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: 770 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 35 months
Total Monthly Difference = 770 CAD
Total Savings (CAD) = 770

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 53,306 CAD
  • Total Vehicle Debt: 73,105 CAD
  • Paid so Far: 19,799 CAD (27% Paid)
  • Remaining Lease Payments: 53,305 CAD
  • Residual Value: 1 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 19,799 CAD Total Vehicle Value: 73,105 CAD
27% Paid
73%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 53,305 CAD
Term Paid so Far: 19,799 CAD Residual Value: 1 CAD
0%
27%
72%
1%
Cost to Own
Already Paid: 19,799 CAD (27%)
Cash Incentive: 0 CAD Buyout Price Today: 53,306 CAD
27% Paid
0%
73%
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: 53,306 CAD

  • 4.9%Interest Rate x 48 months
  • 1,225 CAD/month + tax
  • Total Payable: 58,809 CAD
  • Total Interest: 5,503 CAD
  • 8.9%Interest Rate x 48 months
  • 1,324 CAD/month + tax
  • Total Payable: 63,552 CAD
  • Total Interest: 10,246 CAD
  • 14.9%Interest Rate x 48 months
  • 1,481 CAD/month + tax
  • Total Payable: 71,081 CAD
  • Total Interest: 17,775 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 35 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)
56.96
  • + tax
  • + fuel
  • + insurance
(or 0.57CAD per km)
  • 73.10CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
50.07
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
617.05
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 480.77km/week (Contract Original back in Jun, 2018)