Payment Analysis

430.00CAD/monthin Toronto, ON
    Before Taxes:
  • 430.00 CAD/month
  • 198.46 CAD/bi-weekly
  • 99.23 CAD/week
  • 5,160.00 CAD/year
Incl. Ontario Taxes (13%):
  • 485.90 CAD/month
  • 224.26 CAD/bi-weekly
  • 112.13 CAD/week
  • 5,830.80 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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 38,170 CAD
  • Total Vehicle Debt: 61,500 CAD
  • Paid so Far: 23,330 CAD (37% Paid)
  • Remaining Lease Payments: 8,170 CAD
  • Residual Value: 30,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 23,330 CAD Total Vehicle Value: 61,500 CAD
37% Paid
63%
Vehicle Debt Breakdown
Downpayment: 10,000 CAD Remaining Term: 8,170 CAD
Term Paid so Far: 13,330 CAD Residual Value: 30,000 CAD
15%
22%
13%
50%
Cost to Own
Already Paid: 23,330 CAD (37%)
Cash Incentive: 0 CAD Buyout Price Today: 38,170 CAD
37% Paid
0%
63%
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: 38,170 CAD

  • 4.9%Interest Rate x 48 months
  • 877 CAD/month + tax
  • Total Payable: 42,110 CAD
  • Total Interest: 3,940 CAD
  • 8.9%Interest Rate x 48 months
  • 948 CAD/month + tax
  • Total Payable: 45,506 CAD
  • Total Interest: 7,336 CAD
  • 14.9%Interest Rate x 48 months
  • 1,060 CAD/month + tax
  • Total Payable: 50,898 CAD
  • Total Interest: 12,728 CAD

At the end of the Lease Contract

Residual Value: 30,000 CAD (in 19 months)

  • 4.9%Interest Rate x 48 months
  • 690 CAD/month + tax
  • Total Payable: 33,097 CAD
  • Total Interest: 3,097 CAD
  • 8.9%Interest Rate x 48 months
  • 745 CAD/month + tax
  • Total Payable: 35,766 CAD
  • Total Interest: 5,766 CAD
  • 14.9%Interest Rate x 48 months
  • 833 CAD/month + tax
  • Total Payable: 40,003 CAD
  • Total Interest: 10,003 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)
11.16
  • + tax
  • + fuel
  • + insurance
(or 0.11CAD per km)
  • 28.67CAD/100km (Original Contract back in Apr, 2019)
Time Analysis
Cost per day: (CAD)
14.14
  • + tax
  • + insurance
  • + km driven & fuel
(0.17CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
889.07
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 346.15km/week (Contract Original back in Apr, 2019)

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