Payment Analysis

562.18CAD/monthin Brampton, ON
    Before Taxes:
  • 562.18 CAD/month
  • 259.47 CAD/bi-weekly
  • 129.73 CAD/week
  • 6,746.16 CAD/year
Incl. Ontario Taxes (13%):
  • 635.26 CAD/month
  • 293.20 CAD/bi-weekly
  • 146.60 CAD/week
  • 7,623.16 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: 16,632 CAD

compared to leasing a BRAND NEW:

  • Buick Envision Premium II
  • for 36 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 859
This Contract (CAD/month) 562
Monthly Difference 297 CAD/month
Remaining Term x 56 months
Total Monthly Difference = 16,632 CAD
Total Savings (CAD) = 16,632

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 47,434 CAD
  • Total Vehicle Debt: 43,083 CAD
  • Paid so Far: -4,352 CAD (-11% Paid)
  • Remaining Lease Payments: 31,482 CAD
  • Residual Value: 15,952 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -4,352 CAD Total Vehicle Value: 43,083 CAD
-11% Paid
111%
Vehicle Debt Breakdown
Downpayment: 708 CAD Remaining Term: 31,482 CAD
Term Paid so Far: -5,060 CAD Residual Value: 15,952 CAD
1%
-12%
73%
38%
Cost to Own
Already Paid: -4,352 CAD (-11%)
Cash Incentive: 0 CAD Buyout Price Today: 47,434 CAD
-11% Paid
0%
111%
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: 47,434 CAD

  • 4.9%Interest Rate x 48 months
  • 1,090 CAD/month + tax
  • Total Payable: 52,331 CAD
  • Total Interest: 4,897 CAD
  • 8.9%Interest Rate x 48 months
  • 1,178 CAD/month + tax
  • Total Payable: 56,551 CAD
  • Total Interest: 9,117 CAD
  • 14.9%Interest Rate x 48 months
  • 1,318 CAD/month + tax
  • Total Payable: 63,251 CAD
  • Total Interest: 15,817 CAD

At the end of the Lease Contract

Residual Value: 15,952 CAD (in 56 months)

  • 4.9%Interest Rate x 48 months
  • 367 CAD/month + tax
  • Total Payable: 17,599 CAD
  • Total Interest: 1,647 CAD
  • 8.9%Interest Rate x 48 months
  • 396 CAD/month + tax
  • Total Payable: 19,018 CAD
  • Total Interest: 3,066 CAD
  • 14.9%Interest Rate x 48 months
  • 443 CAD/month + tax
  • Total Payable: 21,271 CAD
  • Total Interest: 5,319 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)
126.00
  • + tax
  • + fuel
  • + insurance
(or 1.26CAD per km)
Time Analysis
Cost per day: (CAD)
18.48
  • + tax
  • + insurance
  • + km driven & fuel
(0.06CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
102.96
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD

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