Payment Analysis
545.00CAD/monthin Toronto, ON
- 545.00 CAD/month
- 251.54 CAD/bi-weekly
- 125.77 CAD/week
- 6,540.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 615.85 CAD/month
- 284.24 CAD/bi-weekly
- 142.12 CAD/week
- 7,390.20 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:
2,830 ~ 3,730 CAD
compared to leasing a BRAND NEW:
- Lexus IS Automatic 2019
- for 24 months
- in Ontario
- $0 down payment
- 16,000 km/year
Leasing New (CAD/month) | 603 |
---|---|
This Contract (CAD/month) | 545 |
Monthly Difference | 58 CAD/month |
Remaining Term | x 35 months |
Total Monthly Difference | = 2,030 CAD |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 2,830 ~ 3,730 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
47,075 CAD
- Total Vehicle Debt: 61,255 CAD
- Paid so Far: 14,180 CAD (23% Paid)
- Remaining Lease Payments: 19,075 CAD
- Residual Value: 28,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 14,180 CAD Total Vehicle Value: 61,255 CAD
Vehicle Debt Breakdown
Downpayment: 12,000 CAD Remaining Term: 19,075 CAD
Term Paid so Far: 2,180 CAD Residual Value: 28,000 CAD
Cost to Own
Already Paid: 14,180 CAD (23%)
Cash Incentive: 0 CAD Buyout Price Today: 47,075 CAD
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: 47,075 CAD
- 4.9%Interest Rate x 48 months
- 1,082 CAD/month + tax
- Total Payable: 51,935 CAD
- Total Interest: 4,860 CAD
- 8.9%Interest Rate x 48 months
- 1,169 CAD/month + tax
- Total Payable: 56,123 CAD
- Total Interest: 9,048 CAD
- 14.9%Interest Rate x 48 months
- 1,308 CAD/month + tax
- Total Payable: 62,772 CAD
- Total Interest: 15,697 CAD
At the end of the Lease Contract
Residual Value: 28,000 CAD (in 35 months)
- 4.9%Interest Rate x 48 months
- 644 CAD/month + tax
- Total Payable: 30,891 CAD
- Total Interest: 2,891 CAD
- 8.9%Interest Rate x 48 months
- 695 CAD/month + tax
- Total Payable: 33,382 CAD
- Total Interest: 5,382 CAD
- 14.9%Interest Rate x 48 months
- 778 CAD/month + tax
- Total Payable: 37,336 CAD
- Total Interest: 9,336 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)
50.20
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
17.92
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
250.55
- km/week
- without any
- additional costs
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