Payment Analysis

223.00CAD/monthin Pierrefonds, QC
    Before Taxes:
  • 223.00 CAD/month
  • 102.92 CAD/bi-weekly
  • 51.46 CAD/week
  • 2,676.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 256.41 CAD/month
  • 118.34 CAD/bi-weekly
  • 59.17 CAD/week
  • 3,076.86 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: 14,830 ~ 16,130 CAD

compared to leasing a BRAND NEW:

  • Toyota Camry LE
  • for 36 months
  • in Quebec
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 518
This Contract (CAD/month) 223
Monthly Difference 294 CAD/month
Remaining Term x 45 months
Total Monthly Difference = 13,230 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 14,830 ~ 16,130

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 17,730 CAD
  • Total Vehicle Debt: 21,744 CAD
  • Paid so Far: 4,014 CAD (18% Paid)
  • Remaining Lease Payments: 10,035 CAD
  • Residual Value: 7,695 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 4,014 CAD Total Vehicle Value: 21,744 CAD
18% Paid
82%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,035 CAD
Term Paid so Far: 4,014 CAD Residual Value: 7,695 CAD
0%
18%
46%
36%
Cost to Own
Already Paid: 4,014 CAD (18%)
Cash Incentive: 0 CAD Buyout Price Today: 17,730 CAD
18% Paid
0%
82%
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: 17,730 CAD

  • 4.9%Interest Rate x 48 months
  • 408 CAD/month + tax
  • Total Payable: 19,560 CAD
  • Total Interest: 1,830 CAD
  • 8.9%Interest Rate x 48 months
  • 440 CAD/month + tax
  • Total Payable: 21,138 CAD
  • Total Interest: 3,408 CAD
  • 14.9%Interest Rate x 48 months
  • 493 CAD/month + tax
  • Total Payable: 23,642 CAD
  • Total Interest: 5,912 CAD

At the end of the Lease Contract

Residual Value: 7,695 CAD (in 45 months)

  • 4.9%Interest Rate x 48 months
  • 177 CAD/month + tax
  • Total Payable: 8,489 CAD
  • Total Interest: 794 CAD
  • 8.9%Interest Rate x 48 months
  • 191 CAD/month + tax
  • Total Payable: 9,174 CAD
  • Total Interest: 1,479 CAD
  • 14.9%Interest Rate x 48 months
  • 214 CAD/month + tax
  • Total Payable: 10,261 CAD
  • Total Interest: 2,566 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)
10.00
  • + tax
  • + fuel
  • + insurance
(or 0.10CAD per km)
  • 11.15CAD/100km (Original Contract back in Nov, 2016)
Time Analysis
Cost per day: (CAD)
7.33
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
514.87
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 461.54km/week (Contract Original back in Nov, 2016)

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