Payment Analysis

232.16CAD/monthin Halifax, NS
    Before Taxes:
  • 232.16 CAD/month
  • 107.15 CAD/bi-weekly
  • 53.58 CAD/week
  • 2,785.92 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 266.98 CAD/month
  • 123.22 CAD/bi-weekly
  • 61.61 CAD/week
  • 3,203.81 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: 6,736 ~ 7,136 CAD

compared to leasing a BRAND NEW:

  • Toyota RAV4 HYBRID XSE AWD
  • for 36 months
  • in NS
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 603
This Contract (CAD/month) 232
Monthly Difference 371 CAD/month
Remaining Term x 16 months
Total Monthly Difference = 5,936 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 6,736 ~ 7,136

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 17,569 CAD
  • Total Vehicle Debt: 28,017 CAD
  • Paid so Far: 10,447 CAD (37% Paid)
  • Remaining Lease Payments: 3,715 CAD
  • Residual Value: 13,855 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,447 CAD Total Vehicle Value: 28,017 CAD
37% Paid
63%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,715 CAD
Term Paid so Far: 10,447 CAD Residual Value: 13,855 CAD
0%
37%
13%
50%
Cost to Own
Already Paid: 10,447 CAD (37%)
Cash Incentive: 0 CAD Buyout Price Today: 17,569 CAD
37% Paid
0%
63%
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: 17,569 CAD

  • 4.9%Interest Rate x 48 months
  • 404 CAD/month + tax
  • Total Payable: 19,383 CAD
  • Total Interest: 1,814 CAD
  • 8.9%Interest Rate x 48 months
  • 436 CAD/month + tax
  • Total Payable: 20,946 CAD
  • Total Interest: 3,377 CAD
  • 14.9%Interest Rate x 48 months
  • 488 CAD/month + tax
  • Total Payable: 23,428 CAD
  • Total Interest: 5,858 CAD

At the end of the Lease Contract

Residual Value: 13,855 CAD (in 16 months)

  • 4.9%Interest Rate x 48 months
  • 318 CAD/month + tax
  • Total Payable: 15,285 CAD
  • Total Interest: 1,430 CAD
  • 8.9%Interest Rate x 48 months
  • 344 CAD/month + tax
  • Total Payable: 16,518 CAD
  • Total Interest: 2,663 CAD
  • 14.9%Interest Rate x 48 months
  • 385 CAD/month + tax
  • Total Payable: 18,475 CAD
  • Total Interest: 4,620 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)
8.40
  • + tax
  • + fuel
  • + insurance
(or 0.08CAD per km)
  • 15.82CAD/100km (Original Contract back in Mar, 2019)
Time Analysis
Cost per day: (CAD)
7.63
  • + tax
  • + insurance
  • + km driven & fuel
(0.21CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
637.71
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 338.73km/week (Contract Original back in Mar, 2019)

Seller Contact Info

This Contract was Already Transferred.

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