Payment Analysis

530.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 530.00 CAD/month
  • 244.62 CAD/bi-weekly
  • 122.31 CAD/week
  • 6,360.00 CAD/year
Incl. Ontario Taxes (13%):
  • 598.90 CAD/month
  • 276.42 CAD/bi-weekly
  • 138.21 CAD/week
  • 7,186.80 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: 33,840 ~ 34,740 CAD

compared to leasing a BRAND NEW:

  • Infiniti Q60
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,090
This Contract (CAD/month) 530
Monthly Difference 560 CAD/month
Remaining Term x 59 months
Total Monthly Difference = 33,040 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 33,840 ~ 34,740

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 61,450 CAD
  • Total Vehicle Debt: 45,140 CAD
  • Paid so Far: -16,310 CAD (-37% Paid)
  • Remaining Lease Payments: 31,270 CAD
  • Residual Value: 30,180 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -16,310 CAD Total Vehicle Value: 45,140 CAD
-37% Paid
137%
Vehicle Debt Breakdown
Downpayment: 650 CAD Remaining Term: 31,270 CAD
Term Paid so Far: -16,960 CAD Residual Value: 30,180 CAD
1%
-38%
69%
68%
Cost to Own
Already Paid: -16,310 CAD (-37%)
Cash Incentive: 0 CAD Buyout Price Today: 61,450 CAD
-37% Paid
0%
137%
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: 61,450 CAD

  • 4.9%Interest Rate x 48 months
  • 1,412 CAD/month + tax
  • Total Payable: 67,794 CAD
  • Total Interest: 6,344 CAD
  • 8.9%Interest Rate x 48 months
  • 1,526 CAD/month + tax
  • Total Payable: 73,261 CAD
  • Total Interest: 11,811 CAD
  • 14.9%Interest Rate x 48 months
  • 1,707 CAD/month + tax
  • Total Payable: 81,940 CAD
  • Total Interest: 20,490 CAD

At the end of the Lease Contract

Residual Value: 30,180 CAD (in 59 months)

  • 4.9%Interest Rate x 48 months
  • 694 CAD/month + tax
  • Total Payable: 33,296 CAD
  • Total Interest: 3,116 CAD
  • 8.9%Interest Rate x 48 months
  • 750 CAD/month + tax
  • Total Payable: 35,981 CAD
  • Total Interest: 5,801 CAD
  • 14.9%Interest Rate x 48 months
  • 838 CAD/month + tax
  • Total Payable: 40,243 CAD
  • Total Interest: 10,063 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)
83.13
  • + tax
  • + fuel
  • + insurance
(or 0.83CAD per km)
Time Analysis
Cost per day: (CAD)
17.42
  • + tax
  • + insurance
  • + km driven & fuel
(0.06CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
147.13
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD