Payment Analysis
635.00CAD/monthin Mississauga, ON
- 635.00 CAD/month
- 293.08 CAD/bi-weekly
- 146.54 CAD/week
- 7,620.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 717.55 CAD/month
- 331.18 CAD/bi-weekly
- 165.59 CAD/week
- 8,610.60 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:
7,600 ~ 8,000 CAD
compared to leasing a BRAND NEW:
- Acura TLX TECH A-SPEC AWD
- for 12 months
- in Ontario
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 860 |
---|---|
This Contract (CAD/month) | 635 |
Monthly Difference | 225 CAD/month |
Remaining Term | x 28 months |
Total Monthly Difference | = 6,300 CAD |
+ Cash Incentive** (CAD) | + 500 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
Total Savings (CAD) | = 7,600 ~ 8,000 |
** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
37,280 CAD
- Total Vehicle Debt: 50,480 CAD
- Paid so Far: 12,700 CAD (25% Paid)
- Remaining Lease Payments: 17,780 CAD
- Residual Value: 20,000 CAD
- Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 12,700 CAD Total Vehicle Value: 50,480 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 17,780 CAD
Term Paid so Far: 12,700 CAD Residual Value: 20,000 CAD
Cost to Own
Already Paid: 12,700 CAD (25%)
Cash Incentive: 500 CAD Buyout Price Today: 37,280 CAD
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: 37,280 CAD
- 4.9%Interest Rate x 48 months
- 857 CAD/month + tax
- Total Payable: 41,129 CAD
- Total Interest: 3,849 CAD
- 8.9%Interest Rate x 48 months
- 926 CAD/month + tax
- Total Payable: 44,445 CAD
- Total Interest: 7,165 CAD
- 14.9%Interest Rate x 48 months
- 1,036 CAD/month + tax
- Total Payable: 49,711 CAD
- Total Interest: 12,431 CAD
At the end of the Lease Contract
Residual Value: 20,000 CAD (in 28 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)
22.44
- + tax
- + fuel
- + insurance
- 23.09CAD/100km (TODAY without the Cash Incentive)
- 30.48CAD/100km (Original Contract back in Dec, 2017)
Time Analysis
Cost per day: (CAD)
20.29
- + tax
- + insurance
- + km driven & fuel
- 20.88CAD/day (Original Contract back in Dec, 2017)
Remaining Km
Can be driven up to:
634.62
- km/week
- without any
- additional costs
- 480.77km/week (Contract Original back in Dec, 2017)
Similar Listings in Toronto
SAVE ~9,100 CAD
2022 BMW
330e plug-in hybrid Automatique AWD
Payment Details
- Current Payment: 731 CAD/month + tax
- Residual Value: 17,502 CAD
- Months to End: 35 months (Apr, 2027)
Vehicle Status
- Contract Allowance: 64,999 km/year
- Current Odometer: 51,800 km total
- Available Now: 93,667 km/year (7,806 per month)
Deal Special Perks
2021 Infiniti
Q50 Essential Tech AWD Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage
Payment Details
- Current Payment: 680 CAD/month + tax
- Months to End: 19 months (Dec, 2025)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 46,000 km total
- Available Now: 11,368 km/year (947 per month)
2024 Cadillac
CT5 V series Automatique AWD Platinum package
Payment Details
- Current Payment: 565 CAD/month + tax
- Months to End: 47 months (Apr, 2028)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 20 km total
- Available Now: 19,995 km/year (1,666 per month)
- Excess Km Cost: 0.15 CAD/km
2023 Hyundai
Ultimate Calligraphy Automatique AWD
Payment Details
- Current Payment: 830 CAD/month + tax
- Months to End: 25 months (Jun, 2026)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 9,242 km total
- Available Now: 18,604 km/year (1,550 per month)
+ 3,000 cash
2023 Audi
A4 Progressive Automatique AWD S Like
Payment Details
- Current Payment: 984 CAD/month + tax
- Cash Incentive: 3,000 CAD
- Payment After Incentive: 834 CAD/month + tax
- Residual Value: 25,000 CAD
- Months to End: 20 months (Jan, 2026)
Vehicle Status
- Contract Allowance: 25,000 km/year
- Current Odometer: 23,000 km total
- Available Now: 31,200 km/year (2,600 per month)
2023 Tesla
Model 3 Long Range AWD Automatique AWD Enhanced Autopilot, Floor Mats
Payment Details
- Current Payment: 1,061 CAD/month + tax
- Months to End: 30 months (Nov, 2026)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 46,500 km total
- Available Now: 13,400 km/year (1,117 per month)