Payment Analysis

530.00CAD/monthin Woodbridge, ON
    Before Taxes:
  • 530.00 CAD/month
  • 244.62 CAD/bi-weekly
  • 122.31 CAD/week
  • 6,360.00 CAD/year
Incl. Ontario Taxes (13%):
  • 598.90 CAD/month
  • 276.42 CAD/bi-weekly
  • 138.21 CAD/week
  • 7,186.80 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: 3,250 ~ 4,150 CAD

compared to leasing a BRAND NEW:

  • TOYOTA CAMRY HYBRID XSE 2WD
  • for 48 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 555
This Contract (CAD/month) 530
Monthly Difference 25 CAD/month
Remaining Term x 18 months
Total Monthly Difference = 450 CAD
+ Cash Incentive** (CAD) + 2,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,250 ~ 4,150
** "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: 20,751 CAD
  • Total Vehicle Debt: 44,514 CAD
  • Paid so Far: 21,763 CAD (48% Paid)
  • Remaining Lease Payments: 9,540 CAD
  • Residual Value: 13,211 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 21,763 CAD Total Vehicle Value: 44,514 CAD
48% Paid
52%
Vehicle Debt Breakdown
Downpayment: 33 CAD Remaining Term: 9,540 CAD
Term Paid so Far: 21,730 CAD Residual Value: 13,211 CAD
0%
48%
21%
31%
Cost to Own
Already Paid: 21,763 CAD (48%)
Cash Incentive: 2,000 CAD Buyout Price Today: 20,751 CAD
48% Paid
4%
48%
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: 20,751 CAD

  • 4.9%Interest Rate x 48 months
  • 477 CAD/month + tax
  • Total Payable: 22,893 CAD
  • Total Interest: 2,142 CAD
  • 8.9%Interest Rate x 48 months
  • 515 CAD/month + tax
  • Total Payable: 24,740 CAD
  • Total Interest: 3,988 CAD
  • 14.9%Interest Rate x 48 months
  • 576 CAD/month + tax
  • Total Payable: 27,671 CAD
  • Total Interest: 6,919 CAD

At the end of the Lease Contract

Residual Value: 13,211 CAD (in 18 months)

  • 4.9%Interest Rate x 48 months
  • 304 CAD/month + tax
  • Total Payable: 14,575 CAD
  • Total Interest: 1,364 CAD
  • 8.9%Interest Rate x 48 months
  • 328 CAD/month + tax
  • Total Payable: 15,750 CAD
  • Total Interest: 2,539 CAD
  • 14.9%Interest Rate x 48 months
  • 367 CAD/month + tax
  • Total Payable: 17,616 CAD
  • Total Interest: 4,405 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)
9.49
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 12.01CAD/100km (TODAY without the Cash Incentive)
  • 31.80CAD/100km (Original Contract back in Nov, 2020)
Time Analysis
Cost per day: (CAD)
13.77
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 17.42CAD/day (Original Contract back in Nov, 2020)
Remaining Km
Can be driven up to:
1,018.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Nov, 2020)

Seller Contact Info

This Contract was Already Transferred.

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