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: 7,418 ~ 8,718 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 22 months
Total Monthly Difference = 4,818 CAD
+ Cash Incentive** (CAD) + 1,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 7,418 ~ 8,718
** "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: 36,873 CAD
  • Total Vehicle Debt: 45,348 CAD
  • Paid so Far: 7,475 CAD (16% Paid)
  • Remaining Lease Payments: 12,650 CAD
  • Residual Value: 25,223 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 7,475 CAD Total Vehicle Value: 45,348 CAD
16% Paid
84%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 12,650 CAD
Term Paid so Far: 7,475 CAD Residual Value: 25,223 CAD
0%
16%
28%
56%
Cost to Own
Already Paid: 7,475 CAD (16%)
Cash Incentive: 1,000 CAD Buyout Price Today: 36,873 CAD
16% Paid
2%
82%
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: 36,873 CAD

  • 4.9%Interest Rate x 48 months
  • 847 CAD/month + tax
  • Total Payable: 40,679 CAD
  • Total Interest: 3,806 CAD
  • 8.9%Interest Rate x 48 months
  • 916 CAD/month + tax
  • Total Payable: 43,960 CAD
  • Total Interest: 7,087 CAD
  • 14.9%Interest Rate x 48 months
  • 1,024 CAD/month + tax
  • Total Payable: 49,168 CAD
  • Total Interest: 12,295 CAD

At the end of the Lease Contract

Residual Value: 25,223 CAD (in 22 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)
27.85
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 30.24CAD/100km (TODAY without the Cash Incentive)
  • 34.50CAD/100km (Original Contract back in Jun, 2019)
Time Analysis
Cost per day: (CAD)
17.41
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 18.90CAD/day (Original Contract back in Jun, 2019)
Remaining Km
Can be driven up to:
438.81
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Jun, 2019)

Seller Contact Info

This Contract was Already Transferred.

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  • Warranty Complete Term
  • Winter Tires Included
Payment Details
  • Current Payment: 664 CAD/month + tax
  • Cash Incentive: 2,000 CAD
  • Payment After Incentive: 614 CAD/month + tax
  • Original Downpayment: 5,753 CAD
  • Months to End: 40 months (Aug, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 3,776 km total
  • Available Now: 22,867 km/year (1,906 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details