Payment Analysis

523.84CAD/monthin Victoria, BC
    Before Taxes:
  • 523.84 CAD/month
  • 241.77 CAD/bi-weekly
  • 120.89 CAD/week
  • 6,286.08 CAD/year
Incl. B.C. Taxes (12%):
  • 586.70 CAD/month
  • 270.78 CAD/bi-weekly
  • 135.39 CAD/week
  • 7,040.41 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: 4,485 CAD

compared to leasing a BRAND NEW:

  • TOYOTA CAMRY XSE 2WD
  • for 39 months
  • in BC
  • $0 down payment
  • 26,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 622
This Contract (CAD/month) 524
Monthly Difference 99 CAD/month
Remaining Term x 15 months
Total Monthly Difference = 1,485 CAD
+ Cash Incentive** (CAD) + 3,000
Total Savings (CAD) = 4,485
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 16,485 CAD
  • Total Vehicle Debt: 45,153 CAD
  • Paid so Far: 25,668 CAD (56% Paid)
  • Remaining Lease Payments: 7,858 CAD
  • Residual Value: 11,627 CAD
  • Cash Incentive: 3,000 CAD
Vehicle Debt & Value
Paid so far: 25,668 CAD Total Vehicle Value: 45,153 CAD
56% Paid
44%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 7,858 CAD
Term Paid so Far: 25,668 CAD Residual Value: 11,627 CAD
0%
56%
17%
27%
Cost to Own
Already Paid: 25,668 CAD (56%)
Cash Incentive: 3,000 CAD Buyout Price Today: 16,485 CAD
56% Paid
6%
38%
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: 16,485 CAD

  • 4.9%Interest Rate x 48 months
  • 379 CAD/month + tax
  • Total Payable: 18,186 CAD
  • Total Interest: 1,702 CAD
  • 8.9%Interest Rate x 48 months
  • 409 CAD/month + tax
  • Total Payable: 19,653 CAD
  • Total Interest: 3,168 CAD
  • 14.9%Interest Rate x 48 months
  • 458 CAD/month + tax
  • Total Payable: 21,981 CAD
  • Total Interest: 5,497 CAD

At the end of the Lease Contract

Residual Value: 11,627 CAD (in 15 months)

  • 4.9%Interest Rate x 48 months
  • 267 CAD/month + tax
  • Total Payable: 12,827 CAD
  • Total Interest: 1,200 CAD
  • 8.9%Interest Rate x 48 months
  • 289 CAD/month + tax
  • Total Payable: 13,862 CAD
  • Total Interest: 2,235 CAD
  • 14.9%Interest Rate x 48 months
  • 323 CAD/month + tax
  • Total Payable: 15,504 CAD
  • Total Interest: 3,877 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)
5.43
  • + tax
  • + fuel
  • + insurance
(inlcuding the 3,000CAD incentive)
  • 8.78CAD/100km (TODAY without the Cash Incentive)
  • 28.57CAD/100km (Original Contract back in Sep, 2019)
Time Analysis
Cost per day: (CAD)
10.65
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 3,000CAD incentive)
  • 17.22CAD/day (Original Contract back in Sep, 2019)
Remaining Km
Can be driven up to:
1,376.56
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 423.08km/week (Contract Original back in Sep, 2019)

Seller Contact Info

This Contract was Already Transferred.

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