Payment Analysis

610.24CAD/monthin Metro Vancouver, BC
    Before Taxes:
  • 610.24 CAD/month
  • 281.65 CAD/bi-weekly
  • 140.82 CAD/week
  • 7,322.88 CAD/year
Incl. B.C. Taxes (12%):
  • 683.47 CAD/month
  • 315.45 CAD/bi-weekly
  • 157.72 CAD/week
  • 8,201.63 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: 6,384 CAD

compared to leasing a BRAND NEW:

  • Toyota RAV4 XLE FWD
  • for 24 months
  • in British Columbia
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 747
This Contract (CAD/month) 610
Monthly Difference 137 CAD/month
Remaining Term x 32 months
Total Monthly Difference = 4,384 CAD
+ Cash Incentive** (CAD) + 2,000
Total Savings (CAD) = 6,384
** "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: 35,591 CAD
  • Total Vehicle Debt: 42,473 CAD
  • Paid so Far: 4,882 CAD (11% Paid)
  • Remaining Lease Payments: 19,528 CAD
  • Residual Value: 18,063 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 4,882 CAD Total Vehicle Value: 42,473 CAD
11% Paid
89%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 19,528 CAD
Term Paid so Far: 4,882 CAD Residual Value: 18,063 CAD
0%
11%
46%
43%
Cost to Own
Already Paid: 4,882 CAD (11%)
Cash Incentive: 2,000 CAD Buyout Price Today: 35,591 CAD
11% Paid
4%
85%
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: 35,591 CAD

  • 4.9%Interest Rate x 48 months
  • 818 CAD/month + tax
  • Total Payable: 39,265 CAD
  • Total Interest: 3,674 CAD
  • 8.9%Interest Rate x 48 months
  • 884 CAD/month + tax
  • Total Payable: 42,431 CAD
  • Total Interest: 6,841 CAD
  • 14.9%Interest Rate x 48 months
  • 989 CAD/month + tax
  • Total Payable: 47,458 CAD
  • Total Interest: 11,867 CAD

At the end of the Lease Contract

Residual Value: 18,063 CAD (in 32 months)

  • 4.9%Interest Rate x 48 months
  • 415 CAD/month + tax
  • Total Payable: 19,928 CAD
  • Total Interest: 1,865 CAD
  • 8.9%Interest Rate x 48 months
  • 449 CAD/month + tax
  • Total Payable: 21,535 CAD
  • Total Interest: 3,472 CAD
  • 14.9%Interest Rate x 48 months
  • 502 CAD/month + tax
  • Total Payable: 24,086 CAD
  • Total Interest: 6,023 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)
29.38
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 32.73CAD/100km (TODAY without the Cash Incentive)
  • 36.61CAD/100km (Original Contract back in Dec, 2019)
Time Analysis
Cost per day: (CAD)
18.01
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 20.06CAD/day (Original Contract back in Dec, 2019)
Remaining Km
Can be driven up to:
430.29
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Dec, 2019)

Seller Contact Info

This Contract was Already Transferred.

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