Payment Analysis

422.82CAD/monthin Toronto, ON
    Before Taxes:
  • 422.82 CAD/month
  • 195.15 CAD/bi-weekly
  • 97.57 CAD/week
  • 5,073.84 CAD/year
Incl. Ontario Taxes (13%):
  • 477.79 CAD/month
  • 220.52 CAD/bi-weekly
  • 110.26 CAD/week
  • 5,733.44 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: 1,925 ~ 2,325 CAD

compared to leasing a BRAND NEW:

  • Infiniti LTQ50 RED SPORT I-LINE AWD
  • for 42 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 797
This Contract (CAD/month) 423
Monthly Difference 375 CAD/month
Remaining Term x 3 months
Total Monthly Difference = 1,125 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 1,925 ~ 2,325

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 29,346 CAD
  • Total Vehicle Debt: 58,069 CAD
  • Paid so Far: 28,722 CAD (49% Paid)
  • Remaining Lease Payments: 1,268 CAD
  • Residual Value: 28,078 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 28,722 CAD Total Vehicle Value: 58,069 CAD
49% Paid
51%
Vehicle Debt Breakdown
Downpayment: 8,850 CAD Remaining Term: 1,268 CAD
Term Paid so Far: 19,873 CAD Residual Value: 28,078 CAD
15%
34%
2%
49%
Cost to Own
Already Paid: 28,722 CAD (49%)
Cash Incentive: 0 CAD Buyout Price Today: 29,346 CAD
49% Paid
0%
51%
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: 29,346 CAD

  • 4.9%Interest Rate x 48 months
  • 674 CAD/month + tax
  • Total Payable: 32,376 CAD
  • Total Interest: 3,030 CAD
  • 8.9%Interest Rate x 48 months
  • 729 CAD/month + tax
  • Total Payable: 34,987 CAD
  • Total Interest: 5,641 CAD
  • 14.9%Interest Rate x 48 months
  • 815 CAD/month + tax
  • Total Payable: 39,132 CAD
  • Total Interest: 9,785 CAD

At the end of the Lease Contract

Residual Value: 28,078 CAD (in 3 months)

  • 4.9%Interest Rate x 48 months
  • 645 CAD/month + tax
  • Total Payable: 30,977 CAD
  • Total Interest: 2,899 CAD
  • 8.9%Interest Rate x 48 months
  • 697 CAD/month + tax
  • Total Payable: 33,475 CAD
  • Total Interest: 5,397 CAD
  • 14.9%Interest Rate x 48 months
  • 780 CAD/month + tax
  • Total Payable: 37,440 CAD
  • Total Interest: 9,362 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)
2.16
  • + tax
  • + fuel
  • + insurance
(or 0.02CAD per km)
  • 31.71CAD/100km (Original Contract back in Nov, 2020)
Time Analysis
Cost per day: (CAD)
13.90
  • + tax
  • + insurance
  • + km driven & fuel
(1.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
4,512.82
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 307.69km/week (Contract Original back in Nov, 2020)

Seller Contact Info

This Contract was Already Transferred.

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