Payment Analysis

239.00CAD/monthin North York, ON
    Before Taxes:
  • 239.00 CAD/month
  • 110.31 CAD/bi-weekly
  • 55.15 CAD/week
  • 2,868.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 274.80 CAD/month
  • 126.83 CAD/bi-weekly
  • 63.42 CAD/week
  • 3,297.63 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: 11,744 ~ 12,644 CAD

compared to leasing a BRAND NEW:

  • Acura ILX Tech Pack
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 467
This Contract (CAD/month) 239
Monthly Difference 228 CAD/month
Remaining Term x 48 months
Total Monthly Difference = 10,944 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 11,744 ~ 12,644

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 32,360 CAD
  • Total Vehicle Debt: 30,809 CAD
  • Paid so Far: -1,551 CAD (-6% Paid)
  • Remaining Lease Payments: 11,472 CAD
  • Residual Value: 20,888 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -1,551 CAD Total Vehicle Value: 30,809 CAD
-6% Paid
106%
Vehicle Debt Breakdown
Downpayment: 4,424 CAD Remaining Term: 11,472 CAD
Term Paid so Far: -5,975 CAD Residual Value: 20,888 CAD
17%
-23%
37%
69%
Cost to Own
Already Paid: -1,551 CAD (-6%)
Cash Incentive: 0 CAD Buyout Price Today: 32,360 CAD
-6% Paid
0%
106%
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: 32,360 CAD

  • 4.9%Interest Rate x 48 months
  • 744 CAD/month + tax
  • Total Payable: 35,701 CAD
  • Total Interest: 3,341 CAD
  • 8.9%Interest Rate x 48 months
  • 804 CAD/month + tax
  • Total Payable: 38,580 CAD
  • Total Interest: 6,220 CAD
  • 14.9%Interest Rate x 48 months
  • 899 CAD/month + tax
  • Total Payable: 43,150 CAD
  • Total Interest: 10,790 CAD

At the end of the Lease Contract

Residual Value: 20,888 CAD (in 48 months)

  • 4.9%Interest Rate x 48 months
  • 480 CAD/month + tax
  • Total Payable: 23,044 CAD
  • Total Interest: 2,156 CAD
  • 8.9%Interest Rate x 48 months
  • 519 CAD/month + tax
  • Total Payable: 24,903 CAD
  • Total Interest: 4,015 CAD
  • 14.9%Interest Rate x 48 months
  • 580 CAD/month + tax
  • Total Payable: 27,853 CAD
  • Total Interest: 6,965 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)
36.67
  • + tax
  • + fuel
  • + insurance
(or 0.37CAD per km)
Time Analysis
Cost per day: (CAD)
7.86
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
150.40
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Similar Listings in Toronto

+ 2,000 cash
Lease Takeover Temporary Image
CAD/month x 27 months
2022 Toyota Hatchback XSE (ID: #45280)
520
Toronto
2022 Toyota

Hatchback XSE Manuelle AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 520 CAD/month + tax
  • Required Payment: 2,000 CAD
  • Payment Including Incentive: 594 CAD/month + tax
  • Residual Value: 38,000 CAD
  • Months to End: 27 months (Aug, 2026)
Vehicle Status
  • Contract Allowance: 25,000 km/year
  • Current Odometer: 18,400 km total
  • Available Now: 36,267 km/year (3,022 per month)
See all Details
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