Payment Analysis

1,074.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 1,074.00 CAD/month
  • 495.69 CAD/bi-weekly
  • 247.85 CAD/week
  • 12,888.00 CAD/year
Incl. Ontario Taxes (13%):
  • 1,213.62 CAD/month
  • 560.13 CAD/bi-weekly
  • 280.07 CAD/week
  • 14,563.44 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: -6,564 ~ -5,664 CAD

compared to leasing a BRAND NEW:

  • 2022 Lexus RX 450h AWD Executive Package ($14,050)
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,478
This Contract (CAD/month) 1,074
Monthly Difference 404 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 3,636 CAD
- Required Payment** (CAD) - 11,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = -6,564 ~ -5,664
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 48,860 CAD
  • Total Vehicle Debt: 67,932 CAD
  • Paid so Far: 30,072 CAD (44% Paid)
  • Remaining Lease Payments: 9,666 CAD
  • Residual Value: 28,194 CAD
  • Required Payment: 11,000 CAD
Vehicle Debt & Value
Paid so far: 30,072 CAD Total Vehicle Value: 67,932 CAD
44% Paid
56%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 9,666 CAD
Term Paid so Far: 30,072 CAD Residual Value: 28,194 CAD
0%
44%
14%
42%
Cost to Own
Already Paid: 30,072 CAD (44%)
Required Payment: 11,000 CAD (16%)Buyout Price Today: 48,860 CAD
28% Paid
16%
56%
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: 48,860 CAD

  • 4.9%Interest Rate x 48 months
  • 1,123 CAD/month + tax
  • Total Payable: 53,904 CAD
  • Total Interest: 5,044 CAD
  • 8.9%Interest Rate x 48 months
  • 1,214 CAD/month + tax
  • Total Payable: 58,251 CAD
  • Total Interest: 9,391 CAD
  • 14.9%Interest Rate x 48 months
  • 1,357 CAD/month + tax
  • Total Payable: 65,152 CAD
  • Total Interest: 16,292 CAD

At the end of the Lease Contract

Residual Value: 28,194 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 648 CAD/month + tax
  • Total Payable: 31,105 CAD
  • Total Interest: 2,911 CAD
  • 8.9%Interest Rate x 48 months
  • 700 CAD/month + tax
  • Total Payable: 33,613 CAD
  • Total Interest: 5,419 CAD
  • 14.9%Interest Rate x 48 months
  • 783 CAD/month + tax
  • Total Payable: 37,595 CAD
  • Total Interest: 9,401 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)
45.06
  • + tax
  • + fuel
  • + insurance
(inlcuding the 11,000CAD incentive)
  • 21.07CAD/100km (TODAY without the Cash Incentive)
  • 64.44CAD/100km (Original Contract back in Jun, 2021)
Time Analysis
Cost per day: (CAD)
75.49
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 11,000CAD incentive)
  • 35.31CAD/day (Original Contract back in Jun, 2021)
Remaining Km
Can be driven up to:
1,176.07
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 384.62km/week (Contract Original back in Jun, 2021)

Seller Contact Info

This Contract was Already Transferred.

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