Payment Analysis

572.00CAD/monthin Toronto, ON
    Before Taxes:
  • 572.00 CAD/month
  • 264.00 CAD/bi-weekly
  • 132.00 CAD/week
  • 6,864.00 CAD/year
Incl. Ontario Taxes (13%):
  • 646.36 CAD/month
  • 298.32 CAD/bi-weekly
  • 149.16 CAD/week
  • 7,756.32 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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 40,020 CAD
  • Total Vehicle Debt: 51,456 CAD
  • Paid so Far: 11,436 CAD (22% Paid)
  • Remaining Lease Payments: 20,020 CAD
  • Residual Value: 20,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 11,436 CAD Total Vehicle Value: 51,456 CAD
22% Paid
78%
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 20,020 CAD
Term Paid so Far: 7,436 CAD Residual Value: 20,000 CAD
7%
15%
39%
39%
Cost to Own
Already Paid: 11,436 CAD (22%)
Cash Incentive: 0 CAD Buyout Price Today: 40,020 CAD
22% Paid
0%
78%
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: 40,020 CAD

  • 4.9%Interest Rate x 48 months
  • 920 CAD/month + tax
  • Total Payable: 44,151 CAD
  • Total Interest: 4,131 CAD
  • 8.9%Interest Rate x 48 months
  • 994 CAD/month + tax
  • Total Payable: 47,712 CAD
  • Total Interest: 7,692 CAD
  • 14.9%Interest Rate x 48 months
  • 1,112 CAD/month + tax
  • Total Payable: 53,364 CAD
  • Total Interest: 13,344 CAD

At the end of the Lease Contract

Residual Value: 20,000 CAD (in 35 months)

  • 4.9%Interest Rate x 48 months
  • 460 CAD/month + tax
  • Total Payable: 22,065 CAD
  • Total Interest: 2,065 CAD
  • 8.9%Interest Rate x 48 months
  • 497 CAD/month + tax
  • Total Payable: 23,844 CAD
  • Total Interest: 3,844 CAD
  • 14.9%Interest Rate x 48 months
  • 556 CAD/month + tax
  • Total Payable: 26,669 CAD
  • Total Interest: 6,669 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)
30.80
  • + tax
  • + fuel
  • + insurance
(or 0.31CAD per km)
  • 34.32CAD/100km (Original Contract back in Nov, 2018)
Time Analysis
Cost per day: (CAD)
18.81
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
428.57
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 384.62km/week (Contract Original back in Nov, 2018)

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