Payment Analysis

530.00CAD/monthin North York, 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: 6,416 ~ 7,316 CAD

compared to leasing a BRAND NEW:

  • Lexus IS300
  • for 24 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 675
This Contract (CAD/month) 530
Monthly Difference 144 CAD/month
Remaining Term x 39 months
Total Monthly Difference = 5,616 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,416 ~ 7,316

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 45,670 CAD
  • Total Vehicle Debt: 48,670 CAD
  • Paid so Far: 3,000 CAD (6% Paid)
  • Remaining Lease Payments: 20,670 CAD
  • Residual Value: 25,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 3,000 CAD Total Vehicle Value: 48,670 CAD
6% Paid
94%
Vehicle Debt Breakdown
Downpayment: 3,000 CAD Remaining Term: 20,670 CAD
Term Paid so Far: 0 CAD Residual Value: 25,000 CAD
6%
0%
42%
52%
Cost to Own
Already Paid: 3,000 CAD (6%)
Cash Incentive: 0 CAD Buyout Price Today: 45,670 CAD
6% Paid
0%
94%
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: 45,670 CAD

  • 4.9%Interest Rate x 48 months
  • 1,050 CAD/month + tax
  • Total Payable: 50,385 CAD
  • Total Interest: 4,715 CAD
  • 8.9%Interest Rate x 48 months
  • 1,134 CAD/month + tax
  • Total Payable: 54,448 CAD
  • Total Interest: 8,778 CAD
  • 14.9%Interest Rate x 48 months
  • 1,269 CAD/month + tax
  • Total Payable: 60,898 CAD
  • Total Interest: 15,228 CAD

At the end of the Lease Contract

Residual Value: 25,000 CAD (in 39 months)

  • 4.9%Interest Rate x 48 months
  • 575 CAD/month + tax
  • Total Payable: 27,581 CAD
  • Total Interest: 2,581 CAD
  • 8.9%Interest Rate x 48 months
  • 621 CAD/month + tax
  • Total Payable: 29,805 CAD
  • Total Interest: 4,805 CAD
  • 14.9%Interest Rate x 48 months
  • 695 CAD/month + tax
  • Total Payable: 33,336 CAD
  • Total Interest: 8,336 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)
56.63
  • + tax
  • + fuel
  • + insurance
(or 0.57CAD per km)
Time Analysis
Cost per day: (CAD)
17.42
  • + tax
  • + insurance
  • + km driven & fuel
(0.08CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
215.98
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Similar Listings in Toronto

+ 3,000 cash
SAVE ~5,700 CAD
CAD/month x 35 months
2023 Volkswagen GTI (ID: #52530)
652
Toronto, ON
2023 Volkswagen

GTI Automatique 2WD Autobahn

  • Warranty Complete Term
Payment Details
  • Current Payment: 652 CAD/month + tax
  • Cash Incentive: 3,000 CAD
  • Payment After Incentive: 566 CAD/month + tax
  • Residual Value: 21,631 CAD
  • Months to End: 35 months (Apr, 2027)
Vehicle Status
  • Contract Allowance: 12,000 km/year
  • Current Odometer: 8,800 km total
  • Available Now: 13,440 km/year (1,120 per month)
  • Excess Km Cost: 0.15 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details
CAD/month x 37 months
2022 Lexus IS300 Luxury (ID: #50423)
606
Windsor, ON
2022 Lexus

IS300 Luxury Automatique AWD

Payment Details
  • Current Payment: 606 CAD/month + tax
  • Residual Value: 20,517 CAD
  • Months to End: 37 months (Jun, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 18,200 km total
  • Available Now: 25,989 km/year (2,166 per month)
  • Excess Km Cost: 0.20 CAD/km
See all Details
+ 950 cash
CAD/month x 34 months
2023 Mazda Mazda3 Sport GT (ID: #46600)
598
Mississauga, ON
2023 Mazda

Mazda3 Sport GT Automatique AWD

  • Wear & Tear Coverage
Payment Details
  • Current Payment: 598 CAD/month + tax
  • Cash Incentive: 950 CAD
  • Payment After Incentive: 570 CAD/month + tax
  • Original Downpayment: 3,211 CAD
  • Residual Value: 19,315 CAD
  • Months to End: 34 months (Feb, 2027)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 4,600 km total
  • Available Now: 20,965 km/year (1,747 per month)
  • Excess Km Cost: 0.08 CAD/km
See all Details
CAD/month x 8 months
2021 Mazda Mazda3 GT Auto FWD (ID: #45347)
352
Toronto, ON
2021 Mazda

Mazda3 GT Auto FWD Automatique 2WD w/ Warranty Complete Term + Wear & Tear Coverage

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 352 CAD/month + tax
  • Months to End: 8 months (Jan, 2025)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 52,000 km total
  • Available Now: 42,000 km/year (3,500 per month)
  • Please note that this contract ends in less than a year.
See all Details
CAD/month x 8 months
2022 Honda Civic Seden EX (ID: #52873)
371
Toronto, ON
2022 Honda

Civic Seden EX CVT AWD

Payment Details
  • Current Payment: 371 CAD/month + tax
  • Residual Value: 13,650 CAD
  • Months to End: 8 months (Dec, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 29,000 km total
  • Available Now: 76,500 km/year (6,375 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.01 CAD/km
See all Details
CAD/month x 47 months
2023 Nissan Kicks SR (ID: #52586)
355
Toronto
2023 Nissan

Kicks SR Automatique 2WD

  • Warranty Complete Term
Payment Details
  • Current Payment: 355 CAD/month + tax
  • Months to End: 47 months (Mar, 2028)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 7,000 km total
  • Available Now: 18,638 km/year (1,553 per month)
See all Details