Payment Analysis

550.00CAD/monthin Toronto, ON
    Before Taxes:
  • 550.00 CAD/month
  • 253.85 CAD/bi-weekly
  • 126.92 CAD/week
  • 6,600.00 CAD/year
Incl. Ontario Taxes (13%):
  • 621.50 CAD/month
  • 286.85 CAD/bi-weekly
  • 143.42 CAD/week
  • 7,458.00 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: 27,960 CAD
  • Total Vehicle Debt: 45,360 CAD
  • Paid so Far: 17,400 CAD (38% Paid)
  • Remaining Lease Payments: 4,400 CAD
  • Residual Value: 23,560 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,400 CAD Total Vehicle Value: 45,360 CAD
38% Paid
62%
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 4,400 CAD
Term Paid so Far: 15,400 CAD Residual Value: 23,560 CAD
4%
34%
9%
53%
Cost to Own
Already Paid: 17,400 CAD (38%)
Cash Incentive: 0 CAD Buyout Price Today: 27,960 CAD
38% Paid
0%
62%
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: 27,960 CAD

  • 4.9%Interest Rate x 48 months
  • 643 CAD/month + tax
  • Total Payable: 30,846 CAD
  • Total Interest: 2,886 CAD
  • 8.9%Interest Rate x 48 months
  • 694 CAD/month + tax
  • Total Payable: 33,334 CAD
  • Total Interest: 5,374 CAD
  • 14.9%Interest Rate x 48 months
  • 777 CAD/month + tax
  • Total Payable: 37,283 CAD
  • Total Interest: 9,323 CAD

At the end of the Lease Contract

Residual Value: 23,560 CAD (in 8 months)

  • 4.9%Interest Rate x 48 months
  • 542 CAD/month + tax
  • Total Payable: 25,992 CAD
  • Total Interest: 2,432 CAD
  • 8.9%Interest Rate x 48 months
  • 585 CAD/month + tax
  • Total Payable: 28,088 CAD
  • Total Interest: 4,528 CAD
  • 14.9%Interest Rate x 48 months
  • 654 CAD/month + tax
  • Total Payable: 31,416 CAD
  • Total Interest: 7,856 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)
8.98
  • + tax
  • + fuel
  • + insurance
(or 0.09CAD per km)
  • 33.00CAD/100km (Original Contract back in Jul, 2022)
Time Analysis
Cost per day: (CAD)
18.08
  • + tax
  • + insurance
  • + km driven & fuel
(0.41CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,413.46
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Jul, 2022)

Seller Contact Info

This Contract was Already Transferred.

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