Payment Analysis

495.00CAD/monthin Stouffville, ON
    Before Taxes:
  • 495.00 CAD/month
  • 228.46 CAD/bi-weekly
  • 114.23 CAD/week
  • 5,940.00 CAD/year
Incl. Ontario Taxes (13%):
  • 559.35 CAD/month
  • 258.16 CAD/bi-weekly
  • 129.08 CAD/week
  • 6,712.20 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: 12,240 CAD

compared to leasing a BRAND NEW:

  • Toyota Sienna LE
  • for 24 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 835
This Contract (CAD/month) 495
Monthly Difference 340 CAD/month
Remaining Term x 36 months
Total Monthly Difference = 12,240 CAD
Total Savings (CAD) = 12,240

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 35,192 CAD
  • Total Vehicle Debt: 41,132 CAD
  • Paid so Far: 5,940 CAD (14% Paid)
  • Remaining Lease Payments: 17,820 CAD
  • Residual Value: 17,372 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 5,940 CAD Total Vehicle Value: 41,132 CAD
14% Paid
86%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 17,820 CAD
Term Paid so Far: 5,940 CAD Residual Value: 17,372 CAD
0%
14%
43%
43%
Cost to Own
Already Paid: 5,940 CAD (14%)
Cash Incentive: 0 CAD Buyout Price Today: 35,192 CAD
14% Paid
0%
86%
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: 35,192 CAD

  • 4.9%Interest Rate x 48 months
  • 809 CAD/month + tax
  • Total Payable: 38,825 CAD
  • Total Interest: 3,633 CAD
  • 8.9%Interest Rate x 48 months
  • 874 CAD/month + tax
  • Total Payable: 41,956 CAD
  • Total Interest: 6,764 CAD
  • 14.9%Interest Rate x 48 months
  • 978 CAD/month + tax
  • Total Payable: 46,927 CAD
  • Total Interest: 11,735 CAD

At the end of the Lease Contract

Residual Value: 17,372 CAD (in 36 months)

  • 4.9%Interest Rate x 48 months
  • 399 CAD/month + tax
  • Total Payable: 19,165 CAD
  • Total Interest: 1,793 CAD
  • 8.9%Interest Rate x 48 months
  • 431 CAD/month + tax
  • Total Payable: 20,711 CAD
  • Total Interest: 3,339 CAD
  • 14.9%Interest Rate x 48 months
  • 483 CAD/month + tax
  • Total Payable: 23,165 CAD
  • Total Interest: 5,793 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)
42.43
  • + tax
  • + fuel
  • + insurance
(or 0.42CAD per km)
Time Analysis
Cost per day: (CAD)
16.27
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
269.23
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD