Payment Analysis

907.00CAD/monthin Toronto, ON
    Before Taxes:
  • 907.00 CAD/month
  • 418.62 CAD/bi-weekly
  • 209.31 CAD/week
  • 10,884.00 CAD/year
Incl. Ontario Taxes (13%):
  • 1,024.91 CAD/month
  • 473.04 CAD/bi-weekly
  • 236.52 CAD/week
  • 12,298.92 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: -18,468 ~ -17,568 CAD

compared to leasing a BRAND NEW:

  • RANGE ROVER VELAR VELAR SP250 AWD AUTOMATIC
  • for 24 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,639
This Contract (CAD/month) 907
Monthly Difference 732 CAD/month
Remaining Term x 1 months
Total Monthly Difference = 732 CAD
- Required Payment** (CAD) - 20,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = -18,468 ~ -17,568
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 40,907 CAD
  • Total Vehicle Debt: 78,094 CAD
  • Paid so Far: 57,187 CAD (73% Paid)
  • Remaining Lease Payments: 907 CAD
  • Residual Value: 20,000 CAD
  • Required Payment: 20,000 CAD
Vehicle Debt & Value
Paid so far: 57,187 CAD Total Vehicle Value: 78,094 CAD
73% Paid
27%
Vehicle Debt Breakdown
Downpayment: 20,000 CAD Remaining Term: 907 CAD
Term Paid so Far: 37,187 CAD Residual Value: 20,000 CAD
25%
48%
1%
26%
Cost to Own
Already Paid: 57,187 CAD (73%)
Required Payment: 20,000 CAD (25%)Buyout Price Today: 40,907 CAD
48% Paid
25%
27%
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: 40,907 CAD

  • 4.9%Interest Rate x 48 months
  • 940 CAD/month + tax
  • Total Payable: 45,130 CAD
  • Total Interest: 4,223 CAD
  • 8.9%Interest Rate x 48 months
  • 1,016 CAD/month + tax
  • Total Payable: 48,769 CAD
  • Total Interest: 7,862 CAD
  • 14.9%Interest Rate x 48 months
  • 1,136 CAD/month + tax
  • Total Payable: 54,547 CAD
  • Total Interest: 13,640 CAD

At the end of the Lease Contract

Residual Value: 20,000 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 460 CAD/month + tax
  • Total Payable: 22,065 CAD
  • Total Interest: 2,065 CAD
  • 8.9%Interest Rate x 48 months
  • 497 CAD/month + tax
  • Total Payable: 23,844 CAD
  • Total Interest: 3,844 CAD
  • 14.9%Interest Rate x 48 months
  • 556 CAD/month + tax
  • Total Payable: 26,669 CAD
  • Total Interest: 6,669 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)
37.32
  • + tax
  • + fuel
  • + insurance
(inlcuding the 20,000CAD incentive)
  • 1.62CAD/100km (TODAY without the Cash Incentive)
  • 49.47CAD/100km (Original Contract back in Aug, 2020)
Time Analysis
Cost per day: (CAD)
687.35
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 20,000CAD incentive)
  • 29.82CAD/day (Original Contract back in Aug, 2020)
Remaining Km
Can be driven up to:
12,926.77
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 423.08km/week (Contract Original back in Aug, 2020)

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Toronto

+ 1,000 cash
SAVE ~6,300 CAD
CAD/month x 12 months
2020 Jeep Wrangler Unlimited Sahara (ID: #52227)
678
Pickering, ON
2020 Jeep

Wrangler Unlimited Sahara Automatique AWD

Payment Details
  • Current Payment: 678 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 595 CAD/month + tax
  • Residual Value: 34,450 CAD
  • Months to End: 12 months (May, 2025)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 72,000 km total
  • Available Now: 22,000 km/year (1,833 per month)
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
+ 6,000 cash
CAD/month x 14 months
2022 BMW X5 xDrive40i Sports Activity (ID: #48391)
1,443
Toronto, ON
2022 BMW

X5 xDrive40i Sports Activity Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 1,443 CAD/month + tax
  • Required Payment: 6,000 CAD
  • Payment Including Incentive: 1,871 CAD/month + tax
  • Original Downpayment: 12,399 CAD
  • Residual Value: 45,150 CAD
  • Months to End: 14 months (Jul, 2025)
Vehicle Status
  • Contract Allowance: 17,454 km/year
  • Current Odometer: 16,000 km total
  • Available Now: 31,167 km/year (2,597 per month)
  • Excess Km Cost: 0.25 CAD/km
See all Details
+ 7,000 cash
SAVE ~10,200 CAD
CAD/month x 39 months
2023 BMW X3 xDrive 30i (ID: #51871)
952
Scarborough, ON
2023 BMW

X3 xDrive 30i Automatique AWD Premium Essential

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 952 CAD/month + tax
  • Cash Incentive: 7,000 CAD
  • Payment After Incentive: 772 CAD/month + tax
  • Residual Value: 28,175 CAD
  • Months to End: 39 months (Aug, 2027)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 15,038 km total
  • Available Now: 15,065 km/year (1,255 per month)
  • Excess Km Cost: 0.15 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • Large Down Payment
  • All Main Coverages
  • 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
+ 2,000 cash
SAVE ~22,400 CAD
CAD/month x 22 months
2022 BMW X5 M50 (ID: #51172)
1,837
Toronto, ON
2022 BMW

X5 M50 Automatique AWD Premium Package, Technology Package

  • Warranty Complete Term
  • Winter Tires Included
Payment Details
  • Current Payment: 1,837 CAD/month + tax
  • Cash Incentive: 2,000 CAD
  • Payment After Incentive: 1,746 CAD/month + tax
  • Residual Value: 45,448 CAD
  • Months to End: 22 months (Feb, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 28,000 km total
  • Available Now: 28,364 km/year (2,364 per month)
  • Excess Km Cost: 0.25 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Down Payment
  • All Main Coverages
  • 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
SAVE ~3,800 CAD
CAD/month x 39 months
2022 Nissan Rouge Platinum (ID: #47342)
745
Mississuaga, ON
2022 Nissan

Rouge Platinum Automatique AWD Tricare Hazard Protect

  • Wear & Tear Coverage
Payment Details
  • Current Payment: 745 CAD/month + tax
  • Original Downpayment: 2,000 CAD
  • Residual Value: 16,707 CAD
  • Months to End: 39 months (Aug, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 18,000 km total
  • Available Now: 24,718 km/year (2,060 per month)
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
+ 30,000 cash
SAVE ~-5,900 CAD
CAD/month x 24 months
2022 Acura MDX SH-AWD Platinum Elite (ID: #44869)
478
Toronto, ON
2022 Acura

MDX SH-AWD Platinum Elite Automatique AWD Acura 20” Wheel Glint Black Rims

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 478 CAD/month + tax
  • Required Payment: 30,000 CAD
  • Payment Including Incentive: 1,728 CAD/month + tax
  • Original Downpayment: 32,000 CAD
  • Residual Value: 18,720 CAD
  • Months to End: 24 months (May, 2026)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 24,644 km total
  • Available Now: 35,678 km/year (2,973 per month)
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • Large Down Payment
  • All Main Coverages
  • 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