Payment Analysis

552.00CAD/monthin Halifax, NS
    Before Taxes:
  • 552.00 CAD/month
  • 254.77 CAD/bi-weekly
  • 127.38 CAD/week
  • 6,624.00 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 634.80 CAD/month
  • 292.98 CAD/bi-weekly
  • 146.49 CAD/week
  • 7,617.60 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: 12,936 CAD

compared to leasing a BRAND NEW:

  • Acura TLX TECH A-SPEC AWD
  • for 12 months
  • in NS
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 860
This Contract (CAD/month) 552
Monthly Difference 308 CAD/month
Remaining Term x 42 months
Total Monthly Difference = 12,936 CAD
Total Savings (CAD) = 12,936

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 50,184 CAD
  • Total Vehicle Debt: 49,320 CAD
  • Paid so Far: -864 CAD (-2% Paid)
  • Remaining Lease Payments: 23,184 CAD
  • Residual Value: 27,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -864 CAD Total Vehicle Value: 49,320 CAD
-2% Paid
102%
Vehicle Debt Breakdown
Downpayment: 3,000 CAD Remaining Term: 23,184 CAD
Term Paid so Far: -3,864 CAD Residual Value: 27,000 CAD
6%
-8%
47%
55%
Cost to Own
Already Paid: -864 CAD (-2%)
Cash Incentive: 0 CAD Buyout Price Today: 50,184 CAD
-2% Paid
0%
102%
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: 50,184 CAD

  • 4.9%Interest Rate x 48 months
  • 1,153 CAD/month + tax
  • Total Payable: 55,365 CAD
  • Total Interest: 5,181 CAD
  • 8.9%Interest Rate x 48 months
  • 1,246 CAD/month + tax
  • Total Payable: 59,830 CAD
  • Total Interest: 9,646 CAD
  • 14.9%Interest Rate x 48 months
  • 1,394 CAD/month + tax
  • Total Payable: 66,918 CAD
  • Total Interest: 16,734 CAD

At the end of the Lease Contract

Residual Value: 27,000 CAD (in 42 months)

  • 4.9%Interest Rate x 48 months
  • 621 CAD/month + tax
  • Total Payable: 29,787 CAD
  • Total Interest: 2,787 CAD
  • 8.9%Interest Rate x 48 months
  • 671 CAD/month + tax
  • Total Payable: 32,190 CAD
  • Total Interest: 5,190 CAD
  • 14.9%Interest Rate x 48 months
  • 750 CAD/month + tax
  • Total Payable: 36,003 CAD
  • Total Interest: 9,003 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)
57.96
  • + tax
  • + fuel
  • + insurance
(or 0.58CAD per km)
Time Analysis
Cost per day: (CAD)
18.15
  • + tax
  • + insurance
  • + km driven & fuel
(0.08CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
219.78
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD