Payment Analysis

552.00CAD/monthin Halifax, NS
    Before Taxes:
  • 552.00 CAD/month
  • 254.77 CAD/bi-weekly
  • 127.38 CAD/week
  • 6,624.00 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 634.80 CAD/month
  • 292.98 CAD/bi-weekly
  • 146.49 CAD/week
  • 7,617.60 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: 16,016 CAD

compared to leasing a BRAND NEW:

  • Acura TLX TECH A-SPEC AWD
  • for 12 months
  • in NS
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 860
This Contract (CAD/month) 552
Monthly Difference 308 CAD/month
Remaining Term x 52 months
Total Monthly Difference = 16,016 CAD
Total Savings (CAD) = 16,016

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 55,704 CAD
  • Total Vehicle Debt: 49,320 CAD
  • Paid so Far: -6,384 CAD (-13% Paid)
  • Remaining Lease Payments: 28,704 CAD
  • Residual Value: 27,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -6,384 CAD Total Vehicle Value: 49,320 CAD
-13% Paid
113%
Vehicle Debt Breakdown
Downpayment: 3,000 CAD Remaining Term: 28,704 CAD
Term Paid so Far: -9,384 CAD Residual Value: 27,000 CAD
6%
-19%
58%
55%
Cost to Own
Already Paid: -6,384 CAD (-13%)
Cash Incentive: 0 CAD Buyout Price Today: 55,704 CAD
-13% Paid
0%
113%
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: 55,704 CAD

  • 4.9%Interest Rate x 48 months
  • 1,280 CAD/month + tax
  • Total Payable: 61,454 CAD
  • Total Interest: 5,750 CAD
  • 8.9%Interest Rate x 48 months
  • 1,384 CAD/month + tax
  • Total Payable: 66,411 CAD
  • Total Interest: 10,707 CAD
  • 14.9%Interest Rate x 48 months
  • 1,547 CAD/month + tax
  • Total Payable: 74,278 CAD
  • Total Interest: 18,574 CAD

At the end of the Lease Contract

Residual Value: 27,000 CAD (in 52 months)

  • 4.9%Interest Rate x 48 months
  • 621 CAD/month + tax
  • Total Payable: 29,787 CAD
  • Total Interest: 2,787 CAD
  • 8.9%Interest Rate x 48 months
  • 671 CAD/month + tax
  • Total Payable: 32,190 CAD
  • Total Interest: 5,190 CAD
  • 14.9%Interest Rate x 48 months
  • 750 CAD/month + tax
  • Total Payable: 36,003 CAD
  • Total Interest: 9,003 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)
71.76
  • + tax
  • + fuel
  • + insurance
(or 0.72CAD per km)
Time Analysis
Cost per day: (CAD)
18.15
  • + tax
  • + insurance
  • + km driven & fuel
(0.06CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
177.51
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD