Payment Analysis

513.22CAD/monthin Maple, ON
    Before Taxes:
  • 513.22 CAD/month
  • 236.87 CAD/bi-weekly
  • 118.44 CAD/week
  • 6,158.64 CAD/year
Incl. Ontario Taxes (13%):
  • 579.94 CAD/month
  • 267.66 CAD/bi-weekly
  • 133.83 CAD/week
  • 6,959.26 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: 917 CAD

compared to leasing a BRAND NEW:

  • Toyota Sienna SE 8 Passenger Automatic 2WD
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 644
This Contract (CAD/month) 513
Monthly Difference 131 CAD/month
Remaining Term x 7 months
Total Monthly Difference = 917 CAD
Total Savings (CAD) = 917

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 18,565 CAD
  • Total Vehicle Debt: 46,266 CAD
  • Paid so Far: 27,701 CAD (59% Paid)
  • Remaining Lease Payments: 3,593 CAD
  • Residual Value: 14,972 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 27,701 CAD Total Vehicle Value: 46,266 CAD
59% Paid
41%
Vehicle Debt Breakdown
Downpayment: 500 CAD Remaining Term: 3,593 CAD
Term Paid so Far: 27,201 CAD Residual Value: 14,972 CAD
1%
58%
7%
34%
Cost to Own
Already Paid: 27,701 CAD (59%)
Cash Incentive: 0 CAD Buyout Price Today: 18,565 CAD
59% Paid
0%
41%
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: 18,565 CAD

  • 4.9%Interest Rate x 48 months
  • 427 CAD/month + tax
  • Total Payable: 20,481 CAD
  • Total Interest: 1,917 CAD
  • 8.9%Interest Rate x 48 months
  • 461 CAD/month + tax
  • Total Payable: 22,133 CAD
  • Total Interest: 3,568 CAD
  • 14.9%Interest Rate x 48 months
  • 516 CAD/month + tax
  • Total Payable: 24,755 CAD
  • Total Interest: 6,190 CAD

At the end of the Lease Contract

Residual Value: 14,972 CAD (in 7 months)

  • 4.9%Interest Rate x 48 months
  • 344 CAD/month + tax
  • Total Payable: 16,518 CAD
  • Total Interest: 1,546 CAD
  • 8.9%Interest Rate x 48 months
  • 372 CAD/month + tax
  • Total Payable: 17,850 CAD
  • Total Interest: 2,878 CAD
  • 14.9%Interest Rate x 48 months
  • 416 CAD/month + tax
  • Total Payable: 19,965 CAD
  • Total Interest: 4,992 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)
5.79
  • + tax
  • + fuel
  • + insurance
(or 0.06CAD per km)
  • 30.79CAD/100km (Original Contract back in Sep, 2018)
Time Analysis
Cost per day: (CAD)
16.87
  • + tax
  • + insurance
  • + km driven & fuel
(0.47CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,043.96
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Sep, 2018)

Seller Contact Info

This Contract was Already Transferred.