Payment Analysis

499.00CAD/monthin Mississauga, ON
    Before Taxes:
  • 499.00 CAD/month
  • 230.31 CAD/bi-weekly
  • 115.15 CAD/week
  • 5,988.00 CAD/year
Incl. Ontario Taxes (13%):
  • 563.87 CAD/month
  • 260.25 CAD/bi-weekly
  • 130.12 CAD/week
  • 6,766.44 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: 3,610 ~ 4,510 CAD

compared to leasing a BRAND NEW:

  • Toyota Prius Prime 2WD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 589
This Contract (CAD/month) 499
Monthly Difference 90 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 810 CAD
+ Cash Incentive** (CAD) + 2,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,610 ~ 4,510
** "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: 19,586 CAD
  • Total Vehicle Debt: 40,548 CAD
  • Paid so Far: 18,962 CAD (46% Paid)
  • Remaining Lease Payments: 4,491 CAD
  • Residual Value: 17,095 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 18,962 CAD Total Vehicle Value: 40,548 CAD
46% Paid
54%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,491 CAD
Term Paid so Far: 18,962 CAD Residual Value: 17,095 CAD
0%
46%
11%
43%
Cost to Own
Already Paid: 18,962 CAD (46%)
Cash Incentive: 2,000 CAD Buyout Price Today: 19,586 CAD
46% Paid
5%
49%
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: 19,586 CAD

  • 4.9%Interest Rate x 48 months
  • 450 CAD/month + tax
  • Total Payable: 21,608 CAD
  • Total Interest: 2,022 CAD
  • 8.9%Interest Rate x 48 months
  • 486 CAD/month + tax
  • Total Payable: 23,351 CAD
  • Total Interest: 3,765 CAD
  • 14.9%Interest Rate x 48 months
  • 544 CAD/month + tax
  • Total Payable: 26,117 CAD
  • Total Interest: 6,531 CAD

At the end of the Lease Contract

Residual Value: 17,095 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 393 CAD/month + tax
  • Total Payable: 18,860 CAD
  • Total Interest: 1,765 CAD
  • 8.9%Interest Rate x 48 months
  • 425 CAD/month + tax
  • Total Payable: 20,381 CAD
  • Total Interest: 3,286 CAD
  • 14.9%Interest Rate x 48 months
  • 475 CAD/month + tax
  • Total Payable: 22,795 CAD
  • Total Interest: 5,700 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)
7.78
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 14.03CAD/100km (TODAY without the Cash Incentive)
  • 24.95CAD/100km (Original Contract back in Jul, 2019)
Time Analysis
Cost per day: (CAD)
9.10
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 16.41CAD/day (Original Contract back in Jul, 2019)
Remaining Km
Can be driven up to:
820.51
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 461.54km/week (Contract Original back in Jul, 2019)

Seller Contact Info

This Contract was Already Transferred.

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