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Transfer Details

+ 5,000 cash
Tesla Lease Takeover in Toronto, ON: 2020 Tesla Model 3 SR+ Automatic 2WD
SAVE ~22,300 CAD
CAD/month x 47 months
2021 Tesla Model 3 SR+ (ID: #15758)
706
Toronto, ON
2021 Tesla

Model 3 SR+ Automatic 2WD BRAND NEW - 48 MONTHS LEASE | Delivered by Tesla Canada | w/ Warranty Complete Term (vehicle can be returned with up to 64,000km) | DELIVERY EARLY 2022

  • Warranty Complete Term
Payment Details
  • Current Payment: 706 CAD/month + tax
  • Cash Incentive: 5,000 CAD
  • Payment After Incentive: 600 CAD/month + tax
  • Original Downpayment: 800 CAD
  • Residual Value: 19,976 CAD
  • Months to End: 47 months (Sep, 2025)
Vehicle Status
  • Contract Allowance: 25,000 km/year
  • Current Odometer: 0 km total
  • Available Now: 25,532 km/year (2,128 per month)
Deal Special Perks
  • Brand New Vehicle
  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • Large Down Payment
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
Click here to Make an OFFER Ask a QUESTION

Payment Analysis

706.00CAD/monthin Toronto, ON
    Before Taxes:
  • 706.00 CAD/month
  • 325.85 CAD/bi-weekly
  • 162.92 CAD/week
  • 8,472.00 CAD/year
Incl. Ontario Taxes (13%):
  • 797.78 CAD/month
  • 368.21 CAD/bi-weekly
  • 184.10 CAD/week
  • 9,573.36 CAD/year

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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: 22,296 CAD

compared to leasing a BRAND NEW:

  • Tesla Model 3 Standard Plus Rear-Wheel Drive (financed) with the $5,000 incentive applied
  • for 48 months
  • in Ontario
  • $2,500 required down payment
  • 40,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,074
This Contract (CAD/month) 706
Monthly Difference 368 CAD/month
Remaining Term x 47 months
Total Monthly Difference = 17,296 CAD
+ Cash Incentive** (CAD) + 5,000
Total Savings (CAD) = 22,296
** "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: 48,158 CAD
  • Total Vehicle Debt: 54,664 CAD
  • Paid so Far: 1,506 CAD (2% Paid)
  • Remaining Lease Payments: 33,182 CAD
  • Residual Value: 19,976 CAD
  • Cash Incentive: 5,000 CAD
Vehicle Debt & Value
Paid so far: 1,506 CAD Total Vehicle Value: 54,664 CAD
2% Paid
98%
Vehicle Debt Breakdown
Downpayment: 800 CAD Remaining Term: 33,182 CAD
Term Paid so Far: 706 CAD Residual Value: 19,976 CAD
1%
1%
61%
37%
Cost to Own
Already Paid: 1,506 CAD (2%)
Cash Incentive: 5,000 CAD Buyout Price Today: 48,158 CAD
2% Paid
9%
89%
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: 48,158 CAD

  • 4.9%Interest Rate x 48 months
  • 1,107 CAD/month + tax
  • Total Payable: 53,130 CAD
  • Total Interest: 4,972 CAD
  • 8.9%Interest Rate x 48 months
  • 1,196 CAD/month + tax
  • Total Payable: 57,415 CAD
  • Total Interest: 9,256 CAD
  • 14.9%Interest Rate x 48 months
  • 1,338 CAD/month + tax
  • Total Payable: 64,217 CAD
  • Total Interest: 16,058 CAD

At the end of the Lease Contract

Residual Value: 19,976 CAD (in 47 months)

  • 4.9%Interest Rate x 48 months
  • 459 CAD/month + tax
  • Total Payable: 22,039 CAD
  • Total Interest: 2,062 CAD
  • 8.9%Interest Rate x 48 months
  • 496 CAD/month + tax
  • Total Payable: 23,816 CAD
  • Total Interest: 3,840 CAD
  • 14.9%Interest Rate x 48 months
  • 555 CAD/month + tax
  • Total Payable: 26,637 CAD
  • Total Interest: 6,661 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)
28.18
  • + tax
  • + fuel
  • + insurance
(inlcuding the 5,000CAD incentive)
  • 33.18CAD/100km (TODAY without the Cash Incentive)
  • 33.89CAD/100km (Original Contract back in Sep, 2021)
Time Analysis
Cost per day: (CAD)
19.71
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 5,000CAD incentive)
  • 23.21CAD/day (Original Contract back in Sep, 2021)
Remaining Km
Can be driven up to:
491.00
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 480.77km/week (Contract Original back in Sep, 2021)

Seller Contact Info

  • Name: Tesla Canada | Leasing anywhere in Canada
  • Location: Toronto, ON
  • Date Contract Started:
  • Date Contract Ends:

Interested on this vehicle?
(We instantly notify owners via Email/SMS)

Click here to Make an OFFER

The vehicle is brand new and will be delivered at your place by Tesla Canada.

You will get the $5,000 cash incentive from the iZEV Program from the Federal Government (https://tc.canada.ca/en/road-transportation/innovative-technologies/zero-emission-vehicles/list-eligible-vehicles-under-izev-program)

You will also get the $8,000 rebate for vehicles with a base price under $60,000 plus:
- Reserved lane access (with official EV decal)
- Sign-up for free toll bridges and ferry access
- Up to $600 rebate on Wall Connector and installation
https://vehiculeselectriques.gouv.qc.ca/english/rabais/ve-neuf/vehicules-neufs-admissibles.asp

Just need to put $800 down with Tesla Canada to take this brand new Tesla delivered at your home.
Self-driving features, colour change and anything else can be added but will obviously modify the price.

Estimated Delivery 5-9 weeks.

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