Payment Analysis

645.00CAD/monthin Toronto, ON
    Before Taxes:
  • 645.00 CAD/month
  • 297.69 CAD/bi-weekly
  • 148.85 CAD/week
  • 7,740.00 CAD/year
Incl. Ontario Taxes (13%):
  • 728.85 CAD/month
  • 336.39 CAD/bi-weekly
  • 168.20 CAD/week
  • 8,746.20 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: 15,698 ~ 16,998 CAD

compared to leasing a BRAND NEW:

  • Infiniti Q60S Lux Automatic AWD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,104
This Contract (CAD/month) 645
Monthly Difference 459 CAD/month
Remaining Term x 22 months
Total Monthly Difference = 10,098 CAD
+ Cash Incentive** (CAD) + 4,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 15,698 ~ 16,998
** "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: 33,190 CAD
  • Total Vehicle Debt: 61,700 CAD
  • Paid so Far: 24,510 CAD (39% Paid)
  • Remaining Lease Payments: 14,190 CAD
  • Residual Value: 23,000 CAD
  • Cash Incentive: 4,000 CAD
Vehicle Debt & Value
Paid so far: 24,510 CAD Total Vehicle Value: 61,700 CAD
39% Paid
61%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 14,190 CAD
Term Paid so Far: 24,510 CAD Residual Value: 23,000 CAD
0%
39%
23%
38%
Cost to Own
Already Paid: 24,510 CAD (39%)
Cash Incentive: 4,000 CAD Buyout Price Today: 33,190 CAD
39% Paid
6%
55%
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: 33,190 CAD

  • 4.9%Interest Rate x 48 months
  • 763 CAD/month + tax
  • Total Payable: 36,616 CAD
  • Total Interest: 3,426 CAD
  • 8.9%Interest Rate x 48 months
  • 824 CAD/month + tax
  • Total Payable: 39,569 CAD
  • Total Interest: 6,379 CAD
  • 14.9%Interest Rate x 48 months
  • 922 CAD/month + tax
  • Total Payable: 44,257 CAD
  • Total Interest: 11,067 CAD

At the end of the Lease Contract

Residual Value: 23,000 CAD (in 22 months)

  • 4.9%Interest Rate x 48 months
  • 529 CAD/month + tax
  • Total Payable: 25,374 CAD
  • Total Interest: 2,374 CAD
  • 8.9%Interest Rate x 48 months
  • 571 CAD/month + tax
  • Total Payable: 27,421 CAD
  • Total Interest: 4,421 CAD
  • 14.9%Interest Rate x 48 months
  • 639 CAD/month + tax
  • Total Payable: 30,669 CAD
  • Total Interest: 7,669 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)
23.16
  • + tax
  • + fuel
  • + insurance
(inlcuding the 4,000CAD incentive)
  • 32.25CAD/100km (TODAY without the Cash Incentive)
  • 48.38CAD/100km (Original Contract back in Aug, 2018)
Time Analysis
Cost per day: (CAD)
15.23
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 4,000CAD incentive)
  • 21.21CAD/day (Original Contract back in Aug, 2018)
Remaining Km
Can be driven up to:
461.54
  • km/week
  • without any
  • additional costs
Excess km cost: 0.30CAD
  • 307.69km/week (Contract Original back in Aug, 2018)

Seller Contact Info

This Contract was Already Transferred.

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