Payment Analysis

495.00CAD/monthin Brampton, ON
    Before Taxes:
  • 495.00 CAD/month
  • 228.46 CAD/bi-weekly
  • 114.23 CAD/week
  • 5,940.00 CAD/year
Incl. Ontario Taxes (13%):
  • 559.35 CAD/month
  • 258.16 CAD/bi-weekly
  • 129.08 CAD/week
  • 6,712.20 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: 1,455 CAD

compared to leasing a BRAND NEW:

  • Infiniti Q50 Signature Edition
  • for 39 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 592
This Contract (CAD/month) 495
Monthly Difference 97 CAD/month
Remaining Term x 15 months
Total Monthly Difference = 1,455 CAD
Total Savings (CAD) = 1,455

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 29,425 CAD
  • Total Vehicle Debt: 46,760 CAD
  • Paid so Far: 17,335 CAD (37% Paid)
  • Remaining Lease Payments: 7,425 CAD
  • Residual Value: 22,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,335 CAD Total Vehicle Value: 46,760 CAD
37% Paid
63%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 7,425 CAD
Term Paid so Far: 16,335 CAD Residual Value: 22,000 CAD
2%
35%
15%
48%
Cost to Own
Already Paid: 17,335 CAD (37%)
Cash Incentive: 0 CAD Buyout Price Today: 29,425 CAD
37% Paid
0%
63%
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: 29,425 CAD

  • 4.9%Interest Rate x 48 months
  • 676 CAD/month + tax
  • Total Payable: 32,463 CAD
  • Total Interest: 3,038 CAD
  • 8.9%Interest Rate x 48 months
  • 731 CAD/month + tax
  • Total Payable: 35,081 CAD
  • Total Interest: 5,656 CAD
  • 14.9%Interest Rate x 48 months
  • 817 CAD/month + tax
  • Total Payable: 39,237 CAD
  • Total Interest: 9,812 CAD

At the end of the Lease Contract

Residual Value: 22,000 CAD (in 15 months)

  • 4.9%Interest Rate x 48 months
  • 506 CAD/month + tax
  • Total Payable: 24,271 CAD
  • Total Interest: 2,271 CAD
  • 8.9%Interest Rate x 48 months
  • 546 CAD/month + tax
  • Total Payable: 26,228 CAD
  • Total Interest: 4,228 CAD
  • 14.9%Interest Rate x 48 months
  • 611 CAD/month + tax
  • Total Payable: 29,336 CAD
  • Total Interest: 7,336 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)
10.17
  • + tax
  • + fuel
  • + insurance
(or 0.10CAD per km)
  • 29.70CAD/100km (Original Contract back in Dec, 2018)
Time Analysis
Cost per day: (CAD)
16.27
  • + tax
  • + insurance
  • + km driven & fuel
(0.22CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,123.08
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 384.62km/week (Contract Original back in Dec, 2018)

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