Payment Analysis

350.26CAD/monthin Mississauga, ON
    Before Taxes:
  • 350.26 CAD/month
  • 161.66 CAD/bi-weekly
  • 80.83 CAD/week
  • 4,203.12 CAD/year
Incl. Ontario Taxes (13%):
  • 395.79 CAD/month
  • 182.67 CAD/bi-weekly
  • 91.34 CAD/week
  • 4,749.53 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: 9,273 ~ 10,173 CAD

compared to leasing a BRAND NEW:

  • Acura ILX PREMIUM A-SPEC
  • for 30 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 579
This Contract (CAD/month) 350
Monthly Difference 229 CAD/month
Remaining Term x 37 months
Total Monthly Difference = 8,473 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 9,273 ~ 10,173

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 28,595 CAD
  • Total Vehicle Debt: 32,448 CAD
  • Paid so Far: 3,853 CAD (11% Paid)
  • Remaining Lease Payments: 12,960 CAD
  • Residual Value: 15,635 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 3,853 CAD Total Vehicle Value: 32,448 CAD
11% Paid
89%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 12,960 CAD
Term Paid so Far: 3,853 CAD Residual Value: 15,635 CAD
0%
11%
40%
49%
Cost to Own
Already Paid: 3,853 CAD (11%)
Cash Incentive: 0 CAD Buyout Price Today: 28,595 CAD
11% Paid
0%
89%
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: 28,595 CAD

  • 4.9%Interest Rate x 48 months
  • 657 CAD/month + tax
  • Total Payable: 31,547 CAD
  • Total Interest: 2,952 CAD
  • 8.9%Interest Rate x 48 months
  • 710 CAD/month + tax
  • Total Payable: 34,091 CAD
  • Total Interest: 5,496 CAD
  • 14.9%Interest Rate x 48 months
  • 794 CAD/month + tax
  • Total Payable: 38,130 CAD
  • Total Interest: 9,535 CAD

At the end of the Lease Contract

Residual Value: 15,635 CAD (in 37 months)

  • 4.9%Interest Rate x 48 months
  • 359 CAD/month + tax
  • Total Payable: 17,249 CAD
  • Total Interest: 1,614 CAD
  • 8.9%Interest Rate x 48 months
  • 388 CAD/month + tax
  • Total Payable: 18,641 CAD
  • Total Interest: 3,005 CAD
  • 14.9%Interest Rate x 48 months
  • 434 CAD/month + tax
  • Total Payable: 20,849 CAD
  • Total Interest: 5,214 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)
22.74
  • + tax
  • + fuel
  • + insurance
(or 0.23CAD per km)
Time Analysis
Cost per day: (CAD)
11.52
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
355.51
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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