Payment Analysis
619.39CAD/monthin Ottawa/Gatineau
- 619.39 CAD/month
- 285.87 CAD/bi-weekly
- 142.94 CAD/week
- 7,432.68 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 712.17 CAD/month
- 328.70 CAD/bi-weekly
- 164.35 CAD/week
- 8,546.10 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:
3,960 CAD
compared to leasing a BRAND NEW:
- Lexus RX 350 Automatic 295 HP 3.5 L 6‑cyl
- for 36 months
- in Québec
- $0 down payment
- 16,000 km/year
| Leasing New (CAD/month) | 824 |
|---|---|
| This Contract (CAD/month) | 619 |
| Monthly Difference | 205 CAD/month |
| Remaining Term | x 12 months |
| Total Monthly Difference | = 2,460 CAD |
| + Cash Incentive** (CAD) | + 1,500 |
| Total Savings (CAD) | = 3,960 |
| ** "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:
36,200 CAD
- Total Vehicle Debt: 58,804 CAD
- Paid so Far: 21,104 CAD (35% Paid)
- Remaining Lease Payments: 7,433 CAD
- Residual Value: 30,267 CAD
- Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 21,104 CAD Total Vehicle Value: 58,804 CAD
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 7,433 CAD
Term Paid so Far: 16,104 CAD Residual Value: 30,267 CAD
Cost to Own
Already Paid: 21,104 CAD (35%)
Cash Incentive: 1,500 CAD Buyout Price Today: 36,200 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: 36,200 CAD
- 4.9%Interest Rate x 48 months
- 832 CAD/month + tax
- Total Payable: 39,937 CAD
- Total Interest: 3,737 CAD
- 8.9%Interest Rate x 48 months
- 899 CAD/month + tax
- Total Payable: 43,157 CAD
- Total Interest: 6,958 CAD
- 14.9%Interest Rate x 48 months
- 1,006 CAD/month + tax
- Total Payable: 48,270 CAD
- Total Interest: 12,071 CAD
At the end of the Lease Contract
Residual Value: 30,267 CAD (in 12 months)
- 4.9%Interest Rate x 48 months
- 696 CAD/month + tax
- Total Payable: 33,392 CAD
- Total Interest: 3,125 CAD
- 8.9%Interest Rate x 48 months
- 752 CAD/month + tax
- Total Payable: 36,084 CAD
- Total Interest: 5,817 CAD
- 14.9%Interest Rate x 48 months
- 841 CAD/month + tax
- Total Payable: 40,359 CAD
- Total Interest: 10,092 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)
12.48
- + tax
- + fuel
- + insurance
- 15.63CAD/100km (TODAY without the Cash Incentive)
- 46.45CAD/100km (Original Contract back in Feb, 2020)
Time Analysis
Cost per day: (CAD)
16.25
- + tax
- + insurance
- + km driven & fuel
- 20.36CAD/day (Original Contract back in Feb, 2020)
Remaining Km
Can be driven up to:
914.26
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Feb, 2020)
