Payment Analysis

614.63CAD/monthin Greater Toronto Area, ON
    Before Taxes:
  • 614.63 CAD/month
  • 283.68 CAD/bi-weekly
  • 141.84 CAD/week
  • 7,375.56 CAD/year
Incl. Ontario Taxes (13%):
  • 694.53 CAD/month
  • 320.55 CAD/bi-weekly
  • 160.28 CAD/week
  • 8,334.38 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: 41,593 CAD
  • Total Vehicle Debt: 53,467 CAD
  • Paid so Far: 11,875 CAD (22% Paid)
  • Remaining Lease Payments: 18,439 CAD
  • Residual Value: 23,154 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 11,875 CAD Total Vehicle Value: 53,467 CAD
22% Paid
78%
Vehicle Debt Breakdown
Downpayment: 811 CAD Remaining Term: 18,439 CAD
Term Paid so Far: 11,063 CAD Residual Value: 23,154 CAD
1%
21%
34%
44%
Cost to Own
Already Paid: 11,875 CAD (22%)
Cash Incentive: 0 CAD Buyout Price Today: 41,593 CAD
22% Paid
0%
78%
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: 41,593 CAD

  • 4.9%Interest Rate x 48 months
  • 956 CAD/month + tax
  • Total Payable: 45,887 CAD
  • Total Interest: 4,294 CAD
  • 8.9%Interest Rate x 48 months
  • 1,033 CAD/month + tax
  • Total Payable: 49,587 CAD
  • Total Interest: 7,994 CAD
  • 14.9%Interest Rate x 48 months
  • 1,155 CAD/month + tax
  • Total Payable: 55,462 CAD
  • Total Interest: 13,869 CAD

At the end of the Lease Contract

Residual Value: 23,154 CAD (in 30 months)

  • 4.9%Interest Rate x 48 months
  • 532 CAD/month + tax
  • Total Payable: 25,544 CAD
  • Total Interest: 2,390 CAD
  • 8.9%Interest Rate x 48 months
  • 575 CAD/month + tax
  • Total Payable: 27,604 CAD
  • Total Interest: 4,450 CAD
  • 14.9%Interest Rate x 48 months
  • 643 CAD/month + tax
  • Total Payable: 30,875 CAD
  • Total Interest: 7,721 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)
25.16
  • + tax
  • + fuel
  • + insurance
(or 0.25CAD per km)
  • 36.88CAD/100km (Original Contract back in Jul, 2018)
Time Analysis
Cost per day: (CAD)
20.21
  • + tax
  • + insurance
  • + km driven & fuel
(0.11CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
563.85
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 384.62km/week (Contract Original back in Jul, 2018)

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