Payment Analysis

407.00CAD/monthin Richmond Hill, ON
    Before Taxes:
  • 407.00 CAD/month
  • 187.85 CAD/bi-weekly
  • 93.92 CAD/week
  • 4,884.00 CAD/year
Incl. Ontario Taxes (13%):
  • 459.91 CAD/month
  • 212.27 CAD/bi-weekly
  • 106.13 CAD/week
  • 5,518.92 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

With this deal, you are saving: 7,728 CAD

compared to leasing a BRAND NEW:

  • Infiniti QX50
  • for 39 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 639
This Contract (CAD/month) 407
Monthly Difference 232 CAD/month
Remaining Term x 29 months
Total Monthly Difference = 6,728 CAD
+ Cash Incentive** (CAD) + 1,000
Total Savings (CAD) = 7,728
** "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: 29,148 CAD
  • Total Vehicle Debt: 37,881 CAD
  • Paid so Far: 7,733 CAD (20% Paid)
  • Remaining Lease Payments: 11,803 CAD
  • Residual Value: 18,345 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 7,733 CAD Total Vehicle Value: 37,881 CAD
20% Paid
80%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 11,803 CAD
Term Paid so Far: 7,733 CAD Residual Value: 18,345 CAD
0%
20%
31%
49%
Cost to Own
Already Paid: 7,733 CAD (20%)
Cash Incentive: 1,000 CAD Buyout Price Today: 29,148 CAD
20% Paid
2%
78%
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: 29,148 CAD

  • 4.9%Interest Rate x 48 months
  • 670 CAD/month + tax
  • Total Payable: 32,157 CAD
  • Total Interest: 3,009 CAD
  • 8.9%Interest Rate x 48 months
  • 724 CAD/month + tax
  • Total Payable: 34,750 CAD
  • Total Interest: 5,602 CAD
  • 14.9%Interest Rate x 48 months
  • 810 CAD/month + tax
  • Total Payable: 38,867 CAD
  • Total Interest: 9,719 CAD

At the end of the Lease Contract

Residual Value: 18,345 CAD (in 29 months)

  • 4.9%Interest Rate x 48 months
  • 422 CAD/month + tax
  • Total Payable: 20,239 CAD
  • Total Interest: 1,894 CAD
  • 8.9%Interest Rate x 48 months
  • 456 CAD/month + tax
  • Total Payable: 21,871 CAD
  • Total Interest: 3,526 CAD
  • 14.9%Interest Rate x 48 months
  • 510 CAD/month + tax
  • Total Payable: 24,462 CAD
  • Total Interest: 6,117 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)
16.42
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 17.94CAD/100km (TODAY without the Cash Incentive)
  • 24.42CAD/100km (Original Contract back in Oct, 2017)
Time Analysis
Cost per day: (CAD)
12.25
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 13.38CAD/day (Original Contract back in Oct, 2017)
Remaining Km
Can be driven up to:
523.61
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Oct, 2017)

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