Payment Analysis

506.19CAD/monthin Vaughan, ON
    Before Taxes:
  • 506.19 CAD/month
  • 233.63 CAD/bi-weekly
  • 116.81 CAD/week
  • 6,074.28 CAD/year
Incl. Ontario Taxes (13%):
  • 571.99 CAD/month
  • 264.00 CAD/bi-weekly
  • 132.00 CAD/week
  • 6,863.94 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: 5,206 ~ 6,106 CAD

compared to leasing a BRAND NEW:

  • Lexus IS300 AWD Premium Package Automatic AWD
  • for 36 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 692
This Contract (CAD/month) 506
Monthly Difference 186 CAD/month
Remaining Term x 21 months
Total Monthly Difference = 3,906 CAD
+ Cash Incentive** (CAD) + 500
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 5,206 ~ 6,106
** "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: 30,150 CAD
  • Total Vehicle Debt: 47,354 CAD
  • Paid so Far: 16,704 CAD (35% Paid)
  • Remaining Lease Payments: 10,630 CAD
  • Residual Value: 20,020 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 16,704 CAD Total Vehicle Value: 47,354 CAD
35% Paid
65%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,630 CAD
Term Paid so Far: 16,704 CAD Residual Value: 20,020 CAD
0%
35%
22%
43%
Cost to Own
Already Paid: 16,704 CAD (35%)
Cash Incentive: 500 CAD Buyout Price Today: 30,150 CAD
35% Paid
1%
64%
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: 30,150 CAD

  • 4.9%Interest Rate x 48 months
  • 693 CAD/month + tax
  • Total Payable: 33,262 CAD
  • Total Interest: 3,112 CAD
  • 8.9%Interest Rate x 48 months
  • 749 CAD/month + tax
  • Total Payable: 35,945 CAD
  • Total Interest: 5,795 CAD
  • 14.9%Interest Rate x 48 months
  • 838 CAD/month + tax
  • Total Payable: 40,203 CAD
  • Total Interest: 10,053 CAD

At the end of the Lease Contract

Residual Value: 20,020 CAD (in 21 months)

  • 4.9%Interest Rate x 48 months
  • 460 CAD/month + tax
  • Total Payable: 22,087 CAD
  • Total Interest: 2,067 CAD
  • 8.9%Interest Rate x 48 months
  • 497 CAD/month + tax
  • Total Payable: 23,868 CAD
  • Total Interest: 3,848 CAD
  • 14.9%Interest Rate x 48 months
  • 556 CAD/month + tax
  • Total Payable: 26,696 CAD
  • Total Interest: 6,676 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)
13.66
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 14.33CAD/100km (TODAY without the Cash Incentive)
  • 32.91CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
15.86
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 16.64CAD/day (Original Contract back in Oct, 2019)
Remaining Km
Can be driven up to:
815.16
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 355.00km/week (Contract Original back in Oct, 2019)

Seller Contact Info

This Contract was Already Transferred.

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