Payment Analysis

567.28CAD/monthin Owen Sound, ON
    Before Taxes:
  • 567.28 CAD/month
  • 261.82 CAD/bi-weekly
  • 130.91 CAD/week
  • 6,807.36 CAD/year
Incl. Ontario Taxes (13%):
  • 641.03 CAD/month
  • 295.86 CAD/bi-weekly
  • 147.93 CAD/week
  • 7,692.32 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: 39,265 ~ 40,565 CAD

compared to leasing a BRAND NEW:

  • LINCOLN MKZ HYBRID RESERVE
  • for 12 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,404
This Contract (CAD/month) 567
Monthly Difference 837 CAD/month
Remaining Term x 45 months
Total Monthly Difference = 37,665 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 39,265 ~ 40,565

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 43,713 CAD
  • Total Vehicle Debt: 45,415 CAD
  • Paid so Far: 1,702 CAD (3% Paid)
  • Remaining Lease Payments: 25,528 CAD
  • Residual Value: 18,186 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 1,702 CAD Total Vehicle Value: 45,415 CAD
3% Paid
97%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 25,528 CAD
Term Paid so Far: 1,702 CAD Residual Value: 18,186 CAD
0%
3%
56%
41%
Cost to Own
Already Paid: 1,702 CAD (3%)
Cash Incentive: 0 CAD Buyout Price Today: 43,713 CAD
3% Paid
0%
97%
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: 43,713 CAD

  • 4.9%Interest Rate x 48 months
  • 1,005 CAD/month + tax
  • Total Payable: 48,226 CAD
  • Total Interest: 4,513 CAD
  • 8.9%Interest Rate x 48 months
  • 1,086 CAD/month + tax
  • Total Payable: 52,115 CAD
  • Total Interest: 8,402 CAD
  • 14.9%Interest Rate x 48 months
  • 1,214 CAD/month + tax
  • Total Payable: 58,289 CAD
  • Total Interest: 14,576 CAD

At the end of the Lease Contract

Residual Value: 18,186 CAD (in 45 months)

  • 4.9%Interest Rate x 48 months
  • 418 CAD/month + tax
  • Total Payable: 20,063 CAD
  • Total Interest: 1,877 CAD
  • 8.9%Interest Rate x 48 months
  • 452 CAD/month + tax
  • Total Payable: 21,681 CAD
  • Total Interest: 3,495 CAD
  • 14.9%Interest Rate x 48 months
  • 505 CAD/month + tax
  • Total Payable: 24,249 CAD
  • Total Interest: 6,064 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)
51.80
  • + tax
  • + fuel
  • + insurance
(or 0.52CAD per km)
Time Analysis
Cost per day: (CAD)
18.65
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
252.72
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD

Similar Listings in Toronto

+ 5,000 cash
CAD/month x 30 months
2024 Audi S5 Sportback Progressiv (ID: #58437)
1,024
Toronto
2024 Audi

S5 Sportback Progressiv Automatique AWD 360 camera, 20" wheels, Prepaid maintenance, lease excess wear waiverca

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 1,024 CAD/month + tax
  • Cash Incentive: 5,000 CAD
  • Payment After Incentive: 857 CAD/month + tax
  • Months to End: 30 months (Nov, 2027)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 14,393 km total
  • Available Now: 19,843 km/year (1,654 per month)
See all Details
CAD/month x 27 months
2022 Polestar Polestar 2 (ID: #55550)
1,120
Toronto, IN
2022 Polestar

Polestar 2 Automatique AWD

  • Winter Tires Included
Payment Details
  • Current Payment: 1,120 CAD/month + tax
  • Original Downpayment: 1,000 CAD
  • Months to End: 27 months (Aug, 2027)
Vehicle Status
  • Contract Allowance: 50,000 km/year
  • Current Odometer: 49,000 km total
  • Available Now: 87,481 km/year (7,290 per month)
See all Details
CAD/month x 7 months
2021 Infiniti Q50 Essential Tech AWD (ID: #45209)
680
Toronto, ON
2021 Infiniti

Q50 Essential Tech AWD Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 680 CAD/month + tax
  • Months to End: 7 months (Dec, 2025)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 46,000 km total
  • Available Now: 30,857 km/year (2,571 per month)
  • Please note that this contract ends in less than a year.
See all Details
+ 3,000 cash
CAD/month x 24 months
2022 Toyota Camry SE (ID: #59566)
482
Toronto
2022 Toyota

Camry SE Automatique 2WD

  • Warranty Complete Term
Payment Details
  • Current Payment: 482 CAD/month + tax
  • Required Payment: 3,000 CAD
  • Payment Including Incentive: 607 CAD/month + tax
  • Residual Value: 12,254 CAD
  • Months to End: 24 months (May, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 43,000 km total
  • Available Now: 28,500 km/year (2,375 per month)
  • Excess Km Cost: 0.10 CAD/km
See all Details
CAD/month x 48 months
2023 Genesis G80 2.5T Advanced AWD (ID: #58346)
690
Mississauga
2023 Genesis

G80 2.5T Advanced AWD Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 690 CAD/month + tax
  • Original Downpayment: 5,000 CAD
  • Months to End: 48 months (May, 2029)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 26,000 km total
  • Available Now: 18,083 km/year (1,507 per month)
See all Details
+ 5,000 cash
CAD/month x 17 months
2023 Audi S5 3.0L Quattro Technik Sportback (ID: #58046)
1,379
Toronto, ON
2023 Audi

S5 3.0L Quattro Technik Sportback Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 1,379 CAD/month + tax
  • Cash Incentive: 5,000 CAD
  • Payment After Incentive: 1,085 CAD/month + tax
  • Residual Value: 40,836 CAD
  • Months to End: 17 months (Oct, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 68,635 km total
  • Available Now: 8,022 km/year (669 per month)
See all Details