Payment Analysis
517.70CAD/monthin Toronto, ON
- 517.70 CAD/month
- 238.94 CAD/bi-weekly
- 119.47 CAD/week
- 6,212.40 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 585.00 CAD/month
- 270.00 CAD/bi-weekly
- 135.00 CAD/week
- 7,020.01 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:
3,920 ~ 4,820 CAD
compared to leasing a BRAND NEW:
- 2020 QX60 Trim QX60 3.5 PURE AWD
- for 30 months
- in Ontario
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 782 |
---|---|
This Contract (CAD/month) | 518 |
Monthly Difference | 265 CAD/month |
Remaining Term | x 8 months |
Total Monthly Difference | = 2,120 CAD |
+ Cash Incentive** (CAD) | + 1,000 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 3,920 ~ 4,820 |
** "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:
27,080 CAD
- Total Vehicle Debt: 51,615 CAD
- Paid so Far: 23,535 CAD (45% Paid)
- Remaining Lease Payments: 4,142 CAD
- Residual Value: 23,938 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 23,535 CAD Total Vehicle Value: 51,615 CAD
Vehicle Debt Breakdown
Downpayment: 2,827 CAD Remaining Term: 4,142 CAD
Term Paid so Far: 20,708 CAD Residual Value: 23,938 CAD
Cost to Own
Already Paid: 23,535 CAD (45%)
Cash Incentive: 1,000 CAD Buyout Price Today: 27,080 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: 27,080 CAD
- 4.9%Interest Rate x 48 months
- 622 CAD/month + tax
- Total Payable: 29,875 CAD
- Total Interest: 2,796 CAD
- 8.9%Interest Rate x 48 months
- 673 CAD/month + tax
- Total Payable: 32,284 CAD
- Total Interest: 5,205 CAD
- 14.9%Interest Rate x 48 months
- 752 CAD/month + tax
- Total Payable: 36,109 CAD
- Total Interest: 9,030 CAD
At the end of the Lease Contract
Residual Value: 23,938 CAD (in 8 months)
- 4.9%Interest Rate x 48 months
- 550 CAD/month + tax
- Total Payable: 26,409 CAD
- Total Interest: 2,471 CAD
- 8.9%Interest Rate x 48 months
- 595 CAD/month + tax
- Total Payable: 28,539 CAD
- Total Interest: 4,601 CAD
- 14.9%Interest Rate x 48 months
- 665 CAD/month + tax
- Total Payable: 31,920 CAD
- Total Interest: 7,982 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)
6.35
- + tax
- + fuel
- + insurance
- 8.37CAD/100km (TODAY without the Cash Incentive)
- 38.83CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
12.91
- + tax
- + insurance
- + km driven & fuel
- 17.02CAD/day (Original Contract back in Aug, 2019)
Remaining Km
Can be driven up to:
1,427.88
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Aug, 2019)
Seller Contact Info
This Contract was Already Transferred.
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