Payment Analysis

353.20CAD/monthin Richmond Hill
    Before Taxes:
  • 353.20 CAD/month
  • 163.02 CAD/bi-weekly
  • 81.51 CAD/week
  • 4,238.40 CAD/year
Incl. Ontario Taxes (13%):
  • 399.12 CAD/month
  • 184.21 CAD/bi-weekly
  • 92.10 CAD/week
  • 4,789.39 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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 17,639 CAD
  • Total Vehicle Debt: 27,222 CAD
  • Paid so Far: 9,183 CAD (33% Paid)
  • Remaining Lease Payments: 7,770 CAD
  • Residual Value: 10,268 CAD
  • Cash Incentive: 400 CAD
Vehicle Debt & Value
Paid so far: 9,183 CAD Total Vehicle Value: 27,222 CAD
33% Paid
67%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 7,770 CAD
Term Paid so Far: 9,183 CAD Residual Value: 10,268 CAD
0%
33%
28%
39%
Cost to Own
Already Paid: 9,183 CAD (33%)
Cash Incentive: 400 CAD Buyout Price Today: 17,639 CAD
33% Paid
1%
66%
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: 17,639 CAD

  • 4.9%Interest Rate x 48 months
  • 405 CAD/month + tax
  • Total Payable: 19,460 CAD
  • Total Interest: 1,821 CAD
  • 8.9%Interest Rate x 48 months
  • 438 CAD/month + tax
  • Total Payable: 21,029 CAD
  • Total Interest: 3,390 CAD
  • 14.9%Interest Rate x 48 months
  • 490 CAD/month + tax
  • Total Payable: 23,520 CAD
  • Total Interest: 5,882 CAD

At the end of the Lease Contract

Residual Value: 10,268 CAD (in 22 months)

  • 4.9%Interest Rate x 48 months
  • 236 CAD/month + tax
  • Total Payable: 11,328 CAD
  • Total Interest: 1,060 CAD
  • 8.9%Interest Rate x 48 months
  • 255 CAD/month + tax
  • Total Payable: 12,242 CAD
  • Total Interest: 1,974 CAD
  • 14.9%Interest Rate x 48 months
  • 285 CAD/month + tax
  • Total Payable: 13,692 CAD
  • Total Interest: 3,424 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)
19.40
  • + tax
  • + fuel
  • + insurance
(inlcuding the 400CAD incentive)
  • 20.45CAD/100km (TODAY without the Cash Incentive)
  • 21.19CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
11.01
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 400CAD incentive)
  • 11.61CAD/day (Original Contract back in Jun, 2018)
Remaining Km
Can be driven up to:
398.60
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Jun, 2018)

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