Payment Analysis

597.33CAD/monthin Toronto, ON
    Before Taxes:
  • 597.33 CAD/month
  • 275.69 CAD/bi-weekly
  • 137.85 CAD/week
  • 7,167.96 CAD/year
Incl. Ontario Taxes (13%):
  • 674.98 CAD/month
  • 311.53 CAD/bi-weekly
  • 155.77 CAD/week
  • 8,099.79 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: 4,460 ~ 4,860 CAD

compared to leasing a BRAND NEW:

  • Infiniti QX50 Trim QX50 ESSENTIAL 2.0T AWD
  • for 36 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 787
This Contract (CAD/month) 597
Monthly Difference 190 CAD/month
Remaining Term x 14 months
Total Monthly Difference = 2,660 CAD
+ Cash Incentive** (CAD) + 1,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 4,460 ~ 4,860
** "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: 31,877 CAD
  • Total Vehicle Debt: 53,187 CAD
  • Paid so Far: 20,309 CAD (38% Paid)
  • Remaining Lease Payments: 8,363 CAD
  • Residual Value: 24,515 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 20,309 CAD Total Vehicle Value: 53,187 CAD
38% Paid
62%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 8,363 CAD
Term Paid so Far: 20,309 CAD Residual Value: 24,515 CAD
0%
38%
15%
47%
Cost to Own
Already Paid: 20,309 CAD (38%)
Cash Incentive: 1,000 CAD Buyout Price Today: 31,877 CAD
38% Paid
1%
61%
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: 31,877 CAD

  • 4.9%Interest Rate x 48 months
  • 733 CAD/month + tax
  • Total Payable: 35,168 CAD
  • Total Interest: 3,291 CAD
  • 8.9%Interest Rate x 48 months
  • 792 CAD/month + tax
  • Total Payable: 38,004 CAD
  • Total Interest: 6,127 CAD
  • 14.9%Interest Rate x 48 months
  • 886 CAD/month + tax
  • Total Payable: 42,507 CAD
  • Total Interest: 10,629 CAD

At the end of the Lease Contract

Residual Value: 24,515 CAD (in 14 months)

  • 4.9%Interest Rate x 48 months
  • 563 CAD/month + tax
  • Total Payable: 27,046 CAD
  • Total Interest: 2,531 CAD
  • 8.9%Interest Rate x 48 months
  • 609 CAD/month + tax
  • Total Payable: 29,227 CAD
  • Total Interest: 4,712 CAD
  • 14.9%Interest Rate x 48 months
  • 681 CAD/month + tax
  • Total Payable: 32,689 CAD
  • Total Interest: 8,174 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)
16.01
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 18.18CAD/100km (TODAY without the Cash Incentive)
  • 44.80CAD/100km (Original Contract back in Jul, 2020)
Time Analysis
Cost per day: (CAD)
17.29
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 19.64CAD/day (Original Contract back in Jul, 2020)
Remaining Km
Can be driven up to:
758.24
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in Jul, 2020)

Seller Contact Info

This Contract was Already Transferred.

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