Payment Analysis

1,037.17CAD/monthin Toronto, ON
    Before Taxes:
  • 1,037.17 CAD/month
  • 478.69 CAD/bi-weekly
  • 239.35 CAD/week
  • 12,446.04 CAD/year
Incl. Ontario Taxes (13%):
  • 1,172.00 CAD/month
  • 540.92 CAD/bi-weekly
  • 270.46 CAD/week
  • 14,064.03 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: 41,514 CAD

compared to leasing a BRAND NEW:

<ul>
<li>LINCOLN CONTINENTAL RESERVE</li>
<li>for 12 months</li> 
<li>in Ontario</li> 
<li>$0 down payment</li>
<li>25,000 km/year</li>
</ul>

Savings Breakdown:
Leasing New (CAD/month) 1,851
This Contract (CAD/month) 1,037
Monthly Difference 814 CAD/month
Remaining Term x 51 months
Total Monthly Difference = 41,514 CAD
Total Savings (CAD) = 41,514

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 81,756 CAD
  • Total Vehicle Debt: 81,644 CAD
  • Paid so Far: -112 CAD (-1% Paid)
  • Remaining Lease Payments: 52,896 CAD
  • Residual Value: 28,860 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -112 CAD Total Vehicle Value: 81,644 CAD
-1% Paid
101%
Vehicle Debt Breakdown
Downpayment: 3,000 CAD Remaining Term: 52,896 CAD
Term Paid so Far: -3,112 CAD Residual Value: 28,860 CAD
26%
-27%
65%
36%
Cost to Own
Already Paid: -112 CAD (-1%)
Cash Incentive: 0 CAD Buyout Price Today: 81,756 CAD
-1% Paid
0%
101%
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: 81,756 CAD

  • 4.9%Interest Rate x 48 months
  • 1,879 CAD/month + tax
  • Total Payable: 90,196 CAD
  • Total Interest: 8,440 CAD
  • 8.9%Interest Rate x 48 months
  • 2,031 CAD/month + tax
  • Total Payable: 97,469 CAD
  • Total Interest: 15,714 CAD
  • 14.9%Interest Rate x 48 months
  • 2,271 CAD/month + tax
  • Total Payable: 109,017 CAD
  • Total Interest: 27,261 CAD

At the end of the Lease Contract

Residual Value: 28,860 CAD (in 51 months)

  • 4.9%Interest Rate x 48 months
  • 663 CAD/month + tax
  • Total Payable: 31,839 CAD
  • Total Interest: 2,979 CAD
  • 8.9%Interest Rate x 48 months
  • 717 CAD/month + tax
  • Total Payable: 34,407 CAD
  • Total Interest: 5,547 CAD
  • 14.9%Interest Rate x 48 months
  • 802 CAD/month + tax
  • Total Payable: 38,483 CAD
  • Total Interest: 9,623 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)
146.93
  • + tax
  • + fuel
  • + insurance
(or 1.47CAD per km)
Time Analysis
Cost per day: (CAD)
34.10
  • + tax
  • + insurance
  • + km driven & fuel
(0.06CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
162.90
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Similar Listings in Toronto

+ 2,000 cash
CAD/month x 26 months
2024 Audi S5 Sportback Progressiv (ID: #58437)
1,024
Toronto
2024 Audi

S5 Sportback Progressiv Automatique AWD 360 camera, 20" wheels, Prepaid maintenance, lease excess wear waiverca

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 1,024 CAD/month + tax
  • Cash Incentive: 2,000 CAD
  • Payment After Incentive: 947 CAD/month + tax
  • Months to End: 26 months (Nov, 2027)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 16,000 km total
  • Available Now: 22,154 km/year (1,846 per month)
See all Details
CAD/month x 23 months
2022 Polestar Polestar 2 (ID: #55550)
1,120
Toronto, IN
2022 Polestar

Polestar 2 Automatique AWD

  • Winter Tires Included
Payment Details
  • Current Payment: 1,120 CAD/month + tax
  • Original Downpayment: 1,000 CAD
  • Months to End: 23 months (Aug, 2027)
Vehicle Status
  • Contract Allowance: 50,000 km/year
  • Current Odometer: 49,000 km total
  • Available Now: 102,696 km/year (8,558 per month)
See all Details
CAD/month x 3 months
2021 Infiniti Q50 Essential Tech AWD (ID: #45209)
680
Toronto, ON
2021 Infiniti

Q50 Essential Tech AWD Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 680 CAD/month + tax
  • Months to End: 3 months (Dec, 2025)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 46,000 km total
  • Available Now: 72,000 km/year (6,000 per month)
  • Please note that this contract ends in less than a year.
See all Details
CAD/month x 4 months
2022 Volvo S60 Inscription B5 (ID: #63342)
784
Toronto
2022 Volvo

S60 Inscription B5 Automatique AWD

Payment Details
  • Current Payment: 784 CAD/month + tax
  • Original Downpayment: 2,245 CAD
  • Residual Value: 33,690 CAD
  • Months to End: 4 months (Jan, 2026)
Vehicle Status
  • Contract Allowance: 12,000 km/year
  • Current Odometer: 16,000 km total
  • Available Now: 96,000 km/year (8,000 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.16 CAD/km
See all Details
+ 4,000 cash
CAD/month x 32 months
2024 Hyundai N-Line DCT Ultimate (ID: #61300)
377
Toronto On
2024 Hyundai

N-Line DCT Ultimate Automatique 2WD

Payment Details
  • Current Payment: 377 CAD/month + tax
  • Required Payment: 4,000 CAD
  • Payment Including Incentive: 502 CAD/month + tax
  • Original Downpayment: 3,500 CAD
  • Months to End: 32 months (Jun, 2028)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 22,400 km total
  • Available Now: 21,600 km/year (1,800 per month)
  • Excess Km Cost: 0.08 CAD/km
See all Details
+ 3,000 cash
CAD/month x 20 months
2022 Toyota Camry SE (ID: #59566)
482
Toronto
2022 Toyota

Camry SE Automatique 2WD

  • Warranty Complete Term
Payment Details
  • Current Payment: 482 CAD/month + tax
  • Required Payment: 3,000 CAD
  • Payment Including Incentive: 632 CAD/month + tax
  • Residual Value: 12,254 CAD
  • Months to End: 20 months (May, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 43,000 km total
  • Available Now: 34,200 km/year (2,850 per month)
  • Excess Km Cost: 0.10 CAD/km
See all Details