Payment Analysis

540.00CAD/monthin Toronto, ON
    Before Taxes:
  • 540.00 CAD/month
  • 249.23 CAD/bi-weekly
  • 124.62 CAD/week
  • 6,480.00 CAD/year
Incl. Ontario Taxes (13%):
  • 610.20 CAD/month
  • 281.63 CAD/bi-weekly
  • 140.82 CAD/week
  • 7,322.40 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: 6,492 ~ 7,392 CAD

compared to leasing a BRAND NEW:

  • Acura TLX AWD A-SPEC
  • for 30 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 666
This Contract (CAD/month) 540
Monthly Difference 126 CAD/month
Remaining Term x 38 months
Total Monthly Difference = 4,788 CAD
+ Cash Incentive** (CAD) + 904
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,492 ~ 7,392
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 45,616 CAD
  • Total Vehicle Debt: 46,636 CAD
  • Paid so Far: 116 CAD (0% Paid)
  • Remaining Lease Payments: 20,520 CAD
  • Residual Value: 26,000 CAD
  • Cash Incentive: 904 CAD
Vehicle Debt & Value
Paid so far: 116 CAD Total Vehicle Value: 46,636 CAD
0% Paid
100%
Vehicle Debt Breakdown
Downpayment: 1,196 CAD Remaining Term: 20,520 CAD
Term Paid so Far: -1,080 CAD Residual Value: 26,000 CAD
0%
0%
44%
56%
Cost to Own
Already Paid: 116 CAD (0%)
Cash Incentive: 904 CAD Buyout Price Today: 45,616 CAD
0% Paid
1%
99%
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: 45,616 CAD

  • 4.9%Interest Rate x 48 months
  • 1,048 CAD/month + tax
  • Total Payable: 50,325 CAD
  • Total Interest: 4,709 CAD
  • 8.9%Interest Rate x 48 months
  • 1,133 CAD/month + tax
  • Total Payable: 54,384 CAD
  • Total Interest: 8,768 CAD
  • 14.9%Interest Rate x 48 months
  • 1,267 CAD/month + tax
  • Total Payable: 60,826 CAD
  • Total Interest: 15,210 CAD

At the end of the Lease Contract

Residual Value: 26,000 CAD (in 38 months)

  • 4.9%Interest Rate x 48 months
  • 598 CAD/month + tax
  • Total Payable: 28,684 CAD
  • Total Interest: 2,684 CAD
  • 8.9%Interest Rate x 48 months
  • 646 CAD/month + tax
  • Total Payable: 30,997 CAD
  • Total Interest: 4,997 CAD
  • 14.9%Interest Rate x 48 months
  • 722 CAD/month + tax
  • Total Payable: 34,670 CAD
  • Total Interest: 8,670 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)
36.33
  • + tax
  • + fuel
  • + insurance
(inlcuding the 904CAD incentive)
Time Analysis
Cost per day: (CAD)
16.97
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 904CAD incentive)
Remaining Km
Can be driven up to:
327.94
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

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