Payment Analysis
711.03CAD/monthin Ancaster, ON
- 711.03 CAD/month
- 328.17 CAD/bi-weekly
- 164.08 CAD/week
- 8,532.36 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 803.46 CAD/month
- 370.83 CAD/bi-weekly
- 185.41 CAD/week
- 9,641.57 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:
6,504 CAD
compared to leasing a BRAND NEW:
- LEXUS ES300H Automatic 2WD PREMIUM
- for 28 months
- in Ontario
- $0 down payment
- 17,143 km/year
| Leasing New (CAD/month) | 1,075 |
|---|---|
| This Contract (CAD/month) | 711 |
| Monthly Difference | 364 CAD/month |
| Remaining Term | x 11 months |
| Total Monthly Difference | = 4,004 CAD |
| + Cash Incentive** (CAD) | + 2,500 |
| Total Savings (CAD) | = 6,504 |
| ** "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:
31,433 CAD
- Total Vehicle Debt: 53,842 CAD
- Paid so Far: 19,909 CAD (36% Paid)
- Remaining Lease Payments: 7,821 CAD
- Residual Value: 26,112 CAD
- Cash Incentive: 2,500 CAD
Vehicle Debt & Value
Paid so far: 19,909 CAD Total Vehicle Value: 53,842 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 7,821 CAD
Term Paid so Far: 19,909 CAD Residual Value: 26,112 CAD
Cost to Own
Already Paid: 19,909 CAD (36%)
Cash Incentive: 2,500 CAD Buyout Price Today: 31,433 CAD
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: 31,433 CAD
- 4.9%Interest Rate x 48 months
- 722 CAD/month + tax
- Total Payable: 34,678 CAD
- Total Interest: 3,245 CAD
- 8.9%Interest Rate x 48 months
- 781 CAD/month + tax
- Total Payable: 37,475 CAD
- Total Interest: 6,042 CAD
- 14.9%Interest Rate x 48 months
- 873 CAD/month + tax
- Total Payable: 41,915 CAD
- Total Interest: 10,481 CAD
At the end of the Lease Contract
Residual Value: 26,112 CAD (in 11 months)
- 4.9%Interest Rate x 48 months
- 600 CAD/month + tax
- Total Payable: 28,808 CAD
- Total Interest: 2,696 CAD
- 8.9%Interest Rate x 48 months
- 649 CAD/month + tax
- Total Payable: 31,131 CAD
- Total Interest: 5,019 CAD
- 14.9%Interest Rate x 48 months
- 725 CAD/month + tax
- Total Payable: 34,819 CAD
- Total Interest: 8,707 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)
10.27
- + tax
- + fuel
- + insurance
- 15.10CAD/100km (TODAY without the Cash Incentive)
- 42.66CAD/100km (Original Contract back in Feb, 2020)
Time Analysis
Cost per day: (CAD)
15.90
- + tax
- + insurance
- + km driven & fuel
- 23.38CAD/day (Original Contract back in Feb, 2020)
Remaining Km
Can be driven up to:
1,086.50
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Feb, 2020)
