Payment Analysis

2,400.00CAD/monthin Toronto, ON
    Before Taxes:
  • 2,400.00 CAD/month
  • 1,107.69 CAD/bi-weekly
  • 553.85 CAD/week
  • 28,800.00 CAD/year
Incl. Ontario Taxes (13%):
  • 2,712.00 CAD/month
  • 1,251.69 CAD/bi-weekly
  • 625.85 CAD/week
  • 32,544.00 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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 193,400 CAD
  • Total Vehicle Debt: 194,600 CAD
  • Paid so Far: 21,200 CAD (10% Paid)
  • Remaining Lease Payments: 86,400 CAD
  • Residual Value: 87,000 CAD
  • Required Payment: 20,000 CAD
Vehicle Debt & Value
Paid so far: 21,200 CAD Total Vehicle Value: 194,600 CAD
10% Paid
90%
Vehicle Debt Breakdown
Downpayment: 50,000 CAD Remaining Term: 86,400 CAD
Term Paid so Far: -28,800 CAD Residual Value: 87,000 CAD
23%
-13%
44%
46%
Cost to Own
Already Paid: 21,200 CAD (10%)
Required Payment: 20,000 CAD (10%)Buyout Price Today: 193,400 CAD
0% Paid
10%
90%
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: 193,400 CAD

  • 4.9%Interest Rate x 48 months
  • 4,445 CAD/month + tax
  • Total Payable: 213,365 CAD
  • Total Interest: 19,965 CAD
  • 8.9%Interest Rate x 48 months
  • 4,804 CAD/month + tax
  • Total Payable: 230,572 CAD
  • Total Interest: 37,172 CAD
  • 14.9%Interest Rate x 48 months
  • 5,373 CAD/month + tax
  • Total Payable: 257,888 CAD
  • Total Interest: 64,488 CAD

At the end of the Lease Contract

Residual Value: 87,000 CAD (in 36 months)

  • 4.9%Interest Rate x 48 months
  • 2,000 CAD/month + tax
  • Total Payable: 95,981 CAD
  • Total Interest: 8,981 CAD
  • 8.9%Interest Rate x 48 months
  • 2,161 CAD/month + tax
  • Total Payable: 103,722 CAD
  • Total Interest: 16,722 CAD
  • 14.9%Interest Rate x 48 months
  • 2,417 CAD/month + tax
  • Total Payable: 116,010 CAD
  • Total Interest: 29,010 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)
-560.00
  • + tax
  • + fuel
  • + insurance
(inlcuding the 20,000CAD incentive)
Time Analysis
Cost per day: (CAD)
97.17
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 20,000CAD incentive)
Remaining Km
Can be driven up to:
-121.79
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD

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