Payment Analysis
583.00CAD/monthin Mississauga, ON
- 583.00 CAD/month
- 269.08 CAD/bi-weekly
- 134.54 CAD/week
- 6,996.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 658.79 CAD/month
- 304.06 CAD/bi-weekly
- 152.03 CAD/week
- 7,905.48 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:
1,048 ~ 1,948 CAD
compared to leasing a BRAND NEW:
- Acura TLX Tech
- for 30 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 578 |
|---|---|
| This Contract (CAD/month) | 583 |
| Monthly Difference | -6 CAD/month |
| Remaining Term | x 42 months |
| Total Monthly Difference | = -252 CAD |
| + Cash Incentive** (CAD) | + 500 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 1,048 ~ 1,948 |
| ** "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:
39,986 CAD
- Total Vehicle Debt: 45,984 CAD
- Paid so Far: 5,498 CAD (11% Paid)
- Remaining Lease Payments: 24,486 CAD
- Residual Value: 16,000 CAD
- Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 5,498 CAD Total Vehicle Value: 45,984 CAD
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 24,486 CAD
Term Paid so Far: 3,498 CAD Residual Value: 16,000 CAD
Cost to Own
Already Paid: 5,498 CAD (11%)
Cash Incentive: 500 CAD Buyout Price Today: 39,986 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: 39,986 CAD
- 4.9%Interest Rate x 48 months
- 919 CAD/month + tax
- Total Payable: 44,114 CAD
- Total Interest: 4,128 CAD
- 8.9%Interest Rate x 48 months
- 993 CAD/month + tax
- Total Payable: 47,671 CAD
- Total Interest: 7,685 CAD
- 14.9%Interest Rate x 48 months
- 1,111 CAD/month + tax
- Total Payable: 53,319 CAD
- Total Interest: 13,333 CAD
At the end of the Lease Contract
Residual Value: 16,000 CAD (in 42 months)
- 4.9%Interest Rate x 48 months
- 368 CAD/month + tax
- Total Payable: 17,652 CAD
- Total Interest: 1,652 CAD
- 8.9%Interest Rate x 48 months
- 397 CAD/month + tax
- Total Payable: 19,075 CAD
- Total Interest: 3,075 CAD
- 14.9%Interest Rate x 48 months
- 444 CAD/month + tax
- Total Payable: 21,335 CAD
- Total Interest: 5,335 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)
39.65
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
18.78
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
332.42
- km/week
- without any
- additional costs
Similar Listings in Toronto
+ 2,000 cash
2024 Audi
S5 Sportback Progressiv Automatique AWD 360 camera, 20" wheels, Prepaid maintenance, lease excess wear waiverca
Payment Details
- Current Payment: 1,024 CAD/month + tax
- Cash Incentive: 2,000 CAD
- Payment After Incentive: 950 CAD/month + tax
- Months to End: 27 months (Nov, 2027)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 16,000 km total
- Available Now: 21,333 km/year (1,778 per month)
2022 Polestar
Polestar 2 Automatique AWD
Payment Details
- Current Payment: 1,120 CAD/month + tax
- Original Downpayment: 1,000 CAD
- Months to End: 24 months (Aug, 2027)
Vehicle Status
- Contract Allowance: 50,000 km/year
- Current Odometer: 49,000 km total
- Available Now: 98,417 km/year (8,201 per month)
2021 Infiniti
Q50 Essential Tech AWD Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage
Payment Details
- Current Payment: 680 CAD/month + tax
- Months to End: 4 months (Dec, 2025)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 46,000 km total
- Available Now: 54,000 km/year (4,500 per month)
- Please note that this contract ends in less than a year.
2022 Volvo
S60 Inscription B5 Automatique AWD
Payment Details
- Current Payment: 784 CAD/month + tax
- Original Downpayment: 2,245 CAD
- Residual Value: 33,690 CAD
- Months to End: 5 months (Jan, 2026)
Vehicle Status
- Contract Allowance: 12,000 km/year
- Current Odometer: 16,000 km total
- Available Now: 76,800 km/year (6,400 per month)
- Please note that this contract ends in less than a year.
- Excess Km Cost: 0.16 CAD/km
+ 4,000 cash
2024 Hyundai
N-Line DCT Ultimate Automatique 2WD
Payment Details
- Current Payment: 377 CAD/month + tax
- Required Payment: 4,000 CAD
- Payment Including Incentive: 498 CAD/month + tax
- Original Downpayment: 3,500 CAD
- Months to End: 33 months (Jun, 2028)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 22,400 km total
- Available Now: 20,945 km/year (1,745 per month)
- Excess Km Cost: 0.08 CAD/km
+ 3,000 cash
2022 Toyota
Camry SE Automatique 2WD
Payment Details
- Current Payment: 482 CAD/month + tax
- Required Payment: 3,000 CAD
- Payment Including Incentive: 625 CAD/month + tax
- Residual Value: 12,254 CAD
- Months to End: 21 months (May, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 43,000 km total
- Available Now: 32,571 km/year (2,714 per month)
- Excess Km Cost: 0.10 CAD/km
