Payment Analysis

416.00CAD/monthin Mississauga, ON
    Before Taxes:
  • 416.00 CAD/month
  • 192.00 CAD/bi-weekly
  • 96.00 CAD/week
  • 4,992.00 CAD/year
Incl. Ontario Taxes (13%):
  • 470.08 CAD/month
  • 216.96 CAD/bi-weekly
  • 108.48 CAD/week
  • 5,640.96 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: 31,010 CAD

compared to leasing a BRAND NEW:

  • Acura TLX SH-AWD A-SPEC
  • for 12 months
  • in Ontario
  • $0 down payment
  • 33,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 981
This Contract (CAD/month) 416
Monthly Difference 565 CAD/month
Remaining Term x 54 months
Total Monthly Difference = 30,510 CAD
+ Cash Incentive** (CAD) + 500
Total Savings (CAD) = 31,010
** "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: 42,564 CAD
  • Total Vehicle Debt: 40,568 CAD
  • Paid so Far: -2,496 CAD (-7% Paid)
  • Remaining Lease Payments: 22,464 CAD
  • Residual Value: 20,600 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: -2,496 CAD Total Vehicle Value: 40,568 CAD
-7% Paid
107%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 22,464 CAD
Term Paid so Far: -2,496 CAD Residual Value: 20,600 CAD
0%
-7%
55%
52%
Cost to Own
Already Paid: -2,496 CAD (-7%)
Cash Incentive: 500 CAD Buyout Price Today: 42,564 CAD
-7% Paid
1%
106%
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: 42,564 CAD

  • 4.9%Interest Rate x 48 months
  • 978 CAD/month + tax
  • Total Payable: 46,958 CAD
  • Total Interest: 4,394 CAD
  • 8.9%Interest Rate x 48 months
  • 1,057 CAD/month + tax
  • Total Payable: 50,745 CAD
  • Total Interest: 8,181 CAD
  • 14.9%Interest Rate x 48 months
  • 1,182 CAD/month + tax
  • Total Payable: 56,757 CAD
  • Total Interest: 14,193 CAD

At the end of the Lease Contract

Residual Value: 20,600 CAD (in 54 months)

  • 4.9%Interest Rate x 48 months
  • 473 CAD/month + tax
  • Total Payable: 22,727 CAD
  • Total Interest: 2,127 CAD
  • 8.9%Interest Rate x 48 months
  • 512 CAD/month + tax
  • Total Payable: 24,559 CAD
  • Total Interest: 3,959 CAD
  • 14.9%Interest Rate x 48 months
  • 572 CAD/month + tax
  • Total Payable: 27,469 CAD
  • Total Interest: 6,869 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)
70.85
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
Time Analysis
Cost per day: (CAD)
13.37
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
Remaining Km
Can be driven up to:
132.48
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Seller Contact Info

This Contract was Already Transferred.

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