Payment Analysis
374.00CAD/monthin Mississauga, ON
- 374.00 CAD/month
- 172.62 CAD/bi-weekly
- 86.31 CAD/week
- 4,488.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 422.62 CAD/month
- 195.06 CAD/bi-weekly
- 97.53 CAD/week
- 5,071.44 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:
10,107 ~ 11,007 CAD
compared to leasing a BRAND NEW:
- ILX TECH A-SPEC
- for 27 months
- in Ontario
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 613 |
---|---|
This Contract (CAD/month) | 374 |
Monthly Difference | 239 CAD/month |
Remaining Term | x 38 months |
Total Monthly Difference | = 9,082 CAD |
+ Cash Incentive** (CAD) | + 225 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 10,107 ~ 11,007 |
** "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:
32,681 CAD
- Total Vehicle Debt: 31,784 CAD
- Paid so Far: -1,122 CAD (-4% Paid)
- Remaining Lease Payments: 14,212 CAD
- Residual Value: 18,694 CAD
- Cash Incentive: 225 CAD
Vehicle Debt & Value
Paid so far: -1,122 CAD Total Vehicle Value: 31,784 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 14,212 CAD
Term Paid so Far: -1,122 CAD Residual Value: 18,694 CAD
Cost to Own
Already Paid: -1,122 CAD (-4%)
Cash Incentive: 225 CAD Buyout Price Today: 32,681 CAD
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: 32,681 CAD
- 4.9%Interest Rate x 48 months
- 751 CAD/month + tax
- Total Payable: 36,055 CAD
- Total Interest: 3,374 CAD
- 8.9%Interest Rate x 48 months
- 812 CAD/month + tax
- Total Payable: 38,962 CAD
- Total Interest: 6,281 CAD
- 14.9%Interest Rate x 48 months
- 908 CAD/month + tax
- Total Payable: 43,578 CAD
- Total Interest: 10,897 CAD
At the end of the Lease Contract
Residual Value: 18,694 CAD (in 38 months)
- 4.9%Interest Rate x 48 months
- 430 CAD/month + tax
- Total Payable: 20,624 CAD
- Total Interest: 1,930 CAD
- 8.9%Interest Rate x 48 months
- 464 CAD/month + tax
- Total Payable: 22,287 CAD
- Total Interest: 3,593 CAD
- 14.9%Interest Rate x 48 months
- 519 CAD/month + tax
- Total Payable: 24,927 CAD
- Total Interest: 6,233 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)
36.16
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
12.10
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
234.92
- km/week
- without any
- additional costs
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