Payment Analysis
706.00CAD/monthin Toronto, ON
- 706.00 CAD/month
- 325.85 CAD/bi-weekly
- 162.92 CAD/week
- 8,472.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 797.78 CAD/month
- 368.21 CAD/bi-weekly
- 184.10 CAD/week
- 9,573.36 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:
6,104 CAD
compared to leasing a BRAND NEW:
- Tesla Model 3 Standard Plus Rear-Wheel Drive (financed) with the $5,000 incentive applied
- for 48 months
- in Ontario
- $2,500 required down payment
- 40,000 km/year
| Leasing New (CAD/month) | 1,074 |
|---|---|
| This Contract (CAD/month) | 706 |
| Monthly Difference | 368 CAD/month |
| Remaining Term | x 3 months |
| Total Monthly Difference | = 1,104 CAD |
| + Cash Incentive** (CAD) | + 5,000 |
| Total Savings (CAD) | = 6,104 |
| ** "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:
17,094 CAD
- Total Vehicle Debt: 54,664 CAD
- Paid so Far: 32,570 CAD (59% Paid)
- Remaining Lease Payments: 2,118 CAD
- Residual Value: 19,976 CAD
- Cash Incentive: 5,000 CAD
Vehicle Debt & Value
Paid so far: 32,570 CAD Total Vehicle Value: 54,664 CAD
Vehicle Debt Breakdown
Downpayment: 800 CAD Remaining Term: 2,118 CAD
Term Paid so Far: 31,770 CAD Residual Value: 19,976 CAD
Cost to Own
Already Paid: 32,570 CAD (59%)
Cash Incentive: 5,000 CAD Buyout Price Today: 17,094 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: 17,094 CAD
- 4.9%Interest Rate x 48 months
- 393 CAD/month + tax
- Total Payable: 18,859 CAD
- Total Interest: 1,765 CAD
- 8.9%Interest Rate x 48 months
- 425 CAD/month + tax
- Total Payable: 20,380 CAD
- Total Interest: 3,286 CAD
- 14.9%Interest Rate x 48 months
- 475 CAD/month + tax
- Total Payable: 22,794 CAD
- Total Interest: 5,700 CAD
At the end of the Lease Contract
Residual Value: 19,976 CAD (in 3 months)
- 4.9%Interest Rate x 48 months
- 459 CAD/month + tax
- Total Payable: 22,039 CAD
- Total Interest: 2,062 CAD
- 8.9%Interest Rate x 48 months
- 496 CAD/month + tax
- Total Payable: 23,816 CAD
- Total Interest: 3,840 CAD
- 14.9%Interest Rate x 48 months
- 555 CAD/month + tax
- Total Payable: 26,637 CAD
- Total Interest: 6,661 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)
-2.88
- + tax
- + fuel
- + insurance
- 2.12CAD/100km (TODAY without the Cash Incentive)
- 33.89CAD/100km (Original Contract back in Sep, 2021)
Time Analysis
Cost per day: (CAD)
-31.58
- + tax
- + insurance
- + km driven & fuel
- 23.21CAD/day (Original Contract back in Sep, 2021)
Remaining Km
Can be driven up to:
7,692.31
- km/week
- without any
- additional costs
- 480.77km/week (Contract Original back in Sep, 2021)
Seller Contact Info
This Contract was Already Transferred.
Similar Listings in Toronto
+ 800 cash
2024 Mazda
Mazda3 GT w/Turbo AWD Automatic Automatique AWD
Payment Details
- Current Payment: 499 CAD/month + tax
- Cash Incentive: 800 CAD
- Payment After Incentive: 468 CAD/month + tax
- Original Downpayment: 1,000 CAD
- Residual Value: 19,748 CAD
- Months to End: 26 months (Sep, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 25,500 km total
- Available Now: 15,923 km/year (1,327 per month)
- Excess Km Cost: 0.08 CAD/km
+ 1,000 cash
2023 Hyundai
KONA ESSENTIAL Automatique AWD
Payment Details
- Current Payment: 440 CAD/month + tax
- Cash Incentive: 1,000 CAD
- Payment After Incentive: 407 CAD/month + tax
- Original Downpayment: 500 CAD
- Months to End: 31 months (Jan, 2028)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 5,000 km total
- Available Now: 29,032 km/year (2,419 per month)
Deal Special Perks
+ 5,000 cash
2022 Lexus
IS300 Luxury Automatique AWD
Payment Details
- Current Payment: 606 CAD/month + tax
- Required Payment: 5,000 CAD
- Payment Including Incentive: 824 CAD/month + tax
- Residual Value: 20,517 CAD
- Months to End: 23 months (Jun, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 22,951 km total
- Available Now: 39,330 km/year (3,277 per month)
- Excess Km Cost: 0.20 CAD/km
+ 2,500 cash
2024 Audi
S3 Komfort Automatique AWD Pre Paid Maintenance package
Payment Details
- Current Payment: 731 CAD/month + tax
- Cash Incentive: 2,500 CAD
- Payment After Incentive: 645 CAD/month + tax
- Residual Value: 31,000 CAD
- Months to End: 29 months (Nov, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 28,000 km total
- Available Now: 20,828 km/year (1,736 per month)
- Excess Km Cost: 0.08 CAD/km
2023 Genesis
G70 - 3.3T Sport Automatique AWD
Payment Details
- Current Payment: 793 CAD/month + tax
- Original Downpayment: 2,000 CAD
- Residual Value: 29,939 CAD
- Months to End: 27 months (Oct, 2027)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 36,500 km total
- Available Now: 26,444 km/year (2,204 per month)
- Excess Km Cost: 0.25 CAD/km
2021 Mazda
Mazda3 GT Auto FWD Automatique 2WD w/ Warranty Complete Term + Wear & Tear Coverage
Payment Details
- Current Payment: 352 CAD/month + tax
- Months to End: 5 months (Jan, 2025)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 52,000 km total
- Available Now: 67,200 km/year (5,600 per month)
- Please note that this contract ends in less than a year.
