Payment Analysis

400.00CAD/monthin Gatineau, QC
    Before Taxes:
  • 400.00 CAD/month
  • 184.62 CAD/bi-weekly
  • 92.31 CAD/week
  • 4,800.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 459.92 CAD/month
  • 212.27 CAD/bi-weekly
  • 106.14 CAD/week
  • 5,519.04 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: 20 CAD

compared to leasing a BRAND NEW:

  • Toyota Rav4 LE
  • for 48 months
  • in Quebec
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 421
This Contract (CAD/month) 400
Monthly Difference 20 CAD/month
Remaining Term x 1 months
Total Monthly Difference = 20 CAD
Total Savings (CAD) = 20

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 15,130 CAD
  • Total Vehicle Debt: 41,339 CAD
  • Paid so Far: 26,209 CAD (63% Paid)
  • Remaining Lease Payments: 400 CAD
  • Residual Value: 14,730 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 26,209 CAD Total Vehicle Value: 41,339 CAD
63% Paid
37%
Vehicle Debt Breakdown
Downpayment: 2,609 CAD Remaining Term: 400 CAD
Term Paid so Far: 23,600 CAD Residual Value: 14,730 CAD
6%
57%
0%
37%
Cost to Own
Already Paid: 26,209 CAD (63%)
Cash Incentive: 0 CAD Buyout Price Today: 15,130 CAD
63% Paid
0%
37%
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: 15,130 CAD

  • 4.9%Interest Rate x 48 months
  • 348 CAD/month + tax
  • Total Payable: 16,692 CAD
  • Total Interest: 1,562 CAD
  • 8.9%Interest Rate x 48 months
  • 376 CAD/month + tax
  • Total Payable: 18,038 CAD
  • Total Interest: 2,908 CAD
  • 14.9%Interest Rate x 48 months
  • 420 CAD/month + tax
  • Total Payable: 20,175 CAD
  • Total Interest: 5,045 CAD

At the end of the Lease Contract

Residual Value: 14,730 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 339 CAD/month + tax
  • Total Payable: 16,251 CAD
  • Total Interest: 1,521 CAD
  • 8.9%Interest Rate x 48 months
  • 366 CAD/month + tax
  • Total Payable: 17,561 CAD
  • Total Interest: 2,831 CAD
  • 14.9%Interest Rate x 48 months
  • 409 CAD/month + tax
  • Total Payable: 19,642 CAD
  • Total Interest: 4,912 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)
0.55
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 24.00CAD/100km (Original Contract back in Mar, 2019)
Time Analysis
Cost per day: (CAD)
13.15
  • + tax
  • + insurance
  • + km driven & fuel
(3.29CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
16,846.15
  • km/week
  • without any
  • additional costs
Excess km cost: 0.70CAD
  • 384.62km/week (Contract Original back in Mar, 2019)

Seller Contact Info

This Contract was Already Transferred.