Payment Analysis
561.28CAD/monthin Toronto, ON
- 561.28 CAD/month
- 259.05 CAD/bi-weekly
- 129.53 CAD/week
- 6,735.36 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 634.25 CAD/month
- 292.73 CAD/bi-weekly
- 146.36 CAD/week
- 7,610.96 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:
19,122 CAD
compared to leasing a BRAND NEW:
- Q60 Trim Q60 3.0T SPORT AWD
- for 24 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 1,094 |
|---|---|
| This Contract (CAD/month) | 561 |
| Monthly Difference | 533 CAD/month |
| Remaining Term | x 34 months |
| Total Monthly Difference | = 18,122 CAD |
| + Cash Incentive** (CAD) | + 1,000 |
| Total Savings (CAD) | = 19,122 |
| ** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
39,702 CAD
- Total Vehicle Debt: 48,559 CAD
- Paid so Far: 7,858 CAD (16% Paid)
- Remaining Lease Payments: 19,084 CAD
- Residual Value: 21,618 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 7,858 CAD Total Vehicle Value: 48,559 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 19,084 CAD
Term Paid so Far: 7,858 CAD Residual Value: 21,618 CAD
Cost to Own
Already Paid: 7,858 CAD (16%)
Cash Incentive: 1,000 CAD Buyout Price Today: 39,702 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: 39,702 CAD
- 4.9%Interest Rate x 48 months
- 913 CAD/month + tax
- Total Payable: 43,800 CAD
- Total Interest: 4,099 CAD
- 8.9%Interest Rate x 48 months
- 986 CAD/month + tax
- Total Payable: 47,332 CAD
- Total Interest: 7,631 CAD
- 14.9%Interest Rate x 48 months
- 1,103 CAD/month + tax
- Total Payable: 52,940 CAD
- Total Interest: 13,238 CAD
At the end of the Lease Contract
Residual Value: 21,618 CAD (in 34 months)
- 4.9%Interest Rate x 48 months
- 497 CAD/month + tax
- Total Payable: 23,850 CAD
- Total Interest: 2,232 CAD
- 8.9%Interest Rate x 48 months
- 537 CAD/month + tax
- Total Payable: 25,773 CAD
- Total Interest: 4,155 CAD
- 14.9%Interest Rate x 48 months
- 601 CAD/month + tax
- Total Payable: 28,826 CAD
- Total Interest: 7,208 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)
37.67
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
17.49
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
325.79
- km/week
- without any
- additional costs
Similar Listings in Toronto
SAVE ~1,100 CAD
2023 Hyundai
IONIQ 6 ULTIMATE Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included
Payment Details
- Current Payment: 910 CAD/month + tax
- Months to End: 42 months (Sep, 2028)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 22,000 km total
- Available Now: 28,000 km/year (2,333 per month)
Deal Special Perks
2019 Mercedes-Benz
A220 Automatique AWD Night package
Payment Details
- Current Payment: 323 CAD/month + tax
- Months to End: 48 months (Mar, 2029)
Vehicle Status
- Contract Allowance: 0 km/year
- Current Odometer: 96,000 km total
- Available Now: -24,000 km/year (-2,000 per month)
2023 Tesla
Tesla Model Y Long Range Automatique AWD
Payment Details
- Current Payment: 854 CAD/month + tax
- Original Downpayment: 11,000 CAD
- Months to End: 21 months (Nov, 2026)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 43,508 km total
- Available Now: 11,710 km/year (976 per month)
2023 Tesla
Y LONG RANGE Automatique AWD
Payment Details
- Current Payment: 871 CAD/month + tax
- Original Downpayment: 10,315 CAD
- Months to End: 29 months (Aug, 2027)
Vehicle Status
- Contract Allowance: 25,000 km/year
- Current Odometer: 44,430 km total
- Available Now: 22,994 km/year (1,916 per month)
2024 BMW
M440i Gran Coupe Legacy Edition 1/300 Automatique AWD
Payment Details
- Current Payment: 1,219 CAD/month + tax
- Months to End: 35 months (Jan, 2028)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 12,300 km total
- Available Now: 23,211 km/year (1,934 per month)
+ 1,500 cash
2024 BMW
M440i Gran Coupe Legacy Edition 1/300 Automatique AWD
Payment Details
- Current Payment: 1,219 CAD/month + tax
- Cash Incentive: 1,500 CAD
- Payment After Incentive: 1,176 CAD/month + tax
- Months to End: 35 months (Jan, 2028)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 12,300 km total
- Available Now: 23,211 km/year (1,934 per month)
