Payment Analysis
596.84CAD/monthin GTA, ON
- 596.84 CAD/month
- 275.46 CAD/bi-weekly
- 137.73 CAD/week
- 7,162.08 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 674.43 CAD/month
- 311.28 CAD/bi-weekly
- 155.64 CAD/week
- 8,093.15 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:
4,019 ~ 4,419 CAD
compared to leasing a BRAND NEW:
- Acura RDX
- for 33 months
- in Ontario
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 707 |
---|---|
This Contract (CAD/month) | 597 |
Monthly Difference | 111 CAD/month |
Remaining Term | x 29 months |
Total Monthly Difference | = 3,219 CAD |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
Total Savings (CAD) | = 4,019 ~ 4,419 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
38,642 CAD
- Total Vehicle Debt: 49,982 CAD
- Paid so Far: 11,340 CAD (22% Paid)
- Remaining Lease Payments: 17,308 CAD
- Residual Value: 21,333 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 11,340 CAD Total Vehicle Value: 49,982 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 17,308 CAD
Term Paid so Far: 11,340 CAD Residual Value: 21,333 CAD
Cost to Own
Already Paid: 11,340 CAD (22%)
Cash Incentive: 0 CAD Buyout Price Today: 38,642 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: 38,642 CAD
- 4.9%Interest Rate x 48 months
- 888 CAD/month + tax
- Total Payable: 42,631 CAD
- Total Interest: 3,989 CAD
- 8.9%Interest Rate x 48 months
- 960 CAD/month + tax
- Total Payable: 46,069 CAD
- Total Interest: 7,427 CAD
- 14.9%Interest Rate x 48 months
- 1,073 CAD/month + tax
- Total Payable: 51,526 CAD
- Total Interest: 12,885 CAD
At the end of the Lease Contract
Residual Value: 21,333 CAD (in 29 months)
- 4.9%Interest Rate x 48 months
- 490 CAD/month + tax
- Total Payable: 23,536 CAD
- Total Interest: 2,202 CAD
- 8.9%Interest Rate x 48 months
- 530 CAD/month + tax
- Total Payable: 25,434 CAD
- Total Interest: 4,100 CAD
- 14.9%Interest Rate x 48 months
- 593 CAD/month + tax
- Total Payable: 28,447 CAD
- Total Interest: 7,113 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)
26.63
- + tax
- + fuel
- + insurance
- 29.84CAD/100km (Original Contract back in Nov, 2017)
Time Analysis
Cost per day: (CAD)
19.62
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
517.24
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Nov, 2017)