Payment Analysis

622.17CAD/monthin Toronto, ON
    Before Taxes:
  • 622.17 CAD/month
  • 287.16 CAD/bi-weekly
  • 143.58 CAD/week
  • 7,466.04 CAD/year
Incl. Ontario Taxes (13%):
  • 703.05 CAD/month
  • 324.49 CAD/bi-weekly
  • 162.24 CAD/week
  • 8,436.63 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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 39,581 CAD
  • Total Vehicle Debt: 54,769 CAD
  • Paid so Far: 13,688 CAD (24% Paid)
  • Remaining Lease Payments: 16,176 CAD
  • Residual Value: 24,905 CAD
  • Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 13,688 CAD Total Vehicle Value: 54,769 CAD
24% Paid
76%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 16,176 CAD
Term Paid so Far: 13,688 CAD Residual Value: 24,905 CAD
0%
24%
29%
47%
Cost to Own
Already Paid: 13,688 CAD (24%)
Cash Incentive: 1,500 CAD Buyout Price Today: 39,581 CAD
24% Paid
2%
74%
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: 39,581 CAD

  • 4.9%Interest Rate x 48 months
  • 910 CAD/month + tax
  • Total Payable: 43,668 CAD
  • Total Interest: 4,086 CAD
  • 8.9%Interest Rate x 48 months
  • 983 CAD/month + tax
  • Total Payable: 47,189 CAD
  • Total Interest: 7,608 CAD
  • 14.9%Interest Rate x 48 months
  • 1,100 CAD/month + tax
  • Total Payable: 52,780 CAD
  • Total Interest: 13,198 CAD

At the end of the Lease Contract

Residual Value: 24,905 CAD (in 26 months)

  • 4.9%Interest Rate x 48 months
  • 572 CAD/month + tax
  • Total Payable: 27,476 CAD
  • Total Interest: 2,571 CAD
  • 8.9%Interest Rate x 48 months
  • 619 CAD/month + tax
  • Total Payable: 29,692 CAD
  • Total Interest: 4,787 CAD
  • 14.9%Interest Rate x 48 months
  • 692 CAD/month + tax
  • Total Payable: 33,209 CAD
  • Total Interest: 8,304 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)
31.56
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
  • 34.79CAD/100km (TODAY without the Cash Incentive)
  • 62.22CAD/100km (Original Contract back in Jan, 2018)
Time Analysis
Cost per day: (CAD)
18.56
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
  • 20.45CAD/day (Original Contract back in Jan, 2018)
Remaining Km
Can be driven up to:
412.72
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 230.77km/week (Contract Original back in Jan, 2018)

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