Payment Analysis

526.00CAD/monthin Waterloo, ON
    Before Taxes:
  • 526.00 CAD/month
  • 242.77 CAD/bi-weekly
  • 121.38 CAD/week
  • 6,312.00 CAD/year
Incl. Ontario Taxes (13%):
  • 594.38 CAD/month
  • 274.33 CAD/bi-weekly
  • 137.16 CAD/week
  • 7,132.56 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: 8,259 ~ 9,159 CAD

compared to leasing a BRAND NEW:

  • Lexus IS300 AWD Automatic w/ PREMIUM PACKAGE ($1,950)
  • for 24 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 955
This Contract (CAD/month) 526
Monthly Difference 429 CAD/month
Remaining Term x 16 months
Total Monthly Difference = 6,864 CAD
+ Cash Incentive** (CAD) + 595
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 8,259 ~ 9,159
** "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: 31,026 CAD
  • Total Vehicle Debt: 43,719 CAD
  • Paid so Far: 12,098 CAD (27% Paid)
  • Remaining Lease Payments: 8,416 CAD
  • Residual Value: 23,205 CAD
  • Cash Incentive: 595 CAD
Vehicle Debt & Value
Paid so far: 12,098 CAD Total Vehicle Value: 43,719 CAD
27% Paid
73%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 8,416 CAD
Term Paid so Far: 12,098 CAD Residual Value: 23,205 CAD
0%
27%
19%
54%
Cost to Own
Already Paid: 12,098 CAD (27%)
Cash Incentive: 595 CAD Buyout Price Today: 31,026 CAD
27% Paid
1%
72%
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: 31,026 CAD

  • 4.9%Interest Rate x 48 months
  • 713 CAD/month + tax
  • Total Payable: 34,229 CAD
  • Total Interest: 3,203 CAD
  • 8.9%Interest Rate x 48 months
  • 771 CAD/month + tax
  • Total Payable: 36,989 CAD
  • Total Interest: 5,963 CAD
  • 14.9%Interest Rate x 48 months
  • 862 CAD/month + tax
  • Total Payable: 41,371 CAD
  • Total Interest: 10,345 CAD

At the end of the Lease Contract

Residual Value: 23,205 CAD (in 16 months)

  • 4.9%Interest Rate x 48 months
  • 533 CAD/month + tax
  • Total Payable: 25,601 CAD
  • Total Interest: 2,396 CAD
  • 8.9%Interest Rate x 48 months
  • 576 CAD/month + tax
  • Total Payable: 27,665 CAD
  • Total Interest: 4,460 CAD
  • 14.9%Interest Rate x 48 months
  • 645 CAD/month + tax
  • Total Payable: 30,943 CAD
  • Total Interest: 7,738 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)
21.49
  • + tax
  • + fuel
  • + insurance
(inlcuding the 595CAD incentive)
  • 23.12CAD/100km (TODAY without the Cash Incentive)
  • 39.45CAD/100km (Original Contract back in Sep, 2019)
Time Analysis
Cost per day: (CAD)
16.07
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 595CAD incentive)
  • 17.29CAD/day (Original Contract back in Sep, 2019)
Remaining Km
Can be driven up to:
524.99
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 307.69km/week (Contract Original back in Sep, 2019)

Seller Contact Info

This Contract was Already Transferred.

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