Payment Analysis

294.56CAD/monthin Toronto, Ontario
    Before Taxes:
  • 294.56 CAD/month
  • 135.95 CAD/bi-weekly
  • 67.98 CAD/week
  • 3,534.72 CAD/year
Incl. Ontario Taxes (13%):
  • 332.85 CAD/month
  • 153.62 CAD/bi-weekly
  • 76.81 CAD/week
  • 3,994.23 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: 1,920 ~ 2,320 CAD

compared to leasing a BRAND NEW:

  • Toyota Camry SE
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 364
This Contract (CAD/month) 295
Monthly Difference 70 CAD/month
Remaining Term x 16 months
Total Monthly Difference = 1,120 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 1,920 ~ 2,320

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 20,413 CAD
  • Total Vehicle Debt: 27,188 CAD
  • Paid so Far: 6,775 CAD (24% Paid)
  • Remaining Lease Payments: 4,713 CAD
  • Residual Value: 15,700 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 6,775 CAD Total Vehicle Value: 27,188 CAD
24% Paid
76%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,713 CAD
Term Paid so Far: 6,775 CAD Residual Value: 15,700 CAD
0%
24%
17%
59%
Cost to Own
Already Paid: 6,775 CAD (24%)
Cash Incentive: 0 CAD Buyout Price Today: 20,413 CAD
24% Paid
0%
76%
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: 20,413 CAD

  • 4.9%Interest Rate x 48 months
  • 469 CAD/month + tax
  • Total Payable: 22,520 CAD
  • Total Interest: 2,107 CAD
  • 8.9%Interest Rate x 48 months
  • 507 CAD/month + tax
  • Total Payable: 24,336 CAD
  • Total Interest: 3,923 CAD
  • 14.9%Interest Rate x 48 months
  • 567 CAD/month + tax
  • Total Payable: 27,220 CAD
  • Total Interest: 6,807 CAD

At the end of the Lease Contract

Residual Value: 15,700 CAD (in 16 months)

  • 4.9%Interest Rate x 48 months
  • 361 CAD/month + tax
  • Total Payable: 17,321 CAD
  • Total Interest: 1,621 CAD
  • 8.9%Interest Rate x 48 months
  • 390 CAD/month + tax
  • Total Payable: 18,718 CAD
  • Total Interest: 3,018 CAD
  • 14.9%Interest Rate x 48 months
  • 436 CAD/month + tax
  • Total Payable: 20,935 CAD
  • Total Interest: 5,235 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)
8.65
  • + tax
  • + fuel
  • + insurance
(or 0.09CAD per km)
  • 19.64CAD/100km (Original Contract back in Oct, 2020)
Time Analysis
Cost per day: (CAD)
9.68
  • + tax
  • + insurance
  • + km driven & fuel
(0.21CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
786.06
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 346.15km/week (Contract Original back in Oct, 2020)

Seller Contact Info

This Contract was Already Transferred.

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