Payment Analysis

407.36CAD/monthin Oakville, On
    Before Taxes:
  • 407.36 CAD/month
  • 188.01 CAD/bi-weekly
  • 94.01 CAD/week
  • 4,888.32 CAD/year
Incl. Ontario Taxes (13%):
  • 460.32 CAD/month
  • 212.45 CAD/bi-weekly
  • 106.23 CAD/week
  • 5,523.80 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: 19,212 ~ 20,512 CAD

compared to leasing a BRAND NEW:

  • Toyota Venza XLE Automatic AWD GPS, Panoramic Glass Roof, Voice activated GPS
  • for 12 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,120
This Contract (CAD/month) 407
Monthly Difference 713 CAD/month
Remaining Term x 24 months
Total Monthly Difference = 17,112 CAD
+ Cash Incentive** (CAD) + 500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 19,212 ~ 20,512
** "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: 21,598 CAD
  • Total Vehicle Debt: 38,435 CAD
  • Paid so Far: 16,337 CAD (42% Paid)
  • Remaining Lease Payments: 9,777 CAD
  • Residual Value: 12,322 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 16,337 CAD Total Vehicle Value: 38,435 CAD
42% Paid
58%
Vehicle Debt Breakdown
Downpayment: 2,080 CAD Remaining Term: 9,777 CAD
Term Paid so Far: 14,258 CAD Residual Value: 12,322 CAD
5%
37%
25%
33%
Cost to Own
Already Paid: 16,337 CAD (42%)
Cash Incentive: 500 CAD Buyout Price Today: 21,598 CAD
42% Paid
1%
57%
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: 21,598 CAD

  • 4.9%Interest Rate x 48 months
  • 496 CAD/month + tax
  • Total Payable: 23,828 CAD
  • Total Interest: 2,230 CAD
  • 8.9%Interest Rate x 48 months
  • 536 CAD/month + tax
  • Total Payable: 25,750 CAD
  • Total Interest: 4,151 CAD
  • 14.9%Interest Rate x 48 months
  • 600 CAD/month + tax
  • Total Payable: 28,800 CAD
  • Total Interest: 7,202 CAD

At the end of the Lease Contract

Residual Value: 12,322 CAD (in 24 months)

  • 4.9%Interest Rate x 48 months
  • 283 CAD/month + tax
  • Total Payable: 13,594 CAD
  • Total Interest: 1,272 CAD
  • 8.9%Interest Rate x 48 months
  • 306 CAD/month + tax
  • Total Payable: 14,690 CAD
  • Total Interest: 2,368 CAD
  • 14.9%Interest Rate x 48 months
  • 342 CAD/month + tax
  • Total Payable: 16,430 CAD
  • Total Interest: 4,109 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)
38.36
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
Time Analysis
Cost per day: (CAD)
12.71
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
Remaining Km
Can be driven up to:
232.53
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Hamilton

CAD/month x 26 months
2023 Jeep Grand Cherokee L Overland (ID: #46165)
783
Hamilton, ON
2023 Jeep

Grand Cherokee L Overland Automatique AWD Luxury Package I

  • Warranty Complete Term
Payment Details
  • Current Payment: 783 CAD/month + tax
  • Original Downpayment: 4,000 CAD
  • Residual Value: 51,716 CAD
  • Months to End: 26 months (Jul, 2026)
Vehicle Status
  • Contract Allowance: 12,000 km/year
  • Current Odometer: 1,500 km total
  • Available Now: 17,308 km/year (1,442 per month)
  • Excess Km Cost: 0.25 CAD/km
See all Details
+ 18,000 cash
CAD/month x 37 months
2023 Land Rover Range Rover Evoque (ID: #51948)
1,590
St.Catharines, ON
2023 Land Rover

Range Rover Evoque Automatique AWD R-Dynamic SE

  • Warranty Complete Term
Payment Details
  • Current Payment: 1,590 CAD/month + tax
  • Cash Incentive: 18,000 CAD
  • Payment After Incentive: 1,104 CAD/month + tax
  • Original Downpayment: 4,683 CAD
  • Residual Value: 32,849 CAD
  • Months to End: 37 months (Jun, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 9,300 km total
  • Available Now: 22,930 km/year (1,911 per month)
  • Excess Km Cost: 0.20 CAD/km
See all Details
CAD/month x 32 months
2023 Hyundai 2023 Hyundai Venue FWD Preferred (ID: #51716)
385
Hamilton, ON
2023 Hyundai

2023 Hyundai Venue FWD Preferred Automatique 2WD

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 385 CAD/month + tax
  • Residual Value: 12,623 CAD
  • Months to End: 32 months (Jan, 2027)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 15,000 km total
  • Available Now: 18,375 km/year (1,531 per month)
  • Excess Km Cost: 0.12 CAD/km
See all Details