Payment Analysis

739.92CAD/monthin Toronto, ON
    Before Taxes:
  • 739.92 CAD/month
  • 341.50 CAD/bi-weekly
  • 170.75 CAD/week
  • 8,879.04 CAD/year
Incl. Ontario Taxes (13%):
  • 836.11 CAD/month
  • 385.90 CAD/bi-weekly
  • 192.95 CAD/week
  • 10,033.32 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: 696 CAD

compared to leasing a BRAND NEW:

  • Acura TLX Aspec Automatic AWD
  • for 39 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 797
This Contract (CAD/month) 740
Monthly Difference 58 CAD/month
Remaining Term x 12 months
Total Monthly Difference = 696 CAD
Total Savings (CAD) = 696

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 32,045 CAD
  • Total Vehicle Debt: 60,875 CAD
  • Paid so Far: 28,830 CAD (47% Paid)
  • Remaining Lease Payments: 8,879 CAD
  • Residual Value: 23,166 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 28,830 CAD Total Vehicle Value: 60,875 CAD
47% Paid
53%
Vehicle Debt Breakdown
Downpayment: 2,193 CAD Remaining Term: 8,879 CAD
Term Paid so Far: 26,637 CAD Residual Value: 23,166 CAD
3%
44%
14%
39%
Cost to Own
Already Paid: 28,830 CAD (47%)
Cash Incentive: 0 CAD Buyout Price Today: 32,045 CAD
47% Paid
0%
53%
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: 32,045 CAD

  • 4.9%Interest Rate x 48 months
  • 737 CAD/month + tax
  • Total Payable: 35,353 CAD
  • Total Interest: 3,308 CAD
  • 8.9%Interest Rate x 48 months
  • 796 CAD/month + tax
  • Total Payable: 38,205 CAD
  • Total Interest: 6,159 CAD
  • 14.9%Interest Rate x 48 months
  • 890 CAD/month + tax
  • Total Payable: 42,731 CAD
  • Total Interest: 10,685 CAD

At the end of the Lease Contract

Residual Value: 23,166 CAD (in 12 months)

  • 4.9%Interest Rate x 48 months
  • 532 CAD/month + tax
  • Total Payable: 25,558 CAD
  • Total Interest: 2,392 CAD
  • 8.9%Interest Rate x 48 months
  • 575 CAD/month + tax
  • Total Payable: 27,619 CAD
  • Total Interest: 4,453 CAD
  • 14.9%Interest Rate x 48 months
  • 644 CAD/month + tax
  • Total Payable: 30,891 CAD
  • Total Interest: 7,725 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)
9.99
  • + tax
  • + fuel
  • + insurance
(or 0.10CAD per km)
  • 37.00CAD/100km (Original Contract back in Oct, 2020)
Time Analysis
Cost per day: (CAD)
24.33
  • + tax
  • + insurance
  • + km driven & fuel
(0.27CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,710.06
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 461.54km/week (Contract Original back in Oct, 2020)

Seller Contact Info

This Contract was Already Transferred.

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