Payment Analysis

441.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 441.00 CAD/month
  • 203.54 CAD/bi-weekly
  • 101.77 CAD/week
  • 5,292.00 CAD/year
Incl. Ontario Taxes (13%):
  • 498.33 CAD/month
  • 230.00 CAD/bi-weekly
  • 115.00 CAD/week
  • 5,979.96 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: 4,996 ~ 6,296 CAD

compared to leasing a BRAND NEW:

  • Toyota RAV4 Hybrid LE AWD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 724
This Contract (CAD/month) 441
Monthly Difference 283 CAD/month
Remaining Term x 12 months
Total Monthly Difference = 3,396 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,996 ~ 6,296

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 22,973 CAD
  • Total Vehicle Debt: 40,172 CAD
  • Paid so Far: 17,199 CAD (42% Paid)
  • Remaining Lease Payments: 5,292 CAD
  • Residual Value: 17,681 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,199 CAD Total Vehicle Value: 40,172 CAD
42% Paid
58%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,292 CAD
Term Paid so Far: 17,199 CAD Residual Value: 17,681 CAD
0%
42%
13%
45%
Cost to Own
Already Paid: 17,199 CAD (42%)
Cash Incentive: 0 CAD Buyout Price Today: 22,973 CAD
42% Paid
0%
58%
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: 22,973 CAD

  • 4.9%Interest Rate x 48 months
  • 528 CAD/month + tax
  • Total Payable: 25,345 CAD
  • Total Interest: 2,372 CAD
  • 8.9%Interest Rate x 48 months
  • 571 CAD/month + tax
  • Total Payable: 27,389 CAD
  • Total Interest: 4,416 CAD
  • 14.9%Interest Rate x 48 months
  • 638 CAD/month + tax
  • Total Payable: 30,634 CAD
  • Total Interest: 7,660 CAD

At the end of the Lease Contract

Residual Value: 17,681 CAD (in 12 months)

  • 4.9%Interest Rate x 48 months
  • 406 CAD/month + tax
  • Total Payable: 19,507 CAD
  • Total Interest: 1,825 CAD
  • 8.9%Interest Rate x 48 months
  • 439 CAD/month + tax
  • Total Payable: 21,080 CAD
  • Total Interest: 3,398 CAD
  • 14.9%Interest Rate x 48 months
  • 491 CAD/month + tax
  • Total Payable: 23,577 CAD
  • Total Interest: 5,896 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)
7.51
  • + tax
  • + fuel
  • + insurance
(or 0.08CAD per km)
  • 24.05CAD/100km (Original Contract back in Dec, 2018)
Time Analysis
Cost per day: (CAD)
14.50
  • + tax
  • + insurance
  • + km driven & fuel
(0.27CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,355.77
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 423.08km/week (Contract Original back in Dec, 2018)

Seller Contact Info

This Contract was Already Transferred.

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