Payment Analysis

499.87CAD/monthin Toronto, ON
    Before Taxes:
  • 499.87 CAD/month
  • 230.71 CAD/bi-weekly
  • 115.35 CAD/week
  • 5,998.44 CAD/year
Incl. Ontario Taxes (13%):
  • 564.85 CAD/month
  • 260.70 CAD/bi-weekly
  • 130.35 CAD/week
  • 6,778.24 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: 2,970 ~ 3,870 CAD

compared to leasing a BRAND NEW:

  • Acura ILX PREMIUM
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 544
This Contract (CAD/month) 500
Monthly Difference 45 CAD/month
Remaining Term x 26 months
Total Monthly Difference = 1,170 CAD
+ Cash Incentive** (CAD) + 1,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,970 ~ 3,870
** "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: 23,693 CAD
  • Total Vehicle Debt: 41,689 CAD
  • Paid so Far: 16,996 CAD (40% Paid)
  • Remaining Lease Payments: 12,997 CAD
  • Residual Value: 11,696 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 16,996 CAD Total Vehicle Value: 41,689 CAD
40% Paid
60%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 12,997 CAD
Term Paid so Far: 15,996 CAD Residual Value: 11,696 CAD
2%
38%
31%
29%
Cost to Own
Already Paid: 16,996 CAD (40%)
Cash Incentive: 1,000 CAD Buyout Price Today: 23,693 CAD
40% Paid
2%
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: 23,693 CAD

  • 4.9%Interest Rate x 48 months
  • 545 CAD/month + tax
  • Total Payable: 26,139 CAD
  • Total Interest: 2,446 CAD
  • 8.9%Interest Rate x 48 months
  • 588 CAD/month + tax
  • Total Payable: 28,247 CAD
  • Total Interest: 4,554 CAD
  • 14.9%Interest Rate x 48 months
  • 658 CAD/month + tax
  • Total Payable: 31,593 CAD
  • Total Interest: 7,900 CAD

At the end of the Lease Contract

Residual Value: 11,696 CAD (in 26 months)

  • 4.9%Interest Rate x 48 months
  • 269 CAD/month + tax
  • Total Payable: 12,904 CAD
  • Total Interest: 1,207 CAD
  • 8.9%Interest Rate x 48 months
  • 291 CAD/month + tax
  • Total Payable: 13,944 CAD
  • Total Interest: 2,248 CAD
  • 14.9%Interest Rate x 48 months
  • 325 CAD/month + tax
  • Total Payable: 15,596 CAD
  • Total Interest: 3,900 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)
29.34
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
Time Analysis
Cost per day: (CAD)
15.17
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
Remaining Km
Can be driven up to:
362.93
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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