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: -8,220 ~ -7,320 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 15 months
Total Monthly Difference = 10,980 CAD
- Required Payment** (CAD) - 20,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = -8,220 ~ -7,320
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 53,605 CAD
  • Total Vehicle Debt: 78,094 CAD
  • Paid so Far: 44,489 CAD (56% Paid)
  • Remaining Lease Payments: 13,605 CAD
  • Residual Value: 20,000 CAD
  • Required Payment: 20,000 CAD
Vehicle Debt & Value
Paid so far: 44,489 CAD Total Vehicle Value: 78,094 CAD
56% Paid
44%
Vehicle Debt Breakdown
Downpayment: 20,000 CAD Remaining Term: 13,605 CAD
Term Paid so Far: 24,489 CAD Residual Value: 20,000 CAD
25%
31%
17%
27%
Cost to Own
Already Paid: 44,489 CAD (56%)
Required Payment: 20,000 CAD (26%)Buyout Price Today: 53,605 CAD
30% Paid
26%
44%
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: 53,605 CAD

  • 4.9%Interest Rate x 48 months
  • 1,232 CAD/month + tax
  • Total Payable: 59,139 CAD
  • Total Interest: 5,534 CAD
  • 8.9%Interest Rate x 48 months
  • 1,331 CAD/month + tax
  • Total Payable: 63,908 CAD
  • Total Interest: 10,303 CAD
  • 14.9%Interest Rate x 48 months
  • 1,489 CAD/month + tax
  • Total Payable: 71,479 CAD
  • Total Interest: 17,874 CAD

At the end of the Lease Contract

Residual Value: 20,000 CAD (in 15 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)
59.99
  • + tax
  • + fuel
  • + insurance
(inlcuding the 20,000CAD incentive)
  • 24.29CAD/100km (TODAY without the Cash Incentive)
  • 49.47CAD/100km (Original Contract back in Aug, 2020)
Time Analysis
Cost per day: (CAD)
73.65
  • + 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:
861.78
  • 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.

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