Payment Analysis

1,523.00CAD/monthin Sudbury, ON
    Before Taxes:
  • 1,523.00 CAD/month
  • 702.92 CAD/bi-weekly
  • 351.46 CAD/week
  • 18,276.00 CAD/year
Incl. Ontario Taxes (13%):
  • 1,720.99 CAD/month
  • 794.30 CAD/bi-weekly
  • 397.15 CAD/week
  • 20,651.88 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: 484 CAD

compared to leasing a BRAND NEW:

  • Toyota 4X4 TUNDRA CREWMAX PLAT 5.7L with all TRD Accessories Installed and Extended Warranty
  • for 48 months
  • in Ontario
  • $0 down payment
  • (Financing Estimates)
Savings Breakdown:
Leasing New (CAD/month) 1,545
This Contract (CAD/month) 1,523
Monthly Difference 22 CAD/month
Remaining Term x 22 months
Total Monthly Difference = 484 CAD
Total Savings (CAD) = 484

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 33,507 CAD
  • Total Vehicle Debt: 73,105 CAD
  • Paid so Far: 39,598 CAD (54% Paid)
  • Remaining Lease Payments: 33,506 CAD
  • Residual Value: 1 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 39,598 CAD Total Vehicle Value: 73,105 CAD
54% Paid
46%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 33,506 CAD
Term Paid so Far: 39,598 CAD Residual Value: 1 CAD
0%
54%
45%
1%
Cost to Own
Already Paid: 39,598 CAD (54%)
Cash Incentive: 0 CAD Buyout Price Today: 33,507 CAD
54% Paid
0%
46%
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: 33,507 CAD

  • 4.9%Interest Rate x 48 months
  • 770 CAD/month + tax
  • Total Payable: 36,966 CAD
  • Total Interest: 3,459 CAD
  • 8.9%Interest Rate x 48 months
  • 832 CAD/month + tax
  • Total Payable: 39,947 CAD
  • Total Interest: 6,440 CAD
  • 14.9%Interest Rate x 48 months
  • 931 CAD/month + tax
  • Total Payable: 44,680 CAD
  • Total Interest: 11,173 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 22 months)

  • 4.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 8.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 14.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 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)
35.80
  • + tax
  • + fuel
  • + insurance
(or 0.36CAD per km)
  • 73.10CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
50.07
  • + tax
  • + insurance
  • + km driven & fuel
(0.15CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
981.67
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 480.77km/week (Contract Original back in Jun, 2018)