Payment Analysis

450.00CAD/monthin Toronto, ON
    Before Taxes:
  • 450.00 CAD/month
  • 207.69 CAD/bi-weekly
  • 103.85 CAD/week
  • 5,400.00 CAD/year
Incl. Ontario Taxes (13%):
  • 508.50 CAD/month
  • 234.69 CAD/bi-weekly
  • 117.35 CAD/week
  • 6,102.00 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: 11,780 CAD

compared to leasing a BRAND NEW:

  • Toyota Prius Prime Upgrade
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 732
This Contract (CAD/month) 450
Monthly Difference 282 CAD/month
Remaining Term x 40 months
Total Monthly Difference = 11,280 CAD
+ Cash Incentive** (CAD) + 500
Total Savings (CAD) = 11,780
** "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: 31,066 CAD
  • Total Vehicle Debt: 40,566 CAD
  • Paid so Far: 9,000 CAD (22% Paid)
  • Remaining Lease Payments: 18,000 CAD
  • Residual Value: 13,566 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 9,000 CAD Total Vehicle Value: 40,566 CAD
22% Paid
78%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 18,000 CAD
Term Paid so Far: 9,000 CAD Residual Value: 13,566 CAD
0%
22%
44%
34%
Cost to Own
Already Paid: 9,000 CAD (22%)
Cash Incentive: 500 CAD Buyout Price Today: 31,066 CAD
22% Paid
1%
77%
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: 31,066 CAD

  • 4.9%Interest Rate x 48 months
  • 714 CAD/month + tax
  • Total Payable: 34,273 CAD
  • Total Interest: 3,207 CAD
  • 8.9%Interest Rate x 48 months
  • 772 CAD/month + tax
  • Total Payable: 37,037 CAD
  • Total Interest: 5,971 CAD
  • 14.9%Interest Rate x 48 months
  • 863 CAD/month + tax
  • Total Payable: 41,425 CAD
  • Total Interest: 10,359 CAD

At the end of the Lease Contract

Residual Value: 13,566 CAD (in 40 months)

  • 4.9%Interest Rate x 48 months
  • 312 CAD/month + tax
  • Total Payable: 14,966 CAD
  • Total Interest: 1,400 CAD
  • 8.9%Interest Rate x 48 months
  • 337 CAD/month + tax
  • Total Payable: 16,173 CAD
  • Total Interest: 2,607 CAD
  • 14.9%Interest Rate x 48 months
  • 377 CAD/month + tax
  • Total Payable: 18,090 CAD
  • Total Interest: 4,524 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)
20.35
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 20.93CAD/100km (TODAY without the Cash Incentive)
  • 22.50CAD/100km (Original Contract back in Mar, 2018)
Time Analysis
Cost per day: (CAD)
14.38
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 14.79CAD/day (Original Contract back in Mar, 2018)
Remaining Km
Can be driven up to:
496.15
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 461.54km/week (Contract Original back in Mar, 2018)

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Toronto

+ 2,000 cash
CAD/month x 14 months
2024 Audi S5 Sportback Progressiv (ID: #58437)
1,024
Toronto
2024 Audi

S5 Sportback Progressiv Automatique AWD 360 camera, 20" wheels, Prepaid maintenance, lease excess wear waiverca

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 1,024 CAD/month + tax
  • Cash Incentive: 2,000 CAD
  • Payment After Incentive: 881 CAD/month + tax
  • Months to End: 14 months (Nov, 2027)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 16,000 km total
  • Available Now: 41,143 km/year (3,429 per month)
See all Details
+ 3,000 cash
CAD/month x 29 months
2024 Mercedes-Benz C300 (ID: #73620)
846
Brampton, ON
2024 Mercedes-Benz

C300 Automatique AWD Amg package

  • Warranty Complete Term
Payment Details
  • Current Payment: 846 CAD/month + tax
  • Cash Incentive: 3,000 CAD
  • Payment After Incentive: 743 CAD/month + tax
  • Months to End: 29 months (Feb, 2029)
Vehicle Status
  • Contract Allowance: 18,000 km/year
  • Current Odometer: 29,700 km total
  • Available Now: 16,883 km/year (1,407 per month)
See all Details
CAD/month x 12 months
2022 Polestar Polestar 2 (ID: #55550)
1,120
Toronto, IN
2022 Polestar

Polestar 2 Automatique AWD

  • Winter Tires Included
Payment Details
  • Current Payment: 1,120 CAD/month + tax
  • Original Downpayment: 1,000 CAD
  • Months to End: 12 months (Aug, 2027)
Vehicle Status
  • Contract Allowance: 50,000 km/year
  • Current Odometer: 49,000 km total
  • Available Now: 196,833 km/year (16,403 per month)
See all Details
CAD/month x 7 months
2021 Infiniti Q50 Essential Tech AWD (ID: #45209)
680
Toronto, ON
2021 Infiniti

Q50 Essential Tech AWD Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 680 CAD/month + tax
  • Months to End: 7 months (Dec, 2025)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 46,000 km total
  • Available Now: 30,857 km/year (2,571 per month)
  • Please note that this contract ends in less than a year.
See all Details
+ 1,000 cash
2025 Hyundai

Hyundai Elantra hybrid luxury Automatique 2WD

Payment Details
  • Current Payment: 326 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 303 CAD/month + tax
  • Residual Value: 15,000 CAD
  • Months to End: 44 months (May, 2030)
Vehicle Status
  • Contract Allowance: 26,000 km/year
  • Current Odometer: 37,619 km total
  • Available Now: 25,195 km/year (2,100 per month)
  • Excess Km Cost: 0.08 CAD/km
See all Details
CAD/month x 11 months
2023 Mercedes-Benz C300 (ID: #71661)
740
Mississauga
2023 Mercedes-Benz

C300 Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 740 CAD/month + tax
  • Original Downpayment: 10,000 CAD
  • Residual Value: 30,000 CAD
  • Months to End: 11 months (Aug, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 46,000 km total
  • Available Now: 37,091 km/year (3,091 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.15 CAD/km
See all Details