Payment Analysis

641.02CAD/monthin Bradford, ON
    Before Taxes:
  • 641.02 CAD/month
  • 295.86 CAD/bi-weekly
  • 147.93 CAD/week
  • 7,692.24 CAD/year
Incl. Ontario Taxes (13%):
  • 724.35 CAD/month
  • 334.32 CAD/bi-weekly
  • 167.16 CAD/week
  • 8,692.23 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: 3,870 CAD

compared to leasing a BRAND NEW:

  • Toyota RAV4 XLE AWD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 723
This Contract (CAD/month) 641
Monthly Difference 82 CAD/month
Remaining Term x 35 months
Total Monthly Difference = 2,870 CAD
+ Cash Incentive** (CAD) + 1,000
Total Savings (CAD) = 3,870
** "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: 51,264 CAD
  • Total Vehicle Debt: 60,597 CAD
  • Paid so Far: 8,333 CAD (13% Paid)
  • Remaining Lease Payments: 22,436 CAD
  • Residual Value: 29,828 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 8,333 CAD Total Vehicle Value: 60,597 CAD
13% Paid
87%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 22,436 CAD
Term Paid so Far: 8,333 CAD Residual Value: 29,828 CAD
0%
13%
37%
50%
Cost to Own
Already Paid: 8,333 CAD (13%)
Cash Incentive: 1,000 CAD Buyout Price Today: 51,264 CAD
13% Paid
1%
86%
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: 51,264 CAD

  • 4.9%Interest Rate x 48 months
  • 1,178 CAD/month + tax
  • Total Payable: 56,556 CAD
  • Total Interest: 5,292 CAD
  • 8.9%Interest Rate x 48 months
  • 1,273 CAD/month + tax
  • Total Payable: 61,117 CAD
  • Total Interest: 9,853 CAD
  • 14.9%Interest Rate x 48 months
  • 1,424 CAD/month + tax
  • Total Payable: 68,358 CAD
  • Total Interest: 17,094 CAD

At the end of the Lease Contract

Residual Value: 29,828 CAD (in 35 months)

  • 4.9%Interest Rate x 48 months
  • 686 CAD/month + tax
  • Total Payable: 32,908 CAD
  • Total Interest: 3,079 CAD
  • 8.9%Interest Rate x 48 months
  • 741 CAD/month + tax
  • Total Payable: 35,562 CAD
  • Total Interest: 5,733 CAD
  • 14.9%Interest Rate x 48 months
  • 829 CAD/month + tax
  • Total Payable: 39,775 CAD
  • Total Interest: 9,946 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)
29.98
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 31.38CAD/100km (TODAY without the Cash Incentive)
  • 38.46CAD/100km (Original Contract back in May, 2025)
Time Analysis
Cost per day: (CAD)
20.14
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 21.07CAD/day (Original Contract back in May, 2025)
Remaining Km
Can be driven up to:
471.43
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in May, 2025)

Seller Contact Info

  • Name: Phillip Soares
  • Location: Bradford, ON
  • Date Contract Started:
  • Date Contract Ends:

Interested on this vehicle?
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Click here to Make an OFFER

Includes wheel locks and rubber mats.
Looking to transfer lease as I no longer need a 2nd vehicle.
Vehicle is practically brand new, but happy to get it detailed prior to the transfer.

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