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: 9,272 ~ 10,572 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 8 months
Total Monthly Difference = 3,672 CAD
+ Cash Incentive** (CAD) + 4,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 9,272 ~ 10,572
** "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: 24,160 CAD
  • Total Vehicle Debt: 61,700 CAD
  • Paid so Far: 33,540 CAD (54% Paid)
  • Remaining Lease Payments: 5,160 CAD
  • Residual Value: 23,000 CAD
  • Cash Incentive: 4,000 CAD
Vehicle Debt & Value
Paid so far: 33,540 CAD Total Vehicle Value: 61,700 CAD
54% Paid
46%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,160 CAD
Term Paid so Far: 33,540 CAD Residual Value: 23,000 CAD
0%
54%
8%
38%
Cost to Own
Already Paid: 33,540 CAD (54%)
Cash Incentive: 4,000 CAD Buyout Price Today: 24,160 CAD
54% Paid
6%
40%
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: 24,160 CAD

  • 4.9%Interest Rate x 48 months
  • 555 CAD/month + tax
  • Total Payable: 26,654 CAD
  • Total Interest: 2,494 CAD
  • 8.9%Interest Rate x 48 months
  • 600 CAD/month + tax
  • Total Payable: 28,804 CAD
  • Total Interest: 4,644 CAD
  • 14.9%Interest Rate x 48 months
  • 671 CAD/month + tax
  • Total Payable: 32,216 CAD
  • Total Interest: 8,056 CAD

At the end of the Lease Contract

Residual Value: 23,000 CAD (in 8 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)
2.64
  • + tax
  • + fuel
  • + insurance
(inlcuding the 4,000CAD incentive)
  • 11.73CAD/100km (TODAY without the Cash Incentive)
  • 48.38CAD/100km (Original Contract back in Aug, 2018)
Time Analysis
Cost per day: (CAD)
4.77
  • + 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:
1,269.23
  • 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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