Payment Analysis
1,003.17CAD/monthin Toronto, ON
- 1,003.17 CAD/month
- 463.00 CAD/bi-weekly
- 231.50 CAD/week
- 12,038.04 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 1,133.58 CAD/month
- 523.19 CAD/bi-weekly
- 261.60 CAD/week
- 13,602.99 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:
38 ~ 938 CAD
compared to leasing a BRAND NEW:
- Land Rover Velar R-Dynamic S Automatic AWD R-Dynamic black package
- for 36 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 1,294 |
|---|---|
| This Contract (CAD/month) | 1,003 |
| Monthly Difference | 291 CAD/month |
| Remaining Term | x 18 months |
| Total Monthly Difference | = 5,238 CAD |
| - Required Payment** (CAD) | - 6,000 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 38 ~ 938 |
| ** The Required Payment from the vehicle owner. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
64,925 CAD
- Total Vehicle Debt: 88,193 CAD
- Paid so Far: 29,268 CAD (33% Paid)
- Remaining Lease Payments: 18,057 CAD
- Residual Value: 40,868 CAD
- Required Payment: 6,000 CAD
Vehicle Debt & Value
Paid so far: 29,268 CAD Total Vehicle Value: 88,193 CAD
Vehicle Debt Breakdown
Downpayment: 6,195 CAD Remaining Term: 18,057 CAD
Term Paid so Far: 23,073 CAD Residual Value: 40,868 CAD
Cost to Own
Already Paid: 29,268 CAD (33%)
Required Payment: 6,000 CAD (6%)Buyout Price Today: 64,925 CAD
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: 64,925 CAD
- 4.9%Interest Rate x 48 months
- 1,492 CAD/month + tax
- Total Payable: 71,627 CAD
- Total Interest: 6,702 CAD
- 8.9%Interest Rate x 48 months
- 1,613 CAD/month + tax
- Total Payable: 77,404 CAD
- Total Interest: 12,479 CAD
- 14.9%Interest Rate x 48 months
- 1,804 CAD/month + tax
- Total Payable: 86,574 CAD
- Total Interest: 21,649 CAD
At the end of the Lease Contract
Residual Value: 40,868 CAD (in 18 months)
- 4.9%Interest Rate x 48 months
- 939 CAD/month + tax
- Total Payable: 45,087 CAD
- Total Interest: 4,219 CAD
- 8.9%Interest Rate x 48 months
- 1,015 CAD/month + tax
- Total Payable: 48,723 CAD
- Total Interest: 7,855 CAD
- 14.9%Interest Rate x 48 months
- 1,135 CAD/month + tax
- Total Payable: 54,495 CAD
- Total Interest: 13,627 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)
39.22
- + tax
- + fuel
- + insurance
- 29.44CAD/100km (TODAY without the Cash Incentive)
- 60.19CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
43.94
- + tax
- + insurance
- + km driven & fuel
- 32.98CAD/day (Original Contract back in Sep, 2020)
Remaining Km
Can be driven up to:
786.32
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Sep, 2020)
Seller Contact Info
This Contract was Already Transferred.
Similar Listings in Toronto
+ 3,000 cash
2022 BMW
Alpina XB7 Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included
Payment Details
- Current Payment: 3,083 CAD/month + tax
- Cash Incentive: 3,000 CAD
- Payment After Incentive: 2,333 CAD/month + tax
- Original Downpayment: 3,416 CAD
- Months to End: 4 months (Apr, 2025)
Vehicle Status
- Contract Allowance: 12,000 km/year
- Current Odometer: 19,300 km total
- Available Now: 47,100 km/year (3,925 per month)
- Please note that this contract ends in less than a year.
Deal Special Perks
+ 1,500 cash
2023 Jeep
Willy xe Automatique AWD Custome Preferred package 22W
Payment Details
- Current Payment: 612 CAD/month + tax
- Cash Incentive: 1,500 CAD
- Payment After Incentive: 568 CAD/month + tax
- Original Downpayment: 4,500 CAD
- Months to End: 34 months (Jul, 2028)
Vehicle Status
- Contract Allowance: 19,000 km/year
- Current Odometer: 37,800 km total
- Available Now: 19,629 km/year (1,636 per month)
+ 2,000 cash
2024 Volkswagen
Atlas Execline 2.0 Automatique AWD
Payment Details
- Current Payment: 818 CAD/month + tax
- Cash Incentive: 2,000 CAD
- Payment After Incentive: 757 CAD/month + tax
- Residual Value: 29,038 CAD
- Months to End: 33 months (Jul, 2028)
Vehicle Status
- Contract Allowance: 10,000 km/year
- Current Odometer: 12,500 km total
- Available Now: 6,061 km/year (505 per month)
+ 1,500 cash
2022 Mercedes-Benz
GLC 43 AMG Automatique AWD Premium Package, AMG Package, Technology Package, Intelligent Drive Package
Payment Details
- Current Payment: 1,031 CAD/month + tax
- Cash Incentive: 1,500 CAD
- Payment After Incentive: 937 CAD/month + tax
- Original Downpayment: 12,983 CAD
- Residual Value: 39,797 CAD
- Months to End: 16 months (Jan, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 37,000 km total
- Available Now: 27,250 km/year (2,271 per month)
- Excess Km Cost: 0.30 CAD/km
Deal Special Perks
+ 2,000 cash
2023 Nissan
Rogue SV Automatique AWD Moonroof, Navigation, Android Auto/Apple Carplay, Sirius XM
Payment Details
- Current Payment: 494 CAD/month + tax
- Required Payment: 2,000 CAD
- Payment Including Incentive: 716 CAD/month + tax
- Original Downpayment: 2,168 CAD
- Residual Value: 28,748 CAD
- Months to End: 9 months (Dec, 2024)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 35,000 km total
- Available Now: 6,667 km/year (556 per month)
- Please note that this contract ends in less than a year.
- Excess Km Cost: 0.10 CAD/km
SAVE ~2,700 CAD
2022 Nissan
Rouge Platinum Automatique AWD Tricare Hazard Protect
Payment Details
- Current Payment: 745 CAD/month + tax
- Original Downpayment: 2,000 CAD
- Residual Value: 16,707 CAD
- Months to End: 22 months (Aug, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 18,000 km total
- Available Now: 43,818 km/year (3,652 per month)
