Payment Analysis

405.00CAD/monthin Winnipeg, MB
    Before Taxes:
  • 405.00 CAD/month
  • 186.92 CAD/bi-weekly
  • 93.46 CAD/week
  • 4,860.00 CAD/year
Incl. Manitoba Taxes (13%):
  • 457.65 CAD/month
  • 211.22 CAD/bi-weekly
  • 105.61 CAD/week
  • 5,491.80 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: 1,975 ~ 2,875 CAD

compared to leasing a BRAND NEW:

  • Toyota RAV4 XLE AWD
  • for 60 months
  • in MB
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 452
This Contract (CAD/month) 405
Monthly Difference 47 CAD/month
Remaining Term x 25 months
Total Monthly Difference = 1,175 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,975 ~ 2,875

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 28,125 CAD
  • Total Vehicle Debt: 45,300 CAD
  • Paid so Far: 17,175 CAD (37% Paid)
  • Remaining Lease Payments: 10,125 CAD
  • Residual Value: 18,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,175 CAD Total Vehicle Value: 45,300 CAD
37% Paid
63%
Vehicle Debt Breakdown
Downpayment: 3,000 CAD Remaining Term: 10,125 CAD
Term Paid so Far: 14,175 CAD Residual Value: 18,000 CAD
6%
31%
22%
41%
Cost to Own
Already Paid: 17,175 CAD (37%)
Cash Incentive: 0 CAD Buyout Price Today: 28,125 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: 28,125 CAD

  • 4.9%Interest Rate x 48 months
  • 646 CAD/month + tax
  • Total Payable: 31,028 CAD
  • Total Interest: 2,903 CAD
  • 8.9%Interest Rate x 48 months
  • 699 CAD/month + tax
  • Total Payable: 33,531 CAD
  • Total Interest: 5,406 CAD
  • 14.9%Interest Rate x 48 months
  • 781 CAD/month + tax
  • Total Payable: 37,503 CAD
  • Total Interest: 9,378 CAD

At the end of the Lease Contract

Residual Value: 18,000 CAD (in 25 months)

  • 4.9%Interest Rate x 48 months
  • 414 CAD/month + tax
  • Total Payable: 19,858 CAD
  • Total Interest: 1,858 CAD
  • 8.9%Interest Rate x 48 months
  • 447 CAD/month + tax
  • Total Payable: 21,460 CAD
  • Total Interest: 3,460 CAD
  • 14.9%Interest Rate x 48 months
  • 500 CAD/month + tax
  • Total Payable: 24,002 CAD
  • Total Interest: 6,002 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)
10.26
  • + tax
  • + fuel
  • + insurance
(or 0.10CAD per km)
  • 24.30CAD/100km (Original Contract back in Jun, 2021)
Time Analysis
Cost per day: (CAD)
13.32
  • + tax
  • + insurance
  • + km driven & fuel
(0.13CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
911.08
  • km/week
  • without any
  • additional costs
Excess km cost: 0.05CAD
  • 384.62km/week (Contract Original back in Jun, 2021)

Seller Contact Info

This Contract was Already Transferred.

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Payment Details
  • Current Payment: 454 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 429 CAD/month + tax
  • Months to End: 40 months (Sep, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 14,500 km total
  • Available Now: 25,150 km/year (2,096 per month)
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