Payment Analysis
902.00CAD/monthin Mississauga, ON
- 902.00 CAD/month
- 416.31 CAD/bi-weekly
- 208.15 CAD/week
- 10,824.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 1,019.26 CAD/month
- 470.43 CAD/bi-weekly
- 235.21 CAD/week
- 12,231.12 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:
9,744 ~ 11,044 CAD
compared to leasing a BRAND NEW:
- 2023 Lexus RX 350 w/ Executive Package(+$15,000)
- for 36 months
- in Ontario
- $0 down payment
- 12,000 km/year
| Leasing New (CAD/month) | 1,411 |
|---|---|
| This Contract (CAD/month) | 902 |
| Monthly Difference | 509 CAD/month |
| Remaining Term | x 16 months |
| Total Monthly Difference | = 8,144 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 9,744 ~ 11,044 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
49,432 CAD
- Total Vehicle Debt: 81,904 CAD
- Paid so Far: 32,472 CAD (39% Paid)
- Remaining Lease Payments: 14,432 CAD
- Residual Value: 35,000 CAD
- Required Payment: 0 CAD
Vehicle Debt & Value
Paid so far: 32,472 CAD Total Vehicle Value: 81,904 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 14,432 CAD
Term Paid so Far: 32,472 CAD Residual Value: 35,000 CAD
Cost to Own
Already Paid: 32,472 CAD (39%)
Required Payment: 0 CAD (0%)Buyout Price Today: 49,432 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: 49,432 CAD
- 4.9%Interest Rate x 48 months
- 1,136 CAD/month + tax
- Total Payable: 54,535 CAD
- Total Interest: 5,103 CAD
- 8.9%Interest Rate x 48 months
- 1,228 CAD/month + tax
- Total Payable: 58,933 CAD
- Total Interest: 9,501 CAD
- 14.9%Interest Rate x 48 months
- 1,373 CAD/month + tax
- Total Payable: 65,915 CAD
- Total Interest: 16,483 CAD
At the end of the Lease Contract
Residual Value: 35,000 CAD (in 16 months)
- 4.9%Interest Rate x 48 months
- 804 CAD/month + tax
- Total Payable: 38,613 CAD
- Total Interest: 3,613 CAD
- 8.9%Interest Rate x 48 months
- 869 CAD/month + tax
- Total Payable: 41,727 CAD
- Total Interest: 6,727 CAD
- 14.9%Interest Rate x 48 months
- 972 CAD/month + tax
- Total Payable: 46,671 CAD
- Total Interest: 11,671 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)
52.16
- + tax
- + fuel
- + insurance
- 98.40CAD/100km (Original Contract back in Dec, 2021)
Time Analysis
Cost per day: (CAD)
29.65
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
399.04
- km/week
- without any
- additional costs
- 211.54km/week (Contract Original back in Dec, 2021)
Seller Contact Info
- Name: Shakuthala
- Location: Mississauga, ON
- Date Contract Started:
- Date Contract Ends:
Interested on this vehicle?
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Rim protection full term
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