Payment Analysis

490.00CAD/monthin Vaughan, ON
    Before Taxes:
  • 490.00 CAD/month
  • 226.15 CAD/bi-weekly
  • 113.08 CAD/week
  • 5,880.00 CAD/year
Incl. Ontario Taxes (13%):
  • 553.70 CAD/month
  • 255.55 CAD/bi-weekly
  • 127.78 CAD/week
  • 6,644.40 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: 34,560 CAD

compared to leasing a BRAND NEW:

  • Nissan Maxima SR
  • for 12 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,258
This Contract (CAD/month) 490
Monthly Difference 768 CAD/month
Remaining Term x 45 months
Total Monthly Difference = 34,560 CAD
Total Savings (CAD) = 34,560

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 42,650 CAD
  • Total Vehicle Debt: 47,130 CAD
  • Paid so Far: 4,480 CAD (9% Paid)
  • Remaining Lease Payments: 22,050 CAD
  • Residual Value: 20,600 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 4,480 CAD Total Vehicle Value: 47,130 CAD
9% Paid
91%
Vehicle Debt Breakdown
Downpayment: 3,500 CAD Remaining Term: 22,050 CAD
Term Paid so Far: 980 CAD Residual Value: 20,600 CAD
7%
2%
47%
44%
Cost to Own
Already Paid: 4,480 CAD (9%)
Cash Incentive: 0 CAD Buyout Price Today: 42,650 CAD
9% Paid
0%
91%
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: 42,650 CAD

  • 4.9%Interest Rate x 48 months
  • 980 CAD/month + tax
  • Total Payable: 47,053 CAD
  • Total Interest: 4,403 CAD
  • 8.9%Interest Rate x 48 months
  • 1,059 CAD/month + tax
  • Total Payable: 50,848 CAD
  • Total Interest: 8,198 CAD
  • 14.9%Interest Rate x 48 months
  • 1,185 CAD/month + tax
  • Total Payable: 56,871 CAD
  • Total Interest: 14,221 CAD

At the end of the Lease Contract

Residual Value: 20,600 CAD (in 45 months)

  • 4.9%Interest Rate x 48 months
  • 473 CAD/month + tax
  • Total Payable: 22,727 CAD
  • Total Interest: 2,127 CAD
  • 8.9%Interest Rate x 48 months
  • 512 CAD/month + tax
  • Total Payable: 24,559 CAD
  • Total Interest: 3,959 CAD
  • 14.9%Interest Rate x 48 months
  • 572 CAD/month + tax
  • Total Payable: 27,469 CAD
  • Total Interest: 6,869 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)
130.99
  • + tax
  • + fuel
  • + insurance
(or 1.31CAD per km)
Time Analysis
Cost per day: (CAD)
16.11
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
86.32
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD

Similar Listings in Toronto

SAVE ~9,100 CAD
CAD/month x 35 months
2022 BMW 330e plug-in hybrid (ID: #51128)
731
Toronto, ON
2022 BMW

330e plug-in hybrid Automatique AWD

  • Warranty Complete Term
Payment Details
  • Current Payment: 731 CAD/month + tax
  • Residual Value: 17,502 CAD
  • Months to End: 35 months (Apr, 2027)
Vehicle Status
  • Contract Allowance: 64,999 km/year
  • Current Odometer: 51,800 km total
  • Available Now: 93,667 km/year (7,806 per month)
Deal Special Perks
  • Hot Lease Takeover Deal
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details
CAD/month x 19 months
2021 Infiniti Q50 Essential Tech AWD (ID: #45209)
680
Toronto, ON
2021 Infiniti

Q50 Essential Tech AWD Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 680 CAD/month + tax
  • Months to End: 19 months (Dec, 2025)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 46,000 km total
  • Available Now: 11,368 km/year (947 per month)
See all Details
CAD/month x 47 months
2024 Cadillac CT5 V series (ID: #52771)
565
Brampton
2024 Cadillac

CT5 V series Automatique AWD Platinum package

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 565 CAD/month + tax
  • Months to End: 47 months (Apr, 2028)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 20 km total
  • Available Now: 19,995 km/year (1,666 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details
CAD/month x 26 months
2023 Hyundai Ultimate Calligraphy (ID: #52398)
830
Guelph
2023 Hyundai

Ultimate Calligraphy Automatique AWD

Payment Details
  • Current Payment: 830 CAD/month + tax
  • Months to End: 26 months (Jun, 2026)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 9,242 km total
  • Available Now: 17,888 km/year (1,491 per month)
See all Details
+ 3,000 cash
CAD/month x 20 months
2023 Audi A4 Progressive (ID: #52205)
984
Mississauga, ON
2023 Audi

A4 Progressive Automatique AWD S Like

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 984 CAD/month + tax
  • Cash Incentive: 3,000 CAD
  • Payment After Incentive: 834 CAD/month + tax
  • Residual Value: 25,000 CAD
  • Months to End: 20 months (Jan, 2026)
Vehicle Status
  • Contract Allowance: 25,000 km/year
  • Current Odometer: 23,000 km total
  • Available Now: 31,200 km/year (2,600 per month)
See all Details
CAD/month x 30 months
2023 Tesla Model 3 Long Range AWD (ID: #50971)
1,061
Toronto, ON
2023 Tesla

Model 3 Long Range AWD Automatique AWD Enhanced Autopilot, Floor Mats

Payment Details
  • Current Payment: 1,061 CAD/month + tax
  • Months to End: 30 months (Nov, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 46,500 km total
  • Available Now: 13,400 km/year (1,117 per month)
See all Details