Payment Analysis

165.00CAD/monthin Winnipeg, MB
    Before Taxes:
  • 165.00 CAD/month
  • 76.15 CAD/bi-weekly
  • 38.08 CAD/week
  • 1,980.00 CAD/year
Incl. Manitoba Taxes (13%):
  • 186.45 CAD/month
  • 86.05 CAD/bi-weekly
  • 43.03 CAD/week
  • 2,237.40 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: 3,168 CAD

compared to leasing a BRAND NEW:

  • Toyota RAV4 LE AWD
  • for 52 months
  • in Manitoba
  • $0 down payment
  • 18,462 km/year
Savings Breakdown:
Leasing New (CAD/month) 429
This Contract (CAD/month) 165
Monthly Difference 264 CAD/month
Remaining Term x 12 months
Total Monthly Difference = 3,168 CAD
Total Savings (CAD) = 3,168

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 15,980 CAD
  • Total Vehicle Debt: 23,900 CAD
  • Paid so Far: 7,920 CAD (33% Paid)
  • Remaining Lease Payments: 1,980 CAD
  • Residual Value: 14,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 7,920 CAD Total Vehicle Value: 23,900 CAD
33% Paid
67%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,980 CAD
Term Paid so Far: 7,920 CAD Residual Value: 14,000 CAD
0%
33%
8%
59%
Cost to Own
Already Paid: 7,920 CAD (33%)
Cash Incentive: 0 CAD Buyout Price Today: 15,980 CAD
33% Paid
0%
67%
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: 15,980 CAD

  • 4.9%Interest Rate x 48 months
  • 367 CAD/month + tax
  • Total Payable: 17,630 CAD
  • Total Interest: 1,650 CAD
  • 8.9%Interest Rate x 48 months
  • 397 CAD/month + tax
  • Total Payable: 19,051 CAD
  • Total Interest: 3,071 CAD
  • 14.9%Interest Rate x 48 months
  • 444 CAD/month + tax
  • Total Payable: 21,308 CAD
  • Total Interest: 5,328 CAD

At the end of the Lease Contract

Residual Value: 14,000 CAD (in 12 months)

  • 4.9%Interest Rate x 48 months
  • 322 CAD/month + tax
  • Total Payable: 15,445 CAD
  • Total Interest: 1,445 CAD
  • 8.9%Interest Rate x 48 months
  • 348 CAD/month + tax
  • Total Payable: 16,691 CAD
  • Total Interest: 2,691 CAD
  • 14.9%Interest Rate x 48 months
  • 389 CAD/month + tax
  • Total Payable: 18,668 CAD
  • Total Interest: 4,668 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)
2.33
  • + tax
  • + fuel
  • + insurance
(or 0.02CAD per km)
  • 9.90CAD/100km (Original Contract back in May, 2020)
Time Analysis
Cost per day: (CAD)
5.42
  • + tax
  • + insurance
  • + km driven & fuel
(0.27CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,636.54
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 384.62km/week (Contract Original back in May, 2020)

Seller Contact Info

This Contract was Already Transferred.

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Payment Details
  • Current Payment: 454 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 429 CAD/month + tax
  • Months to End: 40 months (Sep, 2027)
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  • Contract Allowance: 20,000 km/year
  • Current Odometer: 14,500 km total
  • Available Now: 25,150 km/year (2,096 per month)
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