Payment Analysis

619.47CAD/monthin Toronto, ON
    Before Taxes:
  • 619.47 CAD/month
  • 285.91 CAD/bi-weekly
  • 142.95 CAD/week
  • 7,433.64 CAD/year
Incl. Ontario Taxes (13%):
  • 700.00 CAD/month
  • 323.08 CAD/bi-weekly
  • 161.54 CAD/week
  • 8,400.01 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: 44,670 CAD
  • Total Vehicle Debt: 48,767 CAD
  • Paid so Far: 4,097 CAD (8% Paid)
  • Remaining Lease Payments: 20,443 CAD
  • Residual Value: 24,228 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 4,097 CAD Total Vehicle Value: 48,767 CAD
8% Paid
92%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 20,443 CAD
Term Paid so Far: 3,097 CAD Residual Value: 24,228 CAD
1%
7%
42%
50%
Cost to Own
Already Paid: 4,097 CAD (8%)
Cash Incentive: 0 CAD Buyout Price Today: 44,670 CAD
8% Paid
0%
92%
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: 44,670 CAD

  • 4.9%Interest Rate x 48 months
  • 1,027 CAD/month + tax
  • Total Payable: 49,281 CAD
  • Total Interest: 4,611 CAD
  • 8.9%Interest Rate x 48 months
  • 1,109 CAD/month + tax
  • Total Payable: 53,256 CAD
  • Total Interest: 8,586 CAD
  • 14.9%Interest Rate x 48 months
  • 1,241 CAD/month + tax
  • Total Payable: 59,565 CAD
  • Total Interest: 14,895 CAD

At the end of the Lease Contract

Residual Value: 24,228 CAD (in 33 months)

  • 4.9%Interest Rate x 48 months
  • 557 CAD/month + tax
  • Total Payable: 26,729 CAD
  • Total Interest: 2,501 CAD
  • 8.9%Interest Rate x 48 months
  • 602 CAD/month + tax
  • Total Payable: 28,884 CAD
  • Total Interest: 4,657 CAD
  • 14.9%Interest Rate x 48 months
  • 673 CAD/month + tax
  • Total Payable: 32,306 CAD
  • Total Interest: 8,079 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)
38.72
  • + tax
  • + fuel
  • + insurance
(or 0.39CAD per km)
Time Analysis
Cost per day: (CAD)
20.37
  • + tax
  • + insurance
  • + km driven & fuel
(0.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
369.23
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD

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