Payment Analysis

529.62CAD/monthin Toronto, ON
    Before Taxes:
  • 529.62 CAD/month
  • 244.44 CAD/bi-weekly
  • 122.22 CAD/week
  • 6,355.44 CAD/year
Incl. Ontario Taxes (13%):
  • 598.47 CAD/month
  • 276.22 CAD/bi-weekly
  • 138.11 CAD/week
  • 7,181.65 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: 13,039 ~ 13,439 CAD

compared to leasing a BRAND NEW:

  • Q50 Trim Q50 SIGNATURE EDITION AWD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 830
This Contract (CAD/month) 530
Monthly Difference 301 CAD/month
Remaining Term x 39 months
Total Monthly Difference = 11,739 CAD
+ Cash Incentive** (CAD) + 500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 13,039 ~ 13,439
** "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: 42,254 CAD
  • Total Vehicle Debt: 50,092 CAD
  • Paid so Far: 7,338 CAD (14% Paid)
  • Remaining Lease Payments: 20,655 CAD
  • Residual Value: 22,098 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 7,338 CAD Total Vehicle Value: 50,092 CAD
14% Paid
86%
Vehicle Debt Breakdown
Downpayment: 2,572 CAD Remaining Term: 20,655 CAD
Term Paid so Far: 4,767 CAD Residual Value: 22,098 CAD
4%
10%
41%
45%
Cost to Own
Already Paid: 7,338 CAD (14%)
Cash Incentive: 500 CAD Buyout Price Today: 42,254 CAD
14% Paid
1%
85%
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: 42,254 CAD

  • 4.9%Interest Rate x 48 months
  • 971 CAD/month + tax
  • Total Payable: 46,616 CAD
  • Total Interest: 4,362 CAD
  • 8.9%Interest Rate x 48 months
  • 1,049 CAD/month + tax
  • Total Payable: 50,375 CAD
  • Total Interest: 8,121 CAD
  • 14.9%Interest Rate x 48 months
  • 1,174 CAD/month + tax
  • Total Payable: 56,343 CAD
  • Total Interest: 14,089 CAD

At the end of the Lease Contract

Residual Value: 22,098 CAD (in 39 months)

  • 4.9%Interest Rate x 48 months
  • 508 CAD/month + tax
  • Total Payable: 24,380 CAD
  • Total Interest: 2,281 CAD
  • 8.9%Interest Rate x 48 months
  • 549 CAD/month + tax
  • Total Payable: 26,346 CAD
  • Total Interest: 4,247 CAD
  • 14.9%Interest Rate x 48 months
  • 614 CAD/month + tax
  • Total Payable: 29,467 CAD
  • Total Interest: 7,369 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)
83.98
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
Time Analysis
Cost per day: (CAD)
16.99
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
Remaining Km
Can be driven up to:
142.01
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

Seller Contact Info

This Contract was Already Transferred.

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