Payment Analysis

486.29CAD/monthin Toronto, ON
    Before Taxes:
  • 486.29 CAD/month
  • 224.44 CAD/bi-weekly
  • 112.22 CAD/week
  • 5,835.43 CAD/year
Incl. Ontario Taxes (13%):
  • 549.50 CAD/month
  • 253.62 CAD/bi-weekly
  • 126.81 CAD/week
  • 6,594.04 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: 496 CAD

compared to leasing a BRAND NEW:

  • Toyota Camry SE AWD with SE Upgrade
  • for 39 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 548
This Contract (CAD/month) 486
Monthly Difference 62 CAD/month
Remaining Term x 8 months
Total Monthly Difference = 496 CAD
Total Savings (CAD) = 496

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 15,140 CAD
  • Total Vehicle Debt: 41,400 CAD
  • Paid so Far: 26,259 CAD (63% Paid)
  • Remaining Lease Payments: 3,890 CAD
  • Residual Value: 11,250 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 26,259 CAD Total Vehicle Value: 41,400 CAD
63% Paid
37%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,890 CAD
Term Paid so Far: 26,259 CAD Residual Value: 11,250 CAD
0%
63%
9%
28%
Cost to Own
Already Paid: 26,259 CAD (63%)
Cash Incentive: 0 CAD Buyout Price Today: 15,140 CAD
63% Paid
0%
37%
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: 15,140 CAD

  • 4.9%Interest Rate x 48 months
  • 348 CAD/month + tax
  • Total Payable: 16,703 CAD
  • Total Interest: 1,563 CAD
  • 8.9%Interest Rate x 48 months
  • 376 CAD/month + tax
  • Total Payable: 18,050 CAD
  • Total Interest: 2,910 CAD
  • 14.9%Interest Rate x 48 months
  • 421 CAD/month + tax
  • Total Payable: 20,189 CAD
  • Total Interest: 5,048 CAD

At the end of the Lease Contract

Residual Value: 11,250 CAD (in 8 months)

  • 4.9%Interest Rate x 48 months
  • 259 CAD/month + tax
  • Total Payable: 12,411 CAD
  • Total Interest: 1,161 CAD
  • 8.9%Interest Rate x 48 months
  • 279 CAD/month + tax
  • Total Payable: 13,412 CAD
  • Total Interest: 2,162 CAD
  • 14.9%Interest Rate x 48 months
  • 313 CAD/month + tax
  • Total Payable: 15,001 CAD
  • Total Interest: 3,751 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)
4.31
  • + tax
  • + fuel
  • + insurance
(or 0.04CAD per km)
  • 25.94CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
15.99
  • + tax
  • + insurance
  • + km driven & fuel
(0.41CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,603.37
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 432.69km/week (Contract Original back in Oct, 2019)

Seller Contact Info

This Contract was Already Transferred.

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