Payment Analysis

507.00CAD/monthin Toronto, ON
    Before Taxes:
  • 507.00 CAD/month
  • 234.00 CAD/bi-weekly
  • 117.00 CAD/week
  • 6,084.00 CAD/year
Incl. Ontario Taxes (13%):
  • 572.91 CAD/month
  • 264.42 CAD/bi-weekly
  • 132.21 CAD/week
  • 6,874.92 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: 27,298 CAD
  • Total Vehicle Debt: 45,536 CAD
  • Paid so Far: 17,238 CAD (37% Paid)
  • Remaining Lease Payments: 14,703 CAD
  • Residual Value: 13,595 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 17,238 CAD Total Vehicle Value: 45,536 CAD
37% Paid
63%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 14,703 CAD
Term Paid so Far: 17,238 CAD Residual Value: 13,595 CAD
0%
37%
32%
31%
Cost to Own
Already Paid: 17,238 CAD (37%)
Cash Incentive: 1,000 CAD Buyout Price Today: 27,298 CAD
37% Paid
2%
61%
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: 27,298 CAD

  • 4.9%Interest Rate x 48 months
  • 627 CAD/month + tax
  • Total Payable: 30,116 CAD
  • Total Interest: 2,818 CAD
  • 8.9%Interest Rate x 48 months
  • 678 CAD/month + tax
  • Total Payable: 32,545 CAD
  • Total Interest: 5,247 CAD
  • 14.9%Interest Rate x 48 months
  • 758 CAD/month + tax
  • Total Payable: 36,400 CAD
  • Total Interest: 9,102 CAD

At the end of the Lease Contract

Residual Value: 13,595 CAD (in 29 months)

  • 4.9%Interest Rate x 48 months
  • 312 CAD/month + tax
  • Total Payable: 14,998 CAD
  • Total Interest: 1,403 CAD
  • 8.9%Interest Rate x 48 months
  • 338 CAD/month + tax
  • Total Payable: 16,208 CAD
  • Total Interest: 2,613 CAD
  • 14.9%Interest Rate x 48 months
  • 378 CAD/month + tax
  • Total Payable: 18,128 CAD
  • Total Interest: 4,533 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)
18.77
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 20.14CAD/100km (TODAY without the Cash Incentive)
  • 30.42CAD/100km (Original Contract back in Jan, 2017)
Time Analysis
Cost per day: (CAD)
15.53
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 16.67CAD/day (Original Contract back in Jan, 2017)
Remaining Km
Can be driven up to:
580.90
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Jan, 2017)