Payment Analysis

724.08CAD/monthin Mississauga, ON
    Before Taxes:
  • 724.08 CAD/month
  • 334.19 CAD/bi-weekly
  • 167.10 CAD/week
  • 8,688.96 CAD/year
Incl. Ontario Taxes (13%):
  • 818.21 CAD/month
  • 377.64 CAD/bi-weekly
  • 188.82 CAD/week
  • 9,818.52 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: 1,172 ~ 2,072 CAD

compared to leasing a BRAND NEW:

  • Acura RDX A-SPEC
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 786
This Contract (CAD/month) 724
Monthly Difference 62 CAD/month
Remaining Term x 6 months
Total Monthly Difference = 372 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,172 ~ 2,072

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 28,216 CAD
  • Total Vehicle Debt: 61,609 CAD
  • Paid so Far: 33,393 CAD (54% Paid)
  • Remaining Lease Payments: 4,344 CAD
  • Residual Value: 23,871 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 33,393 CAD Total Vehicle Value: 61,609 CAD
54% Paid
46%
Vehicle Debt Breakdown
Downpayment: 2,982 CAD Remaining Term: 4,344 CAD
Term Paid so Far: 30,411 CAD Residual Value: 23,871 CAD
4%
50%
7%
39%
Cost to Own
Already Paid: 33,393 CAD (54%)
Cash Incentive: 0 CAD Buyout Price Today: 28,216 CAD
54% Paid
0%
46%
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: 28,216 CAD

  • 4.9%Interest Rate x 48 months
  • 649 CAD/month + tax
  • Total Payable: 31,129 CAD
  • Total Interest: 2,913 CAD
  • 8.9%Interest Rate x 48 months
  • 701 CAD/month + tax
  • Total Payable: 33,639 CAD
  • Total Interest: 5,423 CAD
  • 14.9%Interest Rate x 48 months
  • 784 CAD/month + tax
  • Total Payable: 37,624 CAD
  • Total Interest: 9,408 CAD

At the end of the Lease Contract

Residual Value: 23,871 CAD (in 6 months)

  • 4.9%Interest Rate x 48 months
  • 549 CAD/month + tax
  • Total Payable: 26,336 CAD
  • Total Interest: 2,464 CAD
  • 8.9%Interest Rate x 48 months
  • 593 CAD/month + tax
  • Total Payable: 28,459 CAD
  • Total Interest: 4,588 CAD
  • 14.9%Interest Rate x 48 months
  • 663 CAD/month + tax
  • Total Payable: 31,831 CAD
  • Total Interest: 7,960 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)
6.75
  • + tax
  • + fuel
  • + insurance
(or 0.07CAD per km)
  • 43.44CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
23.81
  • + tax
  • + insurance
  • + km driven & fuel
(0.55CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,476.08
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Oct, 2019)

Seller Contact Info

This Contract was Already Transferred.

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