Payment Analysis

435.00CAD/monthin Montreal, QC
    Before Taxes:
  • 435.00 CAD/month
  • 200.77 CAD/bi-weekly
  • 100.38 CAD/week
  • 5,220.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 500.16 CAD/month
  • 230.84 CAD/bi-weekly
  • 115.42 CAD/week
  • 6,001.96 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: 7,187 CAD

compared to leasing a BRAND NEW:

  • Acura TLX
  • for 24 months
  • in Québec
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 556
This Contract (CAD/month) 435
Monthly Difference 121 CAD/month
Remaining Term x 47 months
Total Monthly Difference = 5,687 CAD
+ Cash Incentive** (CAD) + 1,500
Total Savings (CAD) = 7,187
** "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: 35,145 CAD
  • Total Vehicle Debt: 37,080 CAD
  • Paid so Far: 435 CAD (1% Paid)
  • Remaining Lease Payments: 20,445 CAD
  • Residual Value: 16,200 CAD
  • Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 435 CAD Total Vehicle Value: 37,080 CAD
1% Paid
99%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 20,445 CAD
Term Paid so Far: 435 CAD Residual Value: 16,200 CAD
0%
1%
55%
44%
Cost to Own
Already Paid: 435 CAD (1%)
Cash Incentive: 1,500 CAD Buyout Price Today: 35,145 CAD
1% Paid
4%
95%
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: 35,145 CAD

  • 4.9%Interest Rate x 48 months
  • 808 CAD/month + tax
  • Total Payable: 38,773 CAD
  • Total Interest: 3,628 CAD
  • 8.9%Interest Rate x 48 months
  • 873 CAD/month + tax
  • Total Payable: 41,900 CAD
  • Total Interest: 6,755 CAD
  • 14.9%Interest Rate x 48 months
  • 976 CAD/month + tax
  • Total Payable: 46,864 CAD
  • Total Interest: 11,719 CAD

At the end of the Lease Contract

Residual Value: 16,200 CAD (in 47 months)

  • 4.9%Interest Rate x 48 months
  • 372 CAD/month + tax
  • Total Payable: 17,872 CAD
  • Total Interest: 1,672 CAD
  • 8.9%Interest Rate x 48 months
  • 402 CAD/month + tax
  • Total Payable: 19,314 CAD
  • Total Interest: 3,114 CAD
  • 14.9%Interest Rate x 48 months
  • 450 CAD/month + tax
  • Total Payable: 21,602 CAD
  • Total Interest: 5,402 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)
63.15
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
Time Analysis
Cost per day: (CAD)
13.25
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
Remaining Km
Can be driven up to:
147.30
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

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