Payment Analysis

382.00CAD/monthin Regina, SK
    Before Taxes:
  • 382.00 CAD/month
  • 176.31 CAD/bi-weekly
  • 88.15 CAD/week
  • 4,584.00 CAD/year
Incl. Saskatchewan Taxes (11%):
  • 424.02 CAD/month
  • 195.70 CAD/bi-weekly
  • 97.85 CAD/week
  • 5,088.24 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: 400 CAD

compared to leasing a BRAND NEW:

  • Toyota RAV4 LE
  • for 48 months
  • in Saskatchewan
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 408
This Contract (CAD/month) 382
Monthly Difference 25 CAD/month
Remaining Term x 16 months
Total Monthly Difference = 400 CAD
Total Savings (CAD) = 400

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 18,951 CAD
  • Total Vehicle Debt: 35,377 CAD
  • Paid so Far: 16,426 CAD (46% Paid)
  • Remaining Lease Payments: 6,112 CAD
  • Residual Value: 12,839 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 16,426 CAD Total Vehicle Value: 35,377 CAD
46% Paid
54%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,112 CAD
Term Paid so Far: 16,426 CAD Residual Value: 12,839 CAD
0%
46%
17%
37%
Cost to Own
Already Paid: 16,426 CAD (46%)
Cash Incentive: 0 CAD Buyout Price Today: 18,951 CAD
46% Paid
0%
54%
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: 18,951 CAD

  • 4.9%Interest Rate x 48 months
  • 436 CAD/month + tax
  • Total Payable: 20,908 CAD
  • Total Interest: 1,956 CAD
  • 8.9%Interest Rate x 48 months
  • 471 CAD/month + tax
  • Total Payable: 22,594 CAD
  • Total Interest: 3,643 CAD
  • 14.9%Interest Rate x 48 months
  • 526 CAD/month + tax
  • Total Payable: 25,271 CAD
  • Total Interest: 6,319 CAD

At the end of the Lease Contract

Residual Value: 12,839 CAD (in 16 months)

  • 4.9%Interest Rate x 48 months
  • 295 CAD/month + tax
  • Total Payable: 14,165 CAD
  • Total Interest: 1,325 CAD
  • 8.9%Interest Rate x 48 months
  • 319 CAD/month + tax
  • Total Payable: 15,307 CAD
  • Total Interest: 2,468 CAD
  • 14.9%Interest Rate x 48 months
  • 357 CAD/month + tax
  • Total Payable: 17,121 CAD
  • Total Interest: 4,281 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)
8.41
  • + tax
  • + fuel
  • + insurance
(or 0.08CAD per km)
  • 22.92CAD/100km (Original Contract back in Aug, 2018)
Time Analysis
Cost per day: (CAD)
12.56
  • + tax
  • + insurance
  • + km driven & fuel
(0.21CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,047.60
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Aug, 2018)

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