Payment Analysis

425.07CAD/monthin Toronto, ON
    Before Taxes:
  • 425.07 CAD/month
  • 196.19 CAD/bi-weekly
  • 98.09 CAD/week
  • 5,100.84 CAD/year
Incl. Ontario Taxes (13%):
  • 480.33 CAD/month
  • 221.69 CAD/bi-weekly
  • 110.85 CAD/week
  • 5,763.95 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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 32,142 CAD
  • Total Vehicle Debt: 59,721 CAD
  • Paid so Far: 27,579 CAD (46% Paid)
  • Remaining Lease Payments: 425 CAD
  • Residual Value: 31,717 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 27,579 CAD Total Vehicle Value: 59,721 CAD
46% Paid
54%
Vehicle Debt Breakdown
Downpayment: 2,500 CAD Remaining Term: 425 CAD
Term Paid so Far: 25,079 CAD Residual Value: 31,717 CAD
4%
42%
0%
54%
Cost to Own
Already Paid: 27,579 CAD (46%)
Cash Incentive: 0 CAD Buyout Price Today: 32,142 CAD
46% Paid
0%
54%
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: 32,142 CAD

  • 4.9%Interest Rate x 48 months
  • 739 CAD/month + tax
  • Total Payable: 35,460 CAD
  • Total Interest: 3,318 CAD
  • 8.9%Interest Rate x 48 months
  • 798 CAD/month + tax
  • Total Payable: 38,320 CAD
  • Total Interest: 6,178 CAD
  • 14.9%Interest Rate x 48 months
  • 893 CAD/month + tax
  • Total Payable: 42,860 CAD
  • Total Interest: 10,718 CAD

At the end of the Lease Contract

Residual Value: 31,717 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 729 CAD/month + tax
  • Total Payable: 34,991 CAD
  • Total Interest: 3,274 CAD
  • 8.9%Interest Rate x 48 months
  • 788 CAD/month + tax
  • Total Payable: 37,813 CAD
  • Total Interest: 6,096 CAD
  • 14.9%Interest Rate x 48 months
  • 881 CAD/month + tax
  • Total Payable: 42,293 CAD
  • Total Interest: 10,576 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)
0.43
  • + tax
  • + fuel
  • + insurance
(or 0.00CAD per km)
  • 25.50CAD/100km (Original Contract back in Mar, 2019)
Time Analysis
Cost per day: (CAD)
13.97
  • + tax
  • + insurance
  • + km driven & fuel
(3.29CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
23,072.31
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Mar, 2019)

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