Payment Analysis

390.00CAD/monthin Winnipeg, MB
    Before Taxes:
  • 390.00 CAD/month
  • 180.00 CAD/bi-weekly
  • 90.00 CAD/week
  • 4,680.00 CAD/year
Incl. Manitoba Taxes (13%):
  • 440.70 CAD/month
  • 203.40 CAD/bi-weekly
  • 101.70 CAD/week
  • 5,288.40 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: 1,682 CAD

compared to leasing a BRAND NEW:

  • Toyota RAV4 LE AWD
  • for 48 months
  • in Manitoba
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 403
This Contract (CAD/month) 390
Monthly Difference 13 CAD/month
Remaining Term x 14 months
Total Monthly Difference = 182 CAD
+ Cash Incentive** (CAD) + 1,500
Total Savings (CAD) = 1,682
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 17,960 CAD
  • Total Vehicle Debt: 37,010 CAD
  • Paid so Far: 17,550 CAD (47% Paid)
  • Remaining Lease Payments: 5,460 CAD
  • Residual Value: 14,000 CAD
  • Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 17,550 CAD Total Vehicle Value: 37,010 CAD
47% Paid
53%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,460 CAD
Term Paid so Far: 17,550 CAD Residual Value: 14,000 CAD
0%
47%
14%
39%
Cost to Own
Already Paid: 17,550 CAD (47%)
Cash Incentive: 1,500 CAD Buyout Price Today: 17,960 CAD
47% Paid
4%
49%
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: 17,960 CAD

  • 4.9%Interest Rate x 48 months
  • 413 CAD/month + tax
  • Total Payable: 19,814 CAD
  • Total Interest: 1,854 CAD
  • 8.9%Interest Rate x 48 months
  • 446 CAD/month + tax
  • Total Payable: 21,412 CAD
  • Total Interest: 3,452 CAD
  • 14.9%Interest Rate x 48 months
  • 499 CAD/month + tax
  • Total Payable: 23,949 CAD
  • Total Interest: 5,989 CAD

At the end of the Lease Contract

Residual Value: 14,000 CAD (in 14 months)

  • 4.9%Interest Rate x 48 months
  • 322 CAD/month + tax
  • Total Payable: 15,445 CAD
  • Total Interest: 1,445 CAD
  • 8.9%Interest Rate x 48 months
  • 348 CAD/month + tax
  • Total Payable: 16,691 CAD
  • Total Interest: 2,691 CAD
  • 14.9%Interest Rate x 48 months
  • 389 CAD/month + tax
  • Total Payable: 18,668 CAD
  • Total Interest: 4,668 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)
4.31
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
  • 5.95CAD/100km (TODAY without the Cash Incentive)
  • 23.40CAD/100km (Original Contract back in Feb, 2018)
Time Analysis
Cost per day: (CAD)
9.30
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
  • 12.82CAD/day (Original Contract back in Feb, 2018)
Remaining Km
Can be driven up to:
1,513.74
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Feb, 2018)

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HRV sport Automatique AWD

Payment Details
  • Current Payment: 454 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 429 CAD/month + tax
  • Months to End: 40 months (Sep, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 14,500 km total
  • Available Now: 25,150 km/year (2,096 per month)
See all Details