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: 1,848 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 7 months
Total Monthly Difference = 1,848 CAD
Total Savings (CAD) = 1,848

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 15,155 CAD
  • Total Vehicle Debt: 23,900 CAD
  • Paid so Far: 8,745 CAD (36% Paid)
  • Remaining Lease Payments: 1,155 CAD
  • Residual Value: 14,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,745 CAD Total Vehicle Value: 23,900 CAD
36% Paid
64%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,155 CAD
Term Paid so Far: 8,745 CAD Residual Value: 14,000 CAD
0%
36%
4%
60%
Cost to Own
Already Paid: 8,745 CAD (36%)
Cash Incentive: 0 CAD Buyout Price Today: 15,155 CAD
36% Paid
0%
64%
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: 15,155 CAD

  • 4.9%Interest Rate x 48 months
  • 348 CAD/month + tax
  • Total Payable: 16,719 CAD
  • Total Interest: 1,564 CAD
  • 8.9%Interest Rate x 48 months
  • 376 CAD/month + tax
  • Total Payable: 18,068 CAD
  • Total Interest: 2,913 CAD
  • 14.9%Interest Rate x 48 months
  • 421 CAD/month + tax
  • Total Payable: 20,208 CAD
  • Total Interest: 5,053 CAD

At the end of the Lease Contract

Residual Value: 14,000 CAD (in 7 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)
1.36
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 9.90CAD/100km (Original Contract back in May, 2020)
Time Analysis
Cost per day: (CAD)
5.42
  • + tax
  • + insurance
  • + km driven & fuel
(0.47CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,805.49
  • 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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