Payment Analysis

594.84CAD/monthin Richmond, BC
    Before Taxes:
  • 594.84 CAD/month
  • 274.54 CAD/bi-weekly
  • 137.27 CAD/week
  • 7,138.08 CAD/year
Incl. B.C. Taxes (12%):
  • 666.22 CAD/month
  • 307.49 CAD/bi-weekly
  • 153.74 CAD/week
  • 7,994.65 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: 5,928 CAD

compared to leasing a BRAND NEW:

  • Toyota Camry Hybrid LE Automatic 2WD
  • for 12 months
  • in BC
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 841
This Contract (CAD/month) 595
Monthly Difference 247 CAD/month
Remaining Term x 24 months
Total Monthly Difference = 5,928 CAD
Total Savings (CAD) = 5,928

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 30,682 CAD
  • Total Vehicle Debt: 37,225 CAD
  • Paid so Far: 6,543 CAD (17% Paid)
  • Remaining Lease Payments: 14,276 CAD
  • Residual Value: 16,406 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 6,543 CAD Total Vehicle Value: 37,225 CAD
17% Paid
83%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 14,276 CAD
Term Paid so Far: 6,543 CAD Residual Value: 16,406 CAD
0%
17%
38%
45%
Cost to Own
Already Paid: 6,543 CAD (17%)
Cash Incentive: 0 CAD Buyout Price Today: 30,682 CAD
17% Paid
0%
83%
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: 30,682 CAD

  • 4.9%Interest Rate x 48 months
  • 705 CAD/month + tax
  • Total Payable: 33,850 CAD
  • Total Interest: 3,167 CAD
  • 8.9%Interest Rate x 48 months
  • 762 CAD/month + tax
  • Total Payable: 36,579 CAD
  • Total Interest: 5,897 CAD
  • 14.9%Interest Rate x 48 months
  • 852 CAD/month + tax
  • Total Payable: 40,913 CAD
  • Total Interest: 10,231 CAD

At the end of the Lease Contract

Residual Value: 16,406 CAD (in 24 months)

  • 4.9%Interest Rate x 48 months
  • 377 CAD/month + tax
  • Total Payable: 18,100 CAD
  • Total Interest: 1,694 CAD
  • 8.9%Interest Rate x 48 months
  • 407 CAD/month + tax
  • Total Payable: 19,559 CAD
  • Total Interest: 3,153 CAD
  • 14.9%Interest Rate x 48 months
  • 456 CAD/month + tax
  • Total Payable: 21,876 CAD
  • Total Interest: 5,470 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)
31.81
  • + tax
  • + fuel
  • + insurance
(or 0.32CAD per km)
  • 35.69CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
19.56
  • + tax
  • + insurance
  • + km driven & fuel
(0.14CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
431.58
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in May, 2019)

Seller Contact Info

This Contract was Already Transferred.

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