Payment Analysis
477.87CAD/monthin Toronto, ON
- 477.87 CAD/month
- 220.56 CAD/bi-weekly
- 110.28 CAD/week
- 5,734.44 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 539.99 CAD/month
- 249.23 CAD/bi-weekly
- 124.61 CAD/week
- 6,479.92 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:
-16,837 ~ -15,937 CAD
compared to leasing a BRAND NEW:
- 2023 MDX PLATINUM ELITE
- for 36 months
- in Ontario
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 1,428 |
---|---|
This Contract (CAD/month) | 478 |
Monthly Difference | 951 CAD/month |
Remaining Term | x 13 months |
Total Monthly Difference | = 12,363 CAD |
- Required Payment** (CAD) | - 30,000 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = -16,837 ~ -15,937 |
** The Required Payment from the vehicle owner. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
54,933 CAD
- Total Vehicle Debt: 73,658 CAD
- Paid so Far: 48,725 CAD (66% Paid)
- Remaining Lease Payments: 6,212 CAD
- Residual Value: 18,720 CAD
- Required Payment: 30,000 CAD
Vehicle Debt & Value
Paid so far: 48,725 CAD Total Vehicle Value: 73,658 CAD
Vehicle Debt Breakdown
Downpayment: 32,000 CAD Remaining Term: 6,212 CAD
Term Paid so Far: 16,725 CAD Residual Value: 18,720 CAD
Cost to Own
Already Paid: 48,725 CAD (66%)
Required Payment: 30,000 CAD (40%)Buyout Price Today: 54,933 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: 54,933 CAD
- 4.9%Interest Rate x 48 months
- 1,263 CAD/month + tax
- Total Payable: 60,603 CAD
- Total Interest: 5,671 CAD
- 8.9%Interest Rate x 48 months
- 1,364 CAD/month + tax
- Total Payable: 65,491 CAD
- Total Interest: 10,558 CAD
- 14.9%Interest Rate x 48 months
- 1,526 CAD/month + tax
- Total Payable: 73,249 CAD
- Total Interest: 18,317 CAD
At the end of the Lease Contract
Residual Value: 18,720 CAD (in 13 months)
- 4.9%Interest Rate x 48 months
- 430 CAD/month + tax
- Total Payable: 20,653 CAD
- Total Interest: 1,933 CAD
- 8.9%Interest Rate x 48 months
- 465 CAD/month + tax
- Total Payable: 22,318 CAD
- Total Interest: 3,598 CAD
- 14.9%Interest Rate x 48 months
- 520 CAD/month + tax
- Total Payable: 24,962 CAD
- Total Interest: 6,242 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)
50.75
- + tax
- + fuel
- + insurance
- 8.71CAD/100km (TODAY without the Cash Incentive)
- 23.89CAD/100km (Original Contract back in May, 2022)
Time Analysis
Cost per day: (CAD)
91.58
- + tax
- + insurance
- + km driven & fuel
- 15.71CAD/day (Original Contract back in May, 2022)
Remaining Km
Can be driven up to:
1,266.67
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in May, 2022)
Seller Contact Info
- Name: Mohamed Elgendy
- Location: Toronto, ON
- Date Contract Started:
- Date Contract Ends:
Interested on this vehicle?
(We instantly notify owners via Email/SMS)
Acura 20” Wheel Glint Black Rims - $4080.80
Acura Precision Pro 48M/96,000Km - $1798
Rust Module/Paint/Interior - $2007
Acura Tire and Rim Protection – 48 Months
Finished in Liquid Carbon Metallic on Brown Leather interior, 3rd Row Seating, Air Conditioning, All Wheel Drive, Backup Camera, Blind Spot Detection, Bluetooth, Bluetooth Music Audio, Cruise Control, Dual Climate Control, Heated Seats, Heated Side View Mirrors, Heated Steering Wheel, Navigation, Power Side View Mirrors, Push Button Start, Remote Start, Running Boards, Steering Wheel Controls, Sunroof, Tinted Windows, Vented Seats, Push Button Shifting, Driver Memory Seat, Power Driver Seat.
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