Payment Analysis
540.00CAD/monthin Toronto, ON
- 540.00 CAD/month
- 249.23 CAD/bi-weekly
- 124.62 CAD/week
- 6,480.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 610.20 CAD/month
- 281.63 CAD/bi-weekly
- 140.82 CAD/week
- 7,322.40 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:
5,358 ~ 6,258 CAD
compared to leasing a BRAND NEW:
- Acura TLX AWD A-SPEC
- for 30 months
- in Ontario
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 666 |
---|---|
This Contract (CAD/month) | 540 |
Monthly Difference | 126 CAD/month |
Remaining Term | x 29 months |
Total Monthly Difference | = 3,654 CAD |
+ Cash Incentive** (CAD) | + 904 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 5,358 ~ 6,258 |
** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
40,756 CAD
- Total Vehicle Debt: 46,636 CAD
- Paid so Far: 4,976 CAD (10% Paid)
- Remaining Lease Payments: 15,660 CAD
- Residual Value: 26,000 CAD
- Cash Incentive: 904 CAD
Vehicle Debt & Value
Paid so far: 4,976 CAD Total Vehicle Value: 46,636 CAD
Vehicle Debt Breakdown
Downpayment: 1,196 CAD Remaining Term: 15,660 CAD
Term Paid so Far: 3,780 CAD Residual Value: 26,000 CAD
Cost to Own
Already Paid: 4,976 CAD (10%)
Cash Incentive: 904 CAD Buyout Price Today: 40,756 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: 40,756 CAD
- 4.9%Interest Rate x 48 months
- 937 CAD/month + tax
- Total Payable: 44,963 CAD
- Total Interest: 4,207 CAD
- 8.9%Interest Rate x 48 months
- 1,012 CAD/month + tax
- Total Payable: 48,589 CAD
- Total Interest: 7,833 CAD
- 14.9%Interest Rate x 48 months
- 1,132 CAD/month + tax
- Total Payable: 54,346 CAD
- Total Interest: 13,590 CAD
At the end of the Lease Contract
Residual Value: 26,000 CAD (in 29 months)
- 4.9%Interest Rate x 48 months
- 598 CAD/month + tax
- Total Payable: 28,684 CAD
- Total Interest: 2,684 CAD
- 8.9%Interest Rate x 48 months
- 646 CAD/month + tax
- Total Payable: 30,997 CAD
- Total Interest: 4,997 CAD
- 14.9%Interest Rate x 48 months
- 722 CAD/month + tax
- Total Payable: 34,670 CAD
- Total Interest: 8,670 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)
27.33
- + tax
- + fuel
- + insurance
- 29.00CAD/100km (TODAY without the Cash Incentive)
- 32.40CAD/100km (Original Contract back in Nov, 2018)
Time Analysis
Cost per day: (CAD)
16.73
- + tax
- + insurance
- + km driven & fuel
- 17.75CAD/day (Original Contract back in Nov, 2018)
Remaining Km
Can be driven up to:
429.71
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Nov, 2018)
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