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: 10,934 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 37 months
Total Monthly Difference = 10,434 CAD
+ Cash Incentive** (CAD) + 500
Total Savings (CAD) = 10,934
** "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: 29,716 CAD
  • Total Vehicle Debt: 40,566 CAD
  • Paid so Far: 10,350 CAD (25% Paid)
  • Remaining Lease Payments: 16,650 CAD
  • Residual Value: 13,566 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 10,350 CAD Total Vehicle Value: 40,566 CAD
25% Paid
75%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 16,650 CAD
Term Paid so Far: 10,350 CAD Residual Value: 13,566 CAD
0%
25%
41%
34%
Cost to Own
Already Paid: 10,350 CAD (25%)
Cash Incentive: 500 CAD Buyout Price Today: 29,716 CAD
25% Paid
1%
74%
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: 29,716 CAD

  • 4.9%Interest Rate x 48 months
  • 683 CAD/month + tax
  • Total Payable: 32,784 CAD
  • Total Interest: 3,068 CAD
  • 8.9%Interest Rate x 48 months
  • 738 CAD/month + tax
  • Total Payable: 35,428 CAD
  • Total Interest: 5,712 CAD
  • 14.9%Interest Rate x 48 months
  • 826 CAD/month + tax
  • Total Payable: 39,625 CAD
  • Total Interest: 9,909 CAD

At the end of the Lease Contract

Residual Value: 13,566 CAD (in 37 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)
18.78
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 19.36CAD/100km (TODAY without the Cash Incentive)
  • 22.50CAD/100km (Original Contract back in Mar, 2018)
Time Analysis
Cost per day: (CAD)
14.35
  • + 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:
536.38
  • 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.

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