Payment Analysis

549.44CAD/monthin Nelson, BC
    Before Taxes:
  • 549.44 CAD/month
  • 253.59 CAD/bi-weekly
  • 126.79 CAD/week
  • 6,593.28 CAD/year
Incl. B.C. Taxes (12%):
  • 615.37 CAD/month
  • 284.02 CAD/bi-weekly
  • 142.01 CAD/week
  • 7,384.47 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: 4,353 ~ 4,753 CAD

compared to leasing a BRAND NEW:

  • Toyota TACOMA 4X4 DOUBLECAB V6 6A SB w/ TRD PRO
  • for 48 months
  • in B.C.
  • $0 down payment
  • 26,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 872
This Contract (CAD/month) 549
Monthly Difference 323 CAD/month
Remaining Term x 11 months
Total Monthly Difference = 3,553 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 4,353 ~ 4,753

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 24,289 CAD
  • Total Vehicle Debt: 52,860 CAD
  • Paid so Far: 28,571 CAD (54% Paid)
  • Remaining Lease Payments: 6,044 CAD
  • Residual Value: 18,245 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 28,571 CAD Total Vehicle Value: 52,860 CAD
54% Paid
46%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,044 CAD
Term Paid so Far: 28,571 CAD Residual Value: 18,245 CAD
0%
54%
11%
35%
Cost to Own
Already Paid: 28,571 CAD (54%)
Cash Incentive: 0 CAD Buyout Price Today: 24,289 CAD
54% Paid
0%
46%
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: 24,289 CAD

  • 4.9%Interest Rate x 48 months
  • 558 CAD/month + tax
  • Total Payable: 26,796 CAD
  • Total Interest: 2,507 CAD
  • 8.9%Interest Rate x 48 months
  • 603 CAD/month + tax
  • Total Payable: 28,957 CAD
  • Total Interest: 4,668 CAD
  • 14.9%Interest Rate x 48 months
  • 675 CAD/month + tax
  • Total Payable: 32,388 CAD
  • Total Interest: 8,099 CAD

At the end of the Lease Contract

Residual Value: 18,245 CAD (in 11 months)

  • 4.9%Interest Rate x 48 months
  • 419 CAD/month + tax
  • Total Payable: 20,129 CAD
  • Total Interest: 1,884 CAD
  • 8.9%Interest Rate x 48 months
  • 453 CAD/month + tax
  • Total Payable: 21,752 CAD
  • Total Interest: 3,507 CAD
  • 14.9%Interest Rate x 48 months
  • 507 CAD/month + tax
  • Total Payable: 24,329 CAD
  • Total Interest: 6,084 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)
5.49
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 27.47CAD/100km (Original Contract back in Jan, 2018)
Time Analysis
Cost per day: (CAD)
18.06
  • + tax
  • + insurance
  • + km driven & fuel
(0.30CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,307.69
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 461.54km/week (Contract Original back in Jan, 2018)