Payment Analysis
140.00CAD/monthin Mississauga, ON
- 140.00 CAD/month
- 64.62 CAD/bi-weekly
- 32.31 CAD/week
- 1,680.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 158.20 CAD/month
- 73.02 CAD/bi-weekly
- 36.51 CAD/week
- 1,898.40 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
With this deal, you are saving:
33,687 CAD
compared to leasing a BRAND NEW:
- Lexus RX350
- for 24 months
- in Ontario
- $0 down payment
- 16,000 km/year
Leasing New (CAD/month) | 731 |
---|---|
This Contract (CAD/month) | 140 |
Monthly Difference | 591 CAD/month |
Remaining Term | x 57 months |
Total Monthly Difference | = 33,687 CAD |
Total Savings (CAD) | = 33,687 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
42,079 CAD
- Total Vehicle Debt: 52,879 CAD
- Paid so Far: 10,800 CAD (20% Paid)
- Remaining Lease Payments: 7,980 CAD
- Residual Value: 34,099 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,800 CAD Total Vehicle Value: 52,879 CAD
Vehicle Debt Breakdown
Downpayment: 15,000 CAD Remaining Term: 7,980 CAD
Term Paid so Far: -4,200 CAD Residual Value: 34,099 CAD
Cost to Own
Already Paid: 10,800 CAD (20%)
Cash Incentive: 0 CAD Buyout Price Today: 42,079 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: 42,079 CAD
- 4.9%Interest Rate x 48 months
- 967 CAD/month + tax
- Total Payable: 46,423 CAD
- Total Interest: 4,344 CAD
- 8.9%Interest Rate x 48 months
- 1,045 CAD/month + tax
- Total Payable: 50,167 CAD
- Total Interest: 8,088 CAD
- 14.9%Interest Rate x 48 months
- 1,169 CAD/month + tax
- Total Payable: 56,110 CAD
- Total Interest: 14,031 CAD
At the end of the Lease Contract
Residual Value: 34,099 CAD (in 57 months)
- 4.9%Interest Rate x 48 months
- 784 CAD/month + tax
- Total Payable: 37,619 CAD
- Total Interest: 3,520 CAD
- 8.9%Interest Rate x 48 months
- 847 CAD/month + tax
- Total Payable: 40,653 CAD
- Total Interest: 6,554 CAD
- 14.9%Interest Rate x 48 months
- 947 CAD/month + tax
- Total Payable: 45,469 CAD
- Total Interest: 11,370 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)
32.51
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
4.60
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
99.39
- km/week
- without any
- additional costs
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