Payment Analysis

606.00CAD/monthin Toronto, ON
    Before Taxes:
  • 606.00 CAD/month
  • 279.69 CAD/bi-weekly
  • 139.85 CAD/week
  • 7,272.00 CAD/year
Incl. Ontario Taxes (13%):
  • 684.78 CAD/month
  • 316.05 CAD/bi-weekly
  • 158.03 CAD/week
  • 8,217.36 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: 39,150 CAD
  • Total Vehicle Debt: 60,088 CAD
  • Paid so Far: 20,938 CAD (34% Paid)
  • Remaining Lease Payments: 15,150 CAD
  • Residual Value: 24,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 20,938 CAD Total Vehicle Value: 60,088 CAD
34% Paid
66%
Vehicle Debt Breakdown
Downpayment: 7,000 CAD Remaining Term: 15,150 CAD
Term Paid so Far: 13,938 CAD Residual Value: 24,000 CAD
11%
23%
25%
41%
Cost to Own
Already Paid: 20,938 CAD (34%)
Cash Incentive: 0 CAD Buyout Price Today: 39,150 CAD
34% Paid
0%
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: 39,150 CAD

  • 4.9%Interest Rate x 48 months
  • 900 CAD/month + tax
  • Total Payable: 43,192 CAD
  • Total Interest: 4,042 CAD
  • 8.9%Interest Rate x 48 months
  • 972 CAD/month + tax
  • Total Payable: 46,675 CAD
  • Total Interest: 7,525 CAD
  • 14.9%Interest Rate x 48 months
  • 1,088 CAD/month + tax
  • Total Payable: 52,204 CAD
  • Total Interest: 13,054 CAD

At the end of the Lease Contract

Residual Value: 24,000 CAD (in 25 months)

  • 4.9%Interest Rate x 48 months
  • 552 CAD/month + tax
  • Total Payable: 26,478 CAD
  • Total Interest: 2,478 CAD
  • 8.9%Interest Rate x 48 months
  • 596 CAD/month + tax
  • Total Payable: 28,613 CAD
  • Total Interest: 4,613 CAD
  • 14.9%Interest Rate x 48 months
  • 667 CAD/month + tax
  • Total Payable: 32,003 CAD
  • Total Interest: 8,003 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)
21.80
  • + tax
  • + fuel
  • + insurance
(or 0.22CAD per km)
  • 36.36CAD/100km (Original Contract back in Mar, 2018)
Time Analysis
Cost per day: (CAD)
19.92
  • + tax
  • + insurance
  • + km driven & fuel
(0.13CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
641.54
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 384.62km/week (Contract Original back in Mar, 2018)