Payment Analysis

642.62CAD/monthin Mississauga, ON
    Before Taxes:
  • 642.62 CAD/month
  • 296.59 CAD/bi-weekly
  • 148.30 CAD/week
  • 7,711.44 CAD/year
Incl. Ontario Taxes (13%):
  • 726.16 CAD/month
  • 335.15 CAD/bi-weekly
  • 167.58 CAD/week
  • 8,713.93 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: 12,675 ~ 13,575 CAD

compared to leasing a BRAND NEW:

  • ACURA RDX PLATINUM ELITE A-SPEC
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,117
This Contract (CAD/month) 643
Monthly Difference 475 CAD/month
Remaining Term x 25 months
Total Monthly Difference = 11,875 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 12,675 ~ 13,575

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 39,429 CAD
  • Total Vehicle Debt: 57,408 CAD
  • Paid so Far: 17,980 CAD (31% Paid)
  • Remaining Lease Payments: 16,066 CAD
  • Residual Value: 23,363 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,980 CAD Total Vehicle Value: 57,408 CAD
31% Paid
69%
Vehicle Debt Breakdown
Downpayment: 3,199 CAD Remaining Term: 16,066 CAD
Term Paid so Far: 14,780 CAD Residual Value: 23,363 CAD
5%
26%
28%
41%
Cost to Own
Already Paid: 17,980 CAD (31%)
Cash Incentive: 0 CAD Buyout Price Today: 39,429 CAD
31% Paid
0%
69%
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: 39,429 CAD

  • 4.9%Interest Rate x 48 months
  • 906 CAD/month + tax
  • Total Payable: 43,499 CAD
  • Total Interest: 4,070 CAD
  • 8.9%Interest Rate x 48 months
  • 979 CAD/month + tax
  • Total Payable: 47,007 CAD
  • Total Interest: 7,578 CAD
  • 14.9%Interest Rate x 48 months
  • 1,095 CAD/month + tax
  • Total Payable: 52,576 CAD
  • Total Interest: 13,147 CAD

At the end of the Lease Contract

Residual Value: 23,363 CAD (in 25 months)

  • 4.9%Interest Rate x 48 months
  • 537 CAD/month + tax
  • Total Payable: 25,775 CAD
  • Total Interest: 2,412 CAD
  • 8.9%Interest Rate x 48 months
  • 580 CAD/month + tax
  • Total Payable: 27,854 CAD
  • Total Interest: 4,491 CAD
  • 14.9%Interest Rate x 48 months
  • 649 CAD/month + tax
  • Total Payable: 31,154 CAD
  • Total Interest: 7,790 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)
46.57
  • + tax
  • + fuel
  • + insurance
(or 0.47CAD per km)
Time Analysis
Cost per day: (CAD)
21.13
  • + tax
  • + insurance
  • + km driven & fuel
(0.13CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
318.46
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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