Payment Analysis

450.62CAD/monthin Montreal, QC
    Before Taxes:
  • 450.62 CAD/month
  • 207.98 CAD/bi-weekly
  • 103.99 CAD/week
  • 5,407.44 CAD/year
Incl. Québec Taxes (14.98%):
  • 518.12 CAD/month
  • 239.13 CAD/bi-weekly
  • 119.57 CAD/week
  • 6,217.47 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: 4,984 ~ 5,384 CAD

compared to leasing a BRAND NEW:

  • Toyota Prius Prime Automatic 2WD
  • for 39 months
  • in QC
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 541
This Contract (CAD/month) 451
Monthly Difference 91 CAD/month
Remaining Term x 24 months
Total Monthly Difference = 2,184 CAD
+ Cash Incentive** (CAD) + 2,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 4,984 ~ 5,384
** "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: 22,011 CAD
  • Total Vehicle Debt: 46,983 CAD
  • Paid so Far: 22,972 CAD (48% Paid)
  • Remaining Lease Payments: 10,815 CAD
  • Residual Value: 13,196 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 22,972 CAD Total Vehicle Value: 46,983 CAD
48% Paid
52%
Vehicle Debt Breakdown
Downpayment: 7,200 CAD Remaining Term: 10,815 CAD
Term Paid so Far: 15,772 CAD Residual Value: 13,196 CAD
15%
33%
23%
29%
Cost to Own
Already Paid: 22,972 CAD (48%)
Cash Incentive: 2,000 CAD Buyout Price Today: 22,011 CAD
48% Paid
4%
48%
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: 22,011 CAD

  • 4.9%Interest Rate x 48 months
  • 506 CAD/month + tax
  • Total Payable: 24,283 CAD
  • Total Interest: 2,272 CAD
  • 8.9%Interest Rate x 48 months
  • 547 CAD/month + tax
  • Total Payable: 26,241 CAD
  • Total Interest: 4,231 CAD
  • 14.9%Interest Rate x 48 months
  • 611 CAD/month + tax
  • Total Payable: 29,350 CAD
  • Total Interest: 7,339 CAD

At the end of the Lease Contract

Residual Value: 13,196 CAD (in 24 months)

  • 4.9%Interest Rate x 48 months
  • 303 CAD/month + tax
  • Total Payable: 14,558 CAD
  • Total Interest: 1,362 CAD
  • 8.9%Interest Rate x 48 months
  • 328 CAD/month + tax
  • Total Payable: 15,732 CAD
  • Total Interest: 2,536 CAD
  • 14.9%Interest Rate x 48 months
  • 367 CAD/month + tax
  • Total Payable: 17,596 CAD
  • Total Interest: 4,400 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)
10.97
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 13.46CAD/100km (TODAY without the Cash Incentive)
  • 27.04CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
12.08
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 14.81CAD/day (Original Contract back in May, 2019)
Remaining Km
Can be driven up to:
772.44
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in May, 2019)

Seller Contact Info

This Contract was Already Transferred.

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