Payment Analysis

578.00CAD/monthin Saint-Constant, QC
    Before Taxes:
  • 578.00 CAD/month
  • 266.77 CAD/bi-weekly
  • 133.38 CAD/week
  • 6,936.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 664.58 CAD/month
  • 306.73 CAD/bi-weekly
  • 153.37 CAD/week
  • 7,975.01 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: 784 ~ 1,184 CAD

compared to leasing a BRAND NEW:

  • TOYOTA HIGHLANDER XLE AWD
  • for 52 months
  • in QC
  • $0 down payment
  • 22,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 576
This Contract (CAD/month) 578
Monthly Difference -2 CAD/month
Remaining Term x 8 months
Total Monthly Difference = -16 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 784 ~ 1,184

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 26,124 CAD
  • Total Vehicle Debt: 56,180 CAD
  • Paid so Far: 30,056 CAD (53% Paid)
  • Remaining Lease Payments: 4,624 CAD
  • Residual Value: 21,500 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 30,056 CAD Total Vehicle Value: 56,180 CAD
53% Paid
47%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,624 CAD
Term Paid so Far: 30,056 CAD Residual Value: 21,500 CAD
0%
53%
8%
39%
Cost to Own
Already Paid: 30,056 CAD (53%)
Cash Incentive: 0 CAD Buyout Price Today: 26,124 CAD
53% Paid
0%
47%
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: 26,124 CAD

  • 4.9%Interest Rate x 48 months
  • 600 CAD/month + tax
  • Total Payable: 28,821 CAD
  • Total Interest: 2,697 CAD
  • 8.9%Interest Rate x 48 months
  • 649 CAD/month + tax
  • Total Payable: 31,145 CAD
  • Total Interest: 5,021 CAD
  • 14.9%Interest Rate x 48 months
  • 726 CAD/month + tax
  • Total Payable: 34,835 CAD
  • Total Interest: 8,711 CAD

At the end of the Lease Contract

Residual Value: 21,500 CAD (in 8 months)

  • 4.9%Interest Rate x 48 months
  • 494 CAD/month + tax
  • Total Payable: 23,720 CAD
  • Total Interest: 2,220 CAD
  • 8.9%Interest Rate x 48 months
  • 534 CAD/month + tax
  • Total Payable: 25,632 CAD
  • Total Interest: 4,132 CAD
  • 14.9%Interest Rate x 48 months
  • 597 CAD/month + tax
  • Total Payable: 28,669 CAD
  • Total Interest: 7,169 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)
4.97
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 34.68CAD/100km (Original Contract back in Nov, 2021)
Time Analysis
Cost per day: (CAD)
19.00
  • + tax
  • + insurance
  • + km driven & fuel
(0.41CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,682.69
  • km/week
  • without any
  • additional costs
Excess km cost: 0.50CAD
  • 384.62km/week (Contract Original back in Nov, 2021)

Seller Contact Info

This Contract was Already Transferred.

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