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: 39,749 CAD
  • Total Vehicle Debt: 53,467 CAD
  • Paid so Far: 13,718 CAD (25% Paid)
  • Remaining Lease Payments: 16,595 CAD
  • Residual Value: 23,154 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 13,718 CAD Total Vehicle Value: 53,467 CAD
25% Paid
75%
Vehicle Debt Breakdown
Downpayment: 811 CAD Remaining Term: 16,595 CAD
Term Paid so Far: 12,907 CAD Residual Value: 23,154 CAD
1%
24%
31%
44%
Cost to Own
Already Paid: 13,718 CAD (25%)
Cash Incentive: 0 CAD Buyout Price Today: 39,749 CAD
25% Paid
0%
75%
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: 39,749 CAD

  • 4.9%Interest Rate x 48 months
  • 914 CAD/month + tax
  • Total Payable: 43,852 CAD
  • Total Interest: 4,103 CAD
  • 8.9%Interest Rate x 48 months
  • 987 CAD/month + tax
  • Total Payable: 47,389 CAD
  • Total Interest: 7,640 CAD
  • 14.9%Interest Rate x 48 months
  • 1,104 CAD/month + tax
  • Total Payable: 53,003 CAD
  • Total Interest: 13,254 CAD

At the end of the Lease Contract

Residual Value: 23,154 CAD (in 27 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)
22.64
  • + tax
  • + fuel
  • + insurance
(or 0.23CAD per km)
  • 36.88CAD/100km (Original Contract back in Jul, 2018)
Time Analysis
Cost per day: (CAD)
20.21
  • + tax
  • + insurance
  • + km driven & fuel
(0.12CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
626.50
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 384.62km/week (Contract Original back in Jul, 2018)

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