Payment Analysis

490.00CAD/monthin Toronto, ON
    Before Taxes:
  • 490.00 CAD/month
  • 226.15 CAD/bi-weekly
  • 113.08 CAD/week
  • 5,880.00 CAD/year
Incl. Ontario Taxes (13%):
  • 553.70 CAD/month
  • 255.55 CAD/bi-weekly
  • 127.78 CAD/week
  • 6,644.40 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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 47,040 CAD
  • Total Vehicle Debt: 49,520 CAD
  • Paid so Far: 980 CAD (1% Paid)
  • Remaining Lease Payments: 22,540 CAD
  • Residual Value: 26,000 CAD
  • Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 980 CAD Total Vehicle Value: 49,520 CAD
1% Paid
99%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 22,540 CAD
Term Paid so Far: 980 CAD Residual Value: 26,000 CAD
0%
1%
45%
54%
Cost to Own
Already Paid: 980 CAD (1%)
Cash Incentive: 1,500 CAD Buyout Price Today: 47,040 CAD
1% Paid
3%
96%
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: 47,040 CAD

  • 4.9%Interest Rate x 48 months
  • 1,081 CAD/month + tax
  • Total Payable: 51,896 CAD
  • Total Interest: 4,856 CAD
  • 8.9%Interest Rate x 48 months
  • 1,168 CAD/month + tax
  • Total Payable: 56,081 CAD
  • Total Interest: 9,041 CAD
  • 14.9%Interest Rate x 48 months
  • 1,307 CAD/month + tax
  • Total Payable: 62,725 CAD
  • Total Interest: 15,685 CAD

At the end of the Lease Contract

Residual Value: 26,000 CAD (in 46 months)

  • 4.9%Interest Rate x 48 months
  • 598 CAD/month + tax
  • Total Payable: 28,684 CAD
  • Total Interest: 2,684 CAD
  • 8.9%Interest Rate x 48 months
  • 646 CAD/month + tax
  • Total Payable: 30,997 CAD
  • Total Interest: 4,997 CAD
  • 14.9%Interest Rate x 48 months
  • 722 CAD/month + tax
  • Total Payable: 34,670 CAD
  • Total Interest: 8,670 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)
63.76
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
Time Analysis
Cost per day: (CAD)
15.04
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
Remaining Km
Can be driven up to:
165.55
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

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