Payment Analysis

436.84CAD/monthin Kelowna, BC
    Before Taxes:
  • 436.84 CAD/month
  • 201.62 CAD/bi-weekly
  • 100.81 CAD/week
  • 5,242.08 CAD/year
Incl. B.C. Taxes (12%):
  • 489.26 CAD/month
  • 225.81 CAD/bi-weekly
  • 112.91 CAD/week
  • 5,871.13 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: 1,008 ~ 1,908 CAD

compared to leasing a BRAND NEW:

  • 2022 Toyota RAV4 Limited AWD
  • for 36 months
  • in B.C
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 699
This Contract (CAD/month) 437
Monthly Difference 263 CAD/month
Remaining Term x 16 months
Total Monthly Difference = 4,208 CAD
- Required Payment** (CAD) - 4,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,008 ~ 1,908
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 28,314 CAD
  • Total Vehicle Debt: 49,035 CAD
  • Paid so Far: 24,721 CAD (50% Paid)
  • Remaining Lease Payments: 6,989 CAD
  • Residual Value: 17,325 CAD
  • Required Payment: 4,000 CAD
Vehicle Debt & Value
Paid so far: 24,721 CAD Total Vehicle Value: 49,035 CAD
50% Paid
50%
Vehicle Debt Breakdown
Downpayment: 5,500 CAD Remaining Term: 6,989 CAD
Term Paid so Far: 19,221 CAD Residual Value: 17,325 CAD
11%
39%
14%
36%
Cost to Own
Already Paid: 24,721 CAD (50%)
Required Payment: 4,000 CAD (8%)Buyout Price Today: 28,314 CAD
42% Paid
8%
50%
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: 28,314 CAD

  • 4.9%Interest Rate x 48 months
  • 651 CAD/month + tax
  • Total Payable: 31,237 CAD
  • Total Interest: 2,923 CAD
  • 8.9%Interest Rate x 48 months
  • 703 CAD/month + tax
  • Total Payable: 33,757 CAD
  • Total Interest: 5,442 CAD
  • 14.9%Interest Rate x 48 months
  • 787 CAD/month + tax
  • Total Payable: 37,756 CAD
  • Total Interest: 9,441 CAD

At the end of the Lease Contract

Residual Value: 17,325 CAD (in 16 months)

  • 4.9%Interest Rate x 48 months
  • 398 CAD/month + tax
  • Total Payable: 19,114 CAD
  • Total Interest: 1,789 CAD
  • 8.9%Interest Rate x 48 months
  • 430 CAD/month + tax
  • Total Payable: 20,655 CAD
  • Total Interest: 3,330 CAD
  • 14.9%Interest Rate x 48 months
  • 481 CAD/month + tax
  • Total Payable: 23,102 CAD
  • Total Interest: 5,777 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)
14.61
  • + tax
  • + fuel
  • + insurance
(inlcuding the 4,000CAD incentive)
  • 9.29CAD/100km (TODAY without the Cash Incentive)
  • 26.21CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
22.58
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 4,000CAD incentive)
  • 14.36CAD/day (Original Contract back in Sep, 2020)
Remaining Km
Can be driven up to:
1,084.69
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Sep, 2020)

Seller Contact Info

This Contract was Already Transferred.

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