Payment Analysis
452.27CAD/monthin Montreal, QC
- 452.27 CAD/month
- 208.74 CAD/bi-weekly
- 104.37 CAD/week
- 5,427.24 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 520.02 CAD/month
- 240.01 CAD/bi-weekly
- 120.00 CAD/week
- 6,240.24 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:
6,000 ~ 6,400 CAD
compared to leasing a BRAND NEW:
- ACURA ILX PREMIUM A-SPEC
- for 24 months
- in QC
- $0 down payment
- 30,000 km/year
| Leasing New (CAD/month) | 752 |
|---|---|
| This Contract (CAD/month) | 452 |
| Monthly Difference | 300 CAD/month |
| Remaining Term | x 14 months |
| Total Monthly Difference | = 4,200 CAD |
| + Cash Incentive** (CAD) | + 1,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 6,000 ~ 6,400 |
| ** "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:
21,307 CAD
- Total Vehicle Debt: 37,684 CAD
- Paid so Far: 15,377 CAD (40% Paid)
- Remaining Lease Payments: 6,332 CAD
- Residual Value: 15,975 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 15,377 CAD Total Vehicle Value: 37,684 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,332 CAD
Term Paid so Far: 15,377 CAD Residual Value: 15,975 CAD
Cost to Own
Already Paid: 15,377 CAD (40%)
Cash Incentive: 1,000 CAD Buyout Price Today: 21,307 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: 21,307 CAD
- 4.9%Interest Rate x 48 months
- 490 CAD/month + tax
- Total Payable: 23,507 CAD
- Total Interest: 2,200 CAD
- 8.9%Interest Rate x 48 months
- 529 CAD/month + tax
- Total Payable: 25,402 CAD
- Total Interest: 4,095 CAD
- 14.9%Interest Rate x 48 months
- 592 CAD/month + tax
- Total Payable: 28,412 CAD
- Total Interest: 7,105 CAD
At the end of the Lease Contract
Residual Value: 15,975 CAD (in 14 months)
- 4.9%Interest Rate x 48 months
- 367 CAD/month + tax
- Total Payable: 17,624 CAD
- Total Interest: 1,649 CAD
- 8.9%Interest Rate x 48 months
- 397 CAD/month + tax
- Total Payable: 19,046 CAD
- Total Interest: 3,071 CAD
- 14.9%Interest Rate x 48 months
- 444 CAD/month + tax
- Total Payable: 21,302 CAD
- Total Interest: 5,327 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)
9.52
- + tax
- + fuel
- + insurance
- 11.31CAD/100km (TODAY without the Cash Incentive)
- 27.14CAD/100km (Original Contract back in Feb, 2019)
Time Analysis
Cost per day: (CAD)
12.52
- + tax
- + insurance
- + km driven & fuel
- 14.87CAD/day (Original Contract back in Feb, 2019)
Remaining Km
Can be driven up to:
923.08
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Feb, 2019)
