Payment Analysis

560.25CAD/monthin Markham, ON
    Before Taxes:
  • 560.25 CAD/month
  • 258.58 CAD/bi-weekly
  • 129.29 CAD/week
  • 6,723.00 CAD/year
Incl. Ontario Taxes (13%):
  • 633.08 CAD/month
  • 292.19 CAD/bi-weekly
  • 146.10 CAD/week
  • 7,596.99 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: 5,192 CAD

compared to leasing a BRAND NEW:

  • Tacoma 4x4 Double Cab 6A SB w/ TRD Off RD Premium
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 836
This Contract (CAD/month) 560
Monthly Difference 276 CAD/month
Remaining Term x 17 months
Total Monthly Difference = 4,692 CAD
+ Cash Incentive** (CAD) + 500
Total Savings (CAD) = 5,192
** "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: 29,173 CAD
  • Total Vehicle Debt: 60,385 CAD
  • Paid so Far: 30,711 CAD (50% Paid)
  • Remaining Lease Payments: 9,524 CAD
  • Residual Value: 20,149 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 30,711 CAD Total Vehicle Value: 60,385 CAD
50% Paid
50%
Vehicle Debt Breakdown
Downpayment: 5,500 CAD Remaining Term: 9,524 CAD
Term Paid so Far: 25,211 CAD Residual Value: 20,149 CAD
8%
42%
16%
34%
Cost to Own
Already Paid: 30,711 CAD (50%)
Cash Incentive: 500 CAD Buyout Price Today: 29,173 CAD
50% Paid
0%
50%
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: 29,173 CAD

  • 4.9%Interest Rate x 48 months
  • 671 CAD/month + tax
  • Total Payable: 32,185 CAD
  • Total Interest: 3,012 CAD
  • 8.9%Interest Rate x 48 months
  • 725 CAD/month + tax
  • Total Payable: 34,780 CAD
  • Total Interest: 5,607 CAD
  • 14.9%Interest Rate x 48 months
  • 810 CAD/month + tax
  • Total Payable: 38,901 CAD
  • Total Interest: 9,728 CAD

At the end of the Lease Contract

Residual Value: 20,149 CAD (in 17 months)

  • 4.9%Interest Rate x 48 months
  • 463 CAD/month + tax
  • Total Payable: 22,229 CAD
  • Total Interest: 2,080 CAD
  • 8.9%Interest Rate x 48 months
  • 500 CAD/month + tax
  • Total Payable: 24,022 CAD
  • Total Interest: 3,873 CAD
  • 14.9%Interest Rate x 48 months
  • 560 CAD/month + tax
  • Total Payable: 26,868 CAD
  • Total Interest: 6,719 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)
16.97
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 17.91CAD/100km (TODAY without the Cash Incentive)
  • 33.62CAD/100km (Original Contract back in Sep, 2017)
Time Analysis
Cost per day: (CAD)
17.45
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 18.42CAD/day (Original Contract back in Sep, 2017)
Remaining Km
Can be driven up to:
721.95
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Sep, 2017)

Seller Contact Info

This Contract was Already Transferred.

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