Payment Analysis

290.77CAD/monthin Toronto, ON
    Before Taxes:
  • 290.77 CAD/month
  • 134.20 CAD/bi-weekly
  • 67.10 CAD/week
  • 3,489.24 CAD/year
Incl. Ontario Taxes (13%):
  • 328.57 CAD/month
  • 151.65 CAD/bi-weekly
  • 75.82 CAD/week
  • 3,942.84 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: 2,330 ~ 3,230 CAD

compared to leasing a BRAND NEW:

  • Chevrolet Cruze FWD Sedan Premier Automatic
  • for 42 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 324
This Contract (CAD/month) 291
Monthly Difference 34 CAD/month
Remaining Term x 45 months
Total Monthly Difference = 1,530 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,330 ~ 3,230

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 21,859 CAD
  • Total Vehicle Debt: 22,732 CAD
  • Paid so Far: 872 CAD (3% Paid)
  • Remaining Lease Payments: 13,085 CAD
  • Residual Value: 8,775 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 872 CAD Total Vehicle Value: 22,732 CAD
3% Paid
97%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 13,085 CAD
Term Paid so Far: 872 CAD Residual Value: 8,775 CAD
0%
3%
58%
39%
Cost to Own
Already Paid: 872 CAD (3%)
Cash Incentive: 0 CAD Buyout Price Today: 21,859 CAD
3% Paid
0%
97%
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: 21,859 CAD

  • 4.9%Interest Rate x 48 months
  • 502 CAD/month + tax
  • Total Payable: 24,116 CAD
  • Total Interest: 2,257 CAD
  • 8.9%Interest Rate x 48 months
  • 543 CAD/month + tax
  • Total Payable: 26,061 CAD
  • Total Interest: 4,201 CAD
  • 14.9%Interest Rate x 48 months
  • 607 CAD/month + tax
  • Total Payable: 29,148 CAD
  • Total Interest: 7,289 CAD

At the end of the Lease Contract

Residual Value: 8,775 CAD (in 45 months)

  • 4.9%Interest Rate x 48 months
  • 202 CAD/month + tax
  • Total Payable: 9,681 CAD
  • Total Interest: 906 CAD
  • 8.9%Interest Rate x 48 months
  • 218 CAD/month + tax
  • Total Payable: 10,461 CAD
  • Total Interest: 1,687 CAD
  • 14.9%Interest Rate x 48 months
  • 244 CAD/month + tax
  • Total Payable: 11,701 CAD
  • Total Interest: 2,926 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)
18.83
  • + tax
  • + fuel
  • + insurance
(or 0.19CAD per km)
Time Analysis
Cost per day: (CAD)
9.56
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
356.41
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD

Similar Listings in Toronto

+ 800 cash
2024 Mazda

Mazda3 GT w/Turbo AWD Automatic Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 499 CAD/month + tax
  • Cash Incentive: 800 CAD
  • Payment After Incentive: 446 CAD/month + tax
  • Original Downpayment: 1,000 CAD
  • Residual Value: 19,748 CAD
  • Months to End: 15 months (Sep, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 25,500 km total
  • Available Now: 27,600 km/year (2,300 per month)
  • Excess Km Cost: 0.08 CAD/km
See all Details
+ 1,000 cash
CAD/month x 20 months
2023 Hyundai KONA ESSENTIAL (ID: #53283)
440
Brampton, ON
2023 Hyundai

KONA ESSENTIAL Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 440 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 390 CAD/month + tax
  • Original Downpayment: 500 CAD
  • Months to End: 20 months (Jan, 2028)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 5,000 km total
  • Available Now: 45,000 km/year (3,750 per month)
Deal Special Perks
  • Hot Lease Takeover Deal
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details
+ 5,000 cash
CAD/month x 12 months
2022 Lexus IS300 Luxury (ID: #50423)
606
Windsor, ON
2022 Lexus

IS300 Luxury Automatique AWD

Payment Details
  • Current Payment: 606 CAD/month + tax
  • Required Payment: 5,000 CAD
  • Payment Including Incentive: 1,023 CAD/month + tax
  • Residual Value: 20,517 CAD
  • Months to End: 12 months (Jun, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 22,951 km total
  • Available Now: 75,382 km/year (6,282 per month)
  • Excess Km Cost: 0.20 CAD/km
See all Details
+ 3,000 cash
CAD/month x 18 months
2024 Audi S3 Komfort (ID: #55233)
731
Stouffville
2024 Audi

S3 Komfort Automatique AWD Pre Paid Maintenance package

  • Warranty Complete Term
Payment Details
  • Current Payment: 731 CAD/month + tax
  • Cash Incentive: 3,000 CAD
  • Payment After Incentive: 564 CAD/month + tax
  • Residual Value: 31,000 CAD
  • Months to End: 18 months (Nov, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 40,000 km total
  • Available Now: 25,556 km/year (2,130 per month)
  • Excess Km Cost: 0.08 CAD/km
See all Details
CAD/month x 16 months
2023 Genesis G70 - 3.3T Sport (ID: #55850)
793
Scarborough
2023 Genesis

G70 - 3.3T Sport Automatique AWD

  • Warranty Complete Term
  • Winter Tires Included
Payment Details
  • Current Payment: 793 CAD/month + tax
  • Original Downpayment: 2,000 CAD
  • Residual Value: 29,939 CAD
  • Months to End: 16 months (Oct, 2027)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 36,500 km total
  • Available Now: 44,625 km/year (3,719 per month)
  • Excess Km Cost: 0.25 CAD/km
See all Details
CAD/month x 16 months
2021 Mazda Mazda3 GT Auto FWD (ID: #45347)
352
Toronto, ON
2021 Mazda

Mazda3 GT Auto FWD Automatique 2WD w/ Warranty Complete Term + Wear & Tear Coverage

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 352 CAD/month + tax
  • Months to End: 16 months (Jan, 2025)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 52,000 km total
  • Available Now: 21,000 km/year (1,750 per month)
See all Details