Payment Analysis

490.00CAD/monthin Pierrefonds, QC
    Before Taxes:
  • 490.00 CAD/month
  • 226.15 CAD/bi-weekly
  • 113.08 CAD/week
  • 5,880.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 563.40 CAD/month
  • 260.03 CAD/bi-weekly
  • 130.02 CAD/week
  • 6,760.82 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: 7,330 ~ 7,730 CAD

compared to leasing a BRAND NEW:

  • Acura TLX Tech A-SPEC
  • for 24 months
  • in Quebec
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 625
This Contract (CAD/month) 490
Monthly Difference 134 CAD/month
Remaining Term x 45 months
Total Monthly Difference = 6,030 CAD
+ Cash Incentive** (CAD) + 500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 7,330 ~ 7,730
** "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: 48,550 CAD
  • Total Vehicle Debt: 46,640 CAD
  • Paid so Far: -2,410 CAD (-6% Paid)
  • Remaining Lease Payments: 22,050 CAD
  • Residual Value: 27,000 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: -2,410 CAD Total Vehicle Value: 46,640 CAD
-6% Paid
106%
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 22,050 CAD
Term Paid so Far: -4,410 CAD Residual Value: 27,000 CAD
4%
-10%
47%
59%
Cost to Own
Already Paid: -2,410 CAD (-6%)
Cash Incentive: 500 CAD Buyout Price Today: 48,550 CAD
-6% Paid
1%
105%
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: 48,550 CAD

  • 4.9%Interest Rate x 48 months
  • 1,116 CAD/month + tax
  • Total Payable: 53,562 CAD
  • Total Interest: 5,012 CAD
  • 8.9%Interest Rate x 48 months
  • 1,206 CAD/month + tax
  • Total Payable: 57,882 CAD
  • Total Interest: 9,332 CAD
  • 14.9%Interest Rate x 48 months
  • 1,349 CAD/month + tax
  • Total Payable: 64,739 CAD
  • Total Interest: 16,189 CAD

At the end of the Lease Contract

Residual Value: 27,000 CAD (in 45 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)
78.36
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
Time Analysis
Cost per day: (CAD)
15.74
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
Remaining Km
Can be driven up to:
141.03
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

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