
  • Total Payable: 38,483 CAD
  • Total Interest: 9,623 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)
121.00
  • + tax
  • + fuel
  • + insurance
(or 1.21CAD per km)
Time Analysis
Cost per day: (CAD)
34.10
  • + tax
  • + insurance
  • + km driven & fuel
(0.08CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
197.80
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Similar Listings in Toronto

CAD/month x 32 months
2022 Polestar Polestar 2 (ID: #55550)
1,120
Toronto, IN
2022 Polestar

Polestar 2 Automatique AWD

  • Winter Tires Included
Payment Details
  • Current Payment: 1,120 CAD/month + tax
  • Original Downpayment: 1,000 CAD
  • Months to End: 32 months (Aug, 2027)
Vehicle Status
  • Contract Allowance: 50,000 km/year
  • Current Odometer: 49,000 km total
  • Available Now: 73,813 km/year (6,151 per month)
See all Details
CAD/month x 12 months
2021 Infiniti Q50 Essential Tech AWD (ID: #45209)
680
Toronto, ON
2021 Infiniti

Q50 Essential Tech AWD Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 680 CAD/month + tax
  • Months to End: 12 months (Dec, 2025)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 46,000 km total
  • Available Now: 18,000 km/year (1,500 per month)
See all Details
+ 3,000 cash
CAD/month x 17 months
2024 BMW M340i (ID: #57424)
993
Toronto, ON
2024 BMW

M340i Automatique AWD

Payment Details
  • Current Payment: 993 CAD/month + tax
  • Required Payment: 3,000 CAD
  • Payment Including Incentive: 1,170 CAD/month + tax
  • Original Downpayment: 3,000 CAD
  • Residual Value: 44,730 CAD
  • Months to End: 17 months (Jun, 2026)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 8,900 km total
  • Available Now: 16,306 km/year (1,359 per month)
See all Details
CAD/month x 30 months
2023 Audi A4 Komfort (ID: #57160)
624
Markham
2023 Audi

A4 Komfort Automatique AWD

  • Wear & Tear Coverage
Payment Details
  • Current Payment: 624 CAD/month + tax
  • Original Downpayment: 5,600 CAD
  • Residual Value: 23,007 CAD
  • Months to End: 30 months (Jul, 2027)
Vehicle Status
  • Contract Allowance: 12,000 km/year
  • Current Odometer: 18,337 km total
  • Available Now: 12,265 km/year (1,022 per month)
See all Details
2022 Mercedes-Benz

Sprinter 2500 Cargo 144 Automatique 2WD

Payment Details
  • Current Payment: 875 CAD/month + tax
  • Months to End: 32 months (Aug, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 27,597 km total
  • Available Now: 27,151 km/year (2,263 per month)
See all Details
CAD/month x 21 months
2023 Mazda CX-5 GS (ID: #56323)
490
Whitby
2023 Mazda

CX-5 GS Automatique AWD

  • Warranty Complete Term
Payment Details
  • Current Payment: 490 CAD/month + tax
  • Residual Value: 20,458 CAD
  • Months to End: 21 months (Oct, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 32,000 km total
  • Available Now: 27,429 km/year (2,286 per month)
  • Excess Km Cost: 0.08 CAD/km
See all Details