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:
1,066 ~ 1,966 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 39 months |
Total Monthly Difference | = -234 CAD |
+ Cash Incentive** (CAD) | + 500 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 1,066 ~ 1,966 |
** "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:
38,237 CAD
- Total Vehicle Debt: 45,984 CAD
- Paid so Far: 7,247 CAD (15% Paid)
- Remaining Lease Payments: 22,737 CAD
- Residual Value: 16,000 CAD
- Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 7,247 CAD Total Vehicle Value: 45,984 CAD
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 22,737 CAD
Term Paid so Far: 5,247 CAD Residual Value: 16,000 CAD
Cost to Own
Already Paid: 7,247 CAD (15%)
Cash Incentive: 500 CAD Buyout Price Today: 38,237 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: 38,237 CAD
- 4.9%Interest Rate x 48 months
- 879 CAD/month + tax
- Total Payable: 42,184 CAD
- Total Interest: 3,947 CAD
- 8.9%Interest Rate x 48 months
- 950 CAD/month + tax
- Total Payable: 45,586 CAD
- Total Interest: 7,349 CAD
- 14.9%Interest Rate x 48 months
- 1,062 CAD/month + tax
- Total Payable: 50,987 CAD
- Total Interest: 12,750 CAD
At the end of the Lease Contract
Residual Value: 16,000 CAD (in 39 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)
36.76
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
18.75
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
357.99
- km/week
- without any
- additional costs
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