Payment Analysis

451.22CAD/monthin Brampton, ON
    Before Taxes:
  • 451.22 CAD/month
  • 208.26 CAD/bi-weekly
  • 104.13 CAD/week
  • 5,414.64 CAD/year
Incl. Ontario Taxes (13%):
  • 509.88 CAD/month
  • 235.33 CAD/bi-weekly
  • 117.66 CAD/week
  • 6,118.54 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: 1,535 ~ 2,435 CAD

compared to leasing a BRAND NEW:

  • Acura ILX TECH A-SPEC
  • for 39 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 598
This Contract (CAD/month) 451
Monthly Difference 147 CAD/month
Remaining Term x 5 months
Total Monthly Difference = 735 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,535 ~ 2,435

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 18,766 CAD
  • Total Vehicle Debt: 38,168 CAD
  • Paid so Far: 19,402 CAD (50% Paid)
  • Remaining Lease Payments: 2,256 CAD
  • Residual Value: 16,509 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 19,402 CAD Total Vehicle Value: 38,168 CAD
50% Paid
50%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,256 CAD
Term Paid so Far: 19,402 CAD Residual Value: 16,509 CAD
0%
50%
6%
44%
Cost to Own
Already Paid: 19,402 CAD (50%)
Cash Incentive: 0 CAD Buyout Price Today: 18,766 CAD
50% Paid
0%
50%
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: 18,766 CAD

  • 4.9%Interest Rate x 48 months
  • 431 CAD/month + tax
  • Total Payable: 20,703 CAD
  • Total Interest: 1,937 CAD
  • 8.9%Interest Rate x 48 months
  • 466 CAD/month + tax
  • Total Payable: 22,372 CAD
  • Total Interest: 3,607 CAD
  • 14.9%Interest Rate x 48 months
  • 521 CAD/month + tax
  • Total Payable: 25,023 CAD
  • Total Interest: 6,257 CAD

At the end of the Lease Contract

Residual Value: 16,509 CAD (in 5 months)

  • 4.9%Interest Rate x 48 months
  • 379 CAD/month + tax
  • Total Payable: 18,214 CAD
  • Total Interest: 1,704 CAD
  • 8.9%Interest Rate x 48 months
  • 410 CAD/month + tax
  • Total Payable: 19,683 CAD
  • Total Interest: 3,173 CAD
  • 14.9%Interest Rate x 48 months
  • 459 CAD/month + tax
  • Total Payable: 22,014 CAD
  • Total Interest: 5,505 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)
4.88
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 45.12CAD/100km (Original Contract back in Oct, 2020)
Time Analysis
Cost per day: (CAD)
14.83
  • + tax
  • + insurance
  • + km driven & fuel
(0.66CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,134.34
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 230.77km/week (Contract Original back in Oct, 2020)

Seller Contact Info

This Contract was Already Transferred.

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