Payment Analysis

572.61CAD/monthin Toronto, ON
    Before Taxes:
  • 572.61 CAD/month
  • 264.28 CAD/bi-weekly
  • 132.14 CAD/week
  • 6,871.32 CAD/year
Incl. Ontario Taxes (13%):
  • 647.05 CAD/month
  • 298.64 CAD/bi-weekly
  • 149.32 CAD/week
  • 7,764.59 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: 40,321 CAD
  • Total Vehicle Debt: 46,619 CAD
  • Paid so Far: 6,299 CAD (13% Paid)
  • Remaining Lease Payments: 21,187 CAD
  • Residual Value: 19,134 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 6,299 CAD Total Vehicle Value: 46,619 CAD
13% Paid
87%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 21,187 CAD
Term Paid so Far: 6,299 CAD Residual Value: 19,134 CAD
0%
13%
45%
42%
Cost to Own
Already Paid: 6,299 CAD (13%)
Cash Incentive: 0 CAD Buyout Price Today: 40,321 CAD
13% Paid
0%
87%
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: 40,321 CAD

  • 4.9%Interest Rate x 48 months
  • 927 CAD/month + tax
  • Total Payable: 44,483 CAD
  • Total Interest: 4,162 CAD
  • 8.9%Interest Rate x 48 months
  • 1,001 CAD/month + tax
  • Total Payable: 48,070 CAD
  • Total Interest: 7,750 CAD
  • 14.9%Interest Rate x 48 months
  • 1,120 CAD/month + tax
  • Total Payable: 53,765 CAD
  • Total Interest: 13,445 CAD

At the end of the Lease Contract

Residual Value: 19,134 CAD (in 37 months)

  • 4.9%Interest Rate x 48 months
  • 440 CAD/month + tax
  • Total Payable: 21,109 CAD
  • Total Interest: 1,975 CAD
  • 8.9%Interest Rate x 48 months
  • 475 CAD/month + tax
  • Total Payable: 22,812 CAD
  • Total Interest: 3,678 CAD
  • 14.9%Interest Rate x 48 months
  • 532 CAD/month + tax
  • Total Payable: 25,514 CAD
  • Total Interest: 6,380 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)
40.13
  • + tax
  • + fuel
  • + insurance
(or 0.40CAD per km)
  • 42.95CAD/100km (Original Contract back in Apr, 2018)
Time Analysis
Cost per day: (CAD)
18.83
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
329.31
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 307.69km/week (Contract Original back in Apr, 2018)

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