Payment Analysis

395.00CAD/monthin New Glasgow, NS
    Before Taxes:
  • 395.00 CAD/month
  • 182.31 CAD/bi-weekly
  • 91.15 CAD/week
  • 4,740.00 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 454.25 CAD/month
  • 209.65 CAD/bi-weekly
  • 104.83 CAD/week
  • 5,451.00 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: 16,992 ~ 17,392 CAD

compared to leasing a BRAND NEW:

  • Toyota RAV4 LE AWD
  • for 12 months
  • in Nova Scotia
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 747
This Contract (CAD/month) 395
Monthly Difference 352 CAD/month
Remaining Term x 46 months
Total Monthly Difference = 16,192 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 16,992 ~ 17,392

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 29,888 CAD
  • Total Vehicle Debt: 36,603 CAD
  • Paid so Far: 6,715 CAD (18% Paid)
  • Remaining Lease Payments: 18,170 CAD
  • Residual Value: 11,718 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 6,715 CAD Total Vehicle Value: 36,603 CAD
18% Paid
82%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 18,170 CAD
Term Paid so Far: 6,715 CAD Residual Value: 11,718 CAD
0%
18%
49%
33%
Cost to Own
Already Paid: 6,715 CAD (18%)
Cash Incentive: 0 CAD Buyout Price Today: 29,888 CAD
18% Paid
0%
82%
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: 29,888 CAD

  • 4.9%Interest Rate x 48 months
  • 687 CAD/month + tax
  • Total Payable: 32,973 CAD
  • Total Interest: 3,085 CAD
  • 8.9%Interest Rate x 48 months
  • 742 CAD/month + tax
  • Total Payable: 35,632 CAD
  • Total Interest: 5,745 CAD
  • 14.9%Interest Rate x 48 months
  • 830 CAD/month + tax
  • Total Payable: 39,854 CAD
  • Total Interest: 9,966 CAD

At the end of the Lease Contract

Residual Value: 11,718 CAD (in 46 months)

  • 4.9%Interest Rate x 48 months
  • 269 CAD/month + tax
  • Total Payable: 12,927 CAD
  • Total Interest: 1,210 CAD
  • 8.9%Interest Rate x 48 months
  • 291 CAD/month + tax
  • Total Payable: 13,970 CAD
  • Total Interest: 2,252 CAD
  • 14.9%Interest Rate x 48 months
  • 326 CAD/month + tax
  • Total Payable: 15,625 CAD
  • Total Interest: 3,907 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)
67.05
  • + tax
  • + fuel
  • + insurance
(or 0.67CAD per km)
Time Analysis
Cost per day: (CAD)
12.99
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
135.95
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Halifax

CAD/month x 38 months
2024 Infiniti Qx60-lux (ID: #66671)
775
Halifax
2024 Infiniti

Qx60-lux Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 775 CAD/month + tax
  • Residual Value: 22,500 CAD
  • Months to End: 38 months (Feb, 2029)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 43,700 km total
  • Available Now: 11,042 km/year (920 per month)
  • Excess Km Cost: 0.10 CAD/km
See all Details
CAD/month x 20 months
2023 KIA SX (ID: #64878)
595
Halifax, NS
2023 KIA

SX Automatique AWD

Payment Details
  • Current Payment: 595 CAD/month + tax
  • Months to End: 20 months (Sep, 2027)
Vehicle Status
  • Contract Allowance: 30,000 km/year
  • Current Odometer: 29,000 km total
  • Available Now: 54,600 km/year (4,550 per month)
See all Details
+ 500 cash
CAD/month x 2 months
2022 GMC Terrain SLE (ID: #64441)
330
Halifax
2022 GMC

Terrain SLE Automatique AWD SLE

  • Winter Tires Included
Payment Details
  • Current Payment: 330 CAD/month + tax
  • Required Payment: 500 CAD
  • Payment Including Incentive: 580 CAD/month + tax
  • Residual Value: 19,000 CAD
  • Months to End: 2 months (Mar, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 57,000 km total
  • Available Now: 138,000 km/year (11,500 per month)
  • Please note that this contract ends in less than a year.
See all Details
+ 2,100 cash
CAD/month x 32 months
2024 Ford Escape active (ID: #60550)
289
Halifax ns
2024 Ford

Escape active Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 289 CAD/month + tax
  • Required Payment: 2,100 CAD
  • Payment Including Incentive: 355 CAD/month + tax
  • Original Downpayment: 2,100 CAD
  • Residual Value: 14,000 CAD
  • Months to End: 32 months (Sep, 2028)
Vehicle Status
  • Contract Allowance: 25,000 km/year
  • Current Odometer: 6,200 km total
  • Available Now: 31,269 km/year (2,606 per month)
  • Excess Km Cost: 0.08 CAD/km
See all Details
CAD/month x 11 months
2024 Mazda Meridian cx-50 (ID: #59687)
660
Halifax
2024 Mazda

Meridian cx-50 Automatique AWD Meridian package

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 660 CAD/month + tax
  • Original Downpayment: 8,000 CAD
  • Residual Value: 32,000 CAD
  • Months to End: 11 months (Nov, 2026)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 27,000 km total
  • Available Now: 49,091 km/year (4,091 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.05 CAD/km
See all Details
CAD/month x 11 months
2024 Mercedes-Benz GLE 450 (ID: #57928)
2,200
Halifax
2024 Mercedes-Benz

GLE 450 Automatique AWD

  • Winter Tires Included
Payment Details
  • Current Payment: 2,200 CAD/month + tax
  • Original Downpayment: 5,000 CAD
  • Residual Value: 48,670 CAD
  • Months to End: 11 months (Dec, 2026)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 9,500 km total
  • Available Now: 68,182 km/year (5,682 per month)
  • Please note that this contract ends in less than a year.
See all Details