Acura Lease Takeover in Toronto, ON: 2022 Acura MDX SH-AWD Platinum Elite Automatique AWD ID:#44869 • LeaseCosts Canada

Payment Analysis

477.87CAD/monthin Toronto, ON

Before Taxes:

477.87 CAD/month
220.56 CAD/bi-weekly
110.28 CAD/week
5,734.44 CAD/year

Incl. Ontario Taxes (13%):

539.99 CAD/month
249.23 CAD/bi-weekly
124.61 CAD/week
6,479.92 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: -23,494 ~ -22,594 CAD

compared to leasing a BRAND NEW:

2023 MDX PLATINUM ELITE
for 36 months
in Ontario
$0 down payment
20,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	1,428
This Contract (CAD/month)	478
Monthly Difference	951 CAD/month
Remaining Term	x 6 months
Total Monthly Difference	= 5,706 CAD
- Required Payment** (CAD)	- 30,000
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= -23,494 ~ -22,594
	** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 51,587 CAD

Total Vehicle Debt: 73,658 CAD
Paid so Far: 52,071 CAD (70% Paid)
Remaining Lease Payments: 2,867 CAD
Residual Value: 18,720 CAD
Required Payment: 30,000 CAD

Vehicle Debt & Value

Paid so far: 52,071 CAD Total Vehicle Value: 73,658 CAD

70% Paid

30%

Vehicle Debt Breakdown

Downpayment: 32,000 CAD Remaining Term: 2,867 CAD

Term Paid so Far: 20,071 CAD Residual Value: 18,720 CAD

43%

27%

Cost to Own

Already Paid: 52,071 CAD (70%)

Required Payment: 30,000 CAD (41%)Buyout Price Today: 51,587 CAD

29% Paid

41%

30%

Additional Financing Details

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: 51,587 CAD

4.9%Interest Rate x 48 months
1,186 CAD/month + tax
Total Payable: 56,913 CAD
Total Interest: 5,326 CAD

8.9%Interest Rate x 48 months
1,281 CAD/month + tax
Total Payable: 61,503 CAD
Total Interest: 9,915 CAD

14.9%Interest Rate x 48 months
1,433 CAD/month + tax
Total Payable: 68,789 CAD
Total Interest: 17,202 CAD

At the end of the Lease Contract

Residual Value: 18,720 CAD (in 6 months)

4.9%Interest Rate x 48 months
430 CAD/month + tax
Total Payable: 20,653 CAD
Total Interest: 1,933 CAD

8.9%Interest Rate x 48 months
465 CAD/month + tax
Total Payable: 22,318 CAD
Total Interest: 3,598 CAD

14.9%Interest Rate x 48 months
520 CAD/month + tax
Total Payable: 24,962 CAD
Total Interest: 6,242 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)

46.06

+ tax
+ fuel
+ insurance

(inlcuding the 30,000CAD incentive)

4.02CAD/100km (TODAY without the Cash Incentive)
23.89CAD/100km (Original Contract back in May, 2022)

Time Analysis

Cost per day: (CAD)

180.09

+ tax
+ insurance
+ km driven & fuel

(inlcuding the 30,000CAD incentive)

15.71CAD/day (Original Contract back in May, 2022)

Remaining Km

Can be driven up to:

2,744.46

km/week
without any
additional costs

Excess km cost: Not Provided

461.54km/week (Contract Original back in May, 2022)

Seller Contact Info

Name: Mohamed Elgendy
Location: Toronto, ON
Date Contract Started: 2022-05-16
Date Contract Ends: 2026-05-16

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Finished in Liquid Carbon Metallic on Brown Leather interior, 3rd Row Seating, Air Conditioning, All Wheel Drive, Backup Camera, Blind Spot Detection, Bluetooth, Bluetooth Music Audio, Cruise Control, Dual Climate Control, Heated Seats, Heated Side View Mirrors, Heated Steering Wheel, Navigation, Power Side View Mirrors, Push Button Start, Remote Start, Running Boards, Steering Wheel Controls, Sunroof, Tinted Windows, Vented Seats, Push Button Shifting, Driver Memory Seat, Power Driver Seat.