Payment Analysis

575.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 575.00 CAD/month
  • 265.38 CAD/bi-weekly
  • 132.69 CAD/week
  • 6,900.00 CAD/year
Incl. Ontario Taxes (13%):
  • 649.75 CAD/month
  • 299.88 CAD/bi-weekly
  • 149.94 CAD/week
  • 7,797.00 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: 13,769 ~ 15,069 CAD

compared to leasing a BRAND NEW:

  • Acura TLX TECH A-SPEC
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 794
This Contract (CAD/month) 575
Monthly Difference 219 CAD/month
Remaining Term x 51 months
Total Monthly Difference = 11,169 CAD
+ Cash Incentive** (CAD) + 1,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 13,769 ~ 15,069
** "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: 53,548 CAD
  • Total Vehicle Debt: 45,348 CAD
  • Paid so Far: -9,200 CAD (-21% Paid)
  • Remaining Lease Payments: 29,325 CAD
  • Residual Value: 25,223 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: -9,200 CAD Total Vehicle Value: 45,348 CAD
-21% Paid
121%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 29,325 CAD
Term Paid so Far: -9,200 CAD Residual Value: 25,223 CAD
0%
-21%
65%
56%
Cost to Own
Already Paid: -9,200 CAD (-21%)
Cash Incentive: 1,000 CAD Buyout Price Today: 53,548 CAD
-21% Paid
2%
119%
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: 53,548 CAD

  • 4.9%Interest Rate x 48 months
  • 1,231 CAD/month + tax
  • Total Payable: 59,076 CAD
  • Total Interest: 5,528 CAD
  • 8.9%Interest Rate x 48 months
  • 1,330 CAD/month + tax
  • Total Payable: 63,840 CAD
  • Total Interest: 10,292 CAD
  • 14.9%Interest Rate x 48 months
  • 1,488 CAD/month + tax
  • Total Payable: 71,403 CAD
  • Total Interest: 17,855 CAD

At the end of the Lease Contract

Residual Value: 25,223 CAD (in 51 months)

  • 4.9%Interest Rate x 48 months
  • 580 CAD/month + tax
  • Total Payable: 27,827 CAD
  • Total Interest: 2,604 CAD
  • 8.9%Interest Rate x 48 months
  • 626 CAD/month + tax
  • Total Payable: 30,071 CAD
  • Total Interest: 4,848 CAD
  • 14.9%Interest Rate x 48 months
  • 701 CAD/month + tax
  • Total Payable: 33,633 CAD
  • Total Interest: 8,410 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)
67.71
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
Time Analysis
Cost per day: (CAD)
18.26
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
Remaining Km
Can be driven up to:
189.29
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Seller Contact Info

This Contract was Already Transferred.

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Payment Details
  • Current Payment: 659 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 548 CAD/month + tax
  • Residual Value: 24,995 CAD
  • Months to End: 9 months (Jun, 2027)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 40,739 km total
  • Available Now: 52,348 km/year (4,362 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.12 CAD/km
See all Details