Payment Analysis
494.00CAD/monthin Richmond Hill, ON
- 494.00 CAD/month
- 228.00 CAD/bi-weekly
- 114.00 CAD/week
- 5,928.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 558.22 CAD/month
- 257.64 CAD/bi-weekly
- 128.82 CAD/week
- 6,698.64 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:
2,670 ~ 3,970 CAD
compared to leasing a BRAND NEW:
- Toyota TACOMA 4X4 DOUBLECAB V6 6A with TRD SPORT
- for 48 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 684 |
|---|---|
| This Contract (CAD/month) | 494 |
| Monthly Difference | 190 CAD/month |
| Remaining Term | x 3 months |
| Total Monthly Difference | = 570 CAD |
| + Cash Incentive** (CAD) | + 500 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 2,670 ~ 3,970 |
| ** "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:
21,162 CAD
- Total Vehicle Debt: 51,302 CAD
- Paid so Far: 29,640 CAD (57% Paid)
- Remaining Lease Payments: 1,482 CAD
- Residual Value: 20,180 CAD
- Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 29,640 CAD Total Vehicle Value: 51,302 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,482 CAD
Term Paid so Far: 29,640 CAD Residual Value: 20,180 CAD
Cost to Own
Already Paid: 29,640 CAD (57%)
Cash Incentive: 500 CAD Buyout Price Today: 21,162 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: 21,162 CAD
- 4.9%Interest Rate x 48 months
- 486 CAD/month + tax
- Total Payable: 23,347 CAD
- Total Interest: 2,185 CAD
- 8.9%Interest Rate x 48 months
- 526 CAD/month + tax
- Total Payable: 25,230 CAD
- Total Interest: 4,067 CAD
- 14.9%Interest Rate x 48 months
- 588 CAD/month + tax
- Total Payable: 28,219 CAD
- Total Interest: 7,056 CAD
At the end of the Lease Contract
Residual Value: 20,180 CAD (in 3 months)
- 4.9%Interest Rate x 48 months
- 464 CAD/month + tax
- Total Payable: 22,263 CAD
- Total Interest: 2,083 CAD
- 8.9%Interest Rate x 48 months
- 501 CAD/month + tax
- Total Payable: 24,059 CAD
- Total Interest: 3,879 CAD
- 14.9%Interest Rate x 48 months
- 561 CAD/month + tax
- Total Payable: 26,909 CAD
- Total Interest: 6,729 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)
1.51
- + tax
- + fuel
- + insurance
- 2.28CAD/100km (TODAY without the Cash Incentive)
- 29.64CAD/100km (Original Contract back in Oct, 2018)
Time Analysis
Cost per day: (CAD)
10.76
- + tax
- + insurance
- + km driven & fuel
- 16.24CAD/day (Original Contract back in Oct, 2018)
Remaining Km
Can be driven up to:
5,000.00
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Oct, 2018)
Similar Listings in Toronto
+ 10,000 cash
SAVE ~13,200 CAD
2023 Ford
F-150 Lightning Automatique AWD Lariat
Payment Details
- Current Payment: 1,620 CAD/month + tax
- Cash Incentive: 10,000 CAD
- Payment After Incentive: 1,250 CAD/month + tax
- Months to End: 27 months (Aug, 2026)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 43,000 km total
- Available Now: 2,222 km/year (185 per month)
Deal Special Perks
+ 2,500 cash
SAVE ~11,200 CAD
2021 Ford
F150 Lariat Automatique AWD
Payment Details
- Current Payment: 871 CAD/month + tax
- Cash Incentive: 2,500 CAD
- Payment After Incentive: 724 CAD/month + tax
- Original Downpayment: 5,000 CAD
- Months to End: 17 months (Oct, 2025)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 57,600 km total
- Available Now: 14,635 km/year (1,220 per month)
Deal Special Perks
+ 450 cash
2023 Ford
F150 Lariat Supercrew Cab Automatique AWD
Payment Details
- Current Payment: 708 CAD/month + tax
- Cash Incentive: 450 CAD
- Payment After Incentive: 681 CAD/month + tax
- Original Downpayment: 4,000 CAD
- Residual Value: 60,000 CAD
- Months to End: 17 months (Oct, 2025)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 11,800 km total
- Available Now: 14,259 km/year (1,188 per month)
SAVE ~-6,000 CAD
2023 Ford
LARIAT SUPERCREW 5.0L V8 Automatique AWD
Payment Details
- Current Payment: 807 CAD/month + tax
- Original Downpayment: 8,000 CAD
- Residual Value: 60,058 CAD
- Months to End: 17 months (Oct, 2025)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 11,500 km total
- Available Now: 14,471 km/year (1,206 per month)
- Excess Km Cost: 0.16 CAD/km
Deal Special Perks
+ 3,000 cash
2023 Toyota
Tacoma TRD Off-Road Access Cab Automatique AWD
Payment Details
- Current Payment: 797 CAD/month + tax
- Cash Incentive: 3,000 CAD
- Payment After Incentive: 714 CAD/month + tax
- Residual Value: 25,900 CAD
- Months to End: 36 months (Jun, 2027)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 34,000 km total
- Available Now: 20,667 km/year (1,722 per month)
- Excess Km Cost: 0.10 CAD/km
2022 Ford
F150 XLT power boost hybrid Automatique AWD 300A
Payment Details
- Current Payment: 693 CAD/month + tax
- Original Downpayment: 8,300 CAD
- Months to End: 70 months (Mar, 2030)
Vehicle Status
- Contract Allowance: 0 km/year
- Current Odometer: 67,000 km total
- Available Now: -11,486 km/year (-957 per month)
