Payment Analysis
486.73CAD/monthin Markham, ON
- 486.73 CAD/month
- 224.64 CAD/bi-weekly
- 112.32 CAD/week
- 5,840.76 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 550.00 CAD/month
- 253.85 CAD/bi-weekly
- 126.92 CAD/week
- 6,600.06 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:
8,860 ~ 9,760 CAD
compared to leasing a BRAND NEW:
- Lexus IS 300 AWD
- for 24 months
- in Ontario
- $0 down payment
- 16,000 km/year
Leasing New (CAD/month) | 846 |
---|---|
This Contract (CAD/month) | 487 |
Monthly Difference | 360 CAD/month |
Remaining Term | x 21 months |
Total Monthly Difference | = 7,560 CAD |
+ Cash Incentive** (CAD) | + 500 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 8,860 ~ 9,760 |
** "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:
30,985 CAD
- Total Vehicle Debt: 43,874 CAD
- Paid so Far: 12,389 CAD (28% Paid)
- Remaining Lease Payments: 10,221 CAD
- Residual Value: 21,263 CAD
- Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 12,389 CAD Total Vehicle Value: 43,874 CAD
Vehicle Debt Breakdown
Downpayment: 2,655 CAD Remaining Term: 10,221 CAD
Term Paid so Far: 9,735 CAD Residual Value: 21,263 CAD
Cost to Own
Already Paid: 12,389 CAD (28%)
Cash Incentive: 500 CAD Buyout Price Today: 30,985 CAD
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: 30,985 CAD
- 4.9%Interest Rate x 48 months
- 712 CAD/month + tax
- Total Payable: 34,183 CAD
- Total Interest: 3,199 CAD
- 8.9%Interest Rate x 48 months
- 770 CAD/month + tax
- Total Payable: 36,940 CAD
- Total Interest: 5,955 CAD
- 14.9%Interest Rate x 48 months
- 861 CAD/month + tax
- Total Payable: 41,316 CAD
- Total Interest: 10,332 CAD
At the end of the Lease Contract
Residual Value: 21,263 CAD (in 21 months)
- 4.9%Interest Rate x 48 months
- 489 CAD/month + tax
- Total Payable: 23,458 CAD
- Total Interest: 2,195 CAD
- 8.9%Interest Rate x 48 months
- 528 CAD/month + tax
- Total Payable: 25,350 CAD
- Total Interest: 4,087 CAD
- 14.9%Interest Rate x 48 months
- 591 CAD/month + tax
- Total Payable: 28,353 CAD
- Total Interest: 7,090 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)
34.35
- + tax
- + fuel
- + insurance
- 36.11CAD/100km (TODAY without the Cash Incentive)
- 48.67CAD/100km (Original Contract back in Feb, 2019)
Time Analysis
Cost per day: (CAD)
15.22
- + tax
- + insurance
- + km driven & fuel
- 16.00CAD/day (Original Contract back in Feb, 2019)
Remaining Km
Can be driven up to:
311.03
- km/week
- without any
- additional costs
- 230.77km/week (Contract Original back in Feb, 2019)
Seller Contact Info
This Contract was Already Transferred.
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