Payment Analysis

349.00CAD/monthin Greater Toronto Area, ON
    Before Taxes:
  • 349.00 CAD/month
  • 161.08 CAD/bi-weekly
  • 80.54 CAD/week
  • 4,188.00 CAD/year
Incl. Ontario Taxes (13%):
  • 394.37 CAD/month
  • 182.02 CAD/bi-weekly
  • 91.01 CAD/week
  • 4,732.44 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: 12,224 CAD
  • Total Vehicle Debt: 30,278 CAD
  • Paid so Far: 16,054 CAD (53% Paid)
  • Remaining Lease Payments: 4,886 CAD
  • Residual Value: 9,338 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 16,054 CAD Total Vehicle Value: 30,278 CAD
53% Paid
47%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,886 CAD
Term Paid so Far: 16,054 CAD Residual Value: 9,338 CAD
0%
53%
16%
31%
Cost to Own
Already Paid: 16,054 CAD (53%)
Cash Incentive: 2,000 CAD Buyout Price Today: 12,224 CAD
53% Paid
6%
41%
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: 12,224 CAD

  • 4.9%Interest Rate x 48 months
  • 281 CAD/month + tax
  • Total Payable: 13,486 CAD
  • Total Interest: 1,262 CAD
  • 8.9%Interest Rate x 48 months
  • 304 CAD/month + tax
  • Total Payable: 14,574 CAD
  • Total Interest: 2,350 CAD
  • 14.9%Interest Rate x 48 months
  • 340 CAD/month + tax
  • Total Payable: 16,300 CAD
  • Total Interest: 4,076 CAD

At the end of the Lease Contract

Residual Value: 9,338 CAD (in 14 months)

  • 4.9%Interest Rate x 48 months
  • 215 CAD/month + tax
  • Total Payable: 10,302 CAD
  • Total Interest: 964 CAD
  • 8.9%Interest Rate x 48 months
  • 232 CAD/month + tax
  • Total Payable: 11,133 CAD
  • Total Interest: 1,795 CAD
  • 14.9%Interest Rate x 48 months
  • 259 CAD/month + tax
  • Total Payable: 12,452 CAD
  • Total Interest: 3,114 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)
3.17
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 5.37CAD/100km (TODAY without the Cash Incentive)
  • 20.94CAD/100km (Original Contract back in Sep, 2018)
Time Analysis
Cost per day: (CAD)
6.78
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 11.47CAD/day (Original Contract back in Sep, 2018)
Remaining Km
Can be driven up to:
1,500.00
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Sep, 2018)

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