Payment Analysis

302.00CAD/monthin Toronto, ON
    Before Taxes:
  • 302.00 CAD/month
  • 139.38 CAD/bi-weekly
  • 69.69 CAD/week
  • 3,624.00 CAD/year
Incl. Ontario Taxes (13%):
  • 341.26 CAD/month
  • 157.50 CAD/bi-weekly
  • 78.75 CAD/week
  • 4,095.12 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: 14,558 CAD
  • Total Vehicle Debt: 29,939 CAD
  • Paid so Far: 15,381 CAD (51% Paid)
  • Remaining Lease Payments: 3,322 CAD
  • Residual Value: 11,236 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 15,381 CAD Total Vehicle Value: 29,939 CAD
51% Paid
49%
Vehicle Debt Breakdown
Downpayment: 885 CAD Remaining Term: 3,322 CAD
Term Paid so Far: 14,496 CAD Residual Value: 11,236 CAD
2%
49%
11%
38%
Cost to Own
Already Paid: 15,381 CAD (51%)
Cash Incentive: 0 CAD Buyout Price Today: 14,558 CAD
51% Paid
0%
49%
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: 14,558 CAD

  • 4.9%Interest Rate x 48 months
  • 335 CAD/month + tax
  • Total Payable: 16,061 CAD
  • Total Interest: 1,503 CAD
  • 8.9%Interest Rate x 48 months
  • 362 CAD/month + tax
  • Total Payable: 17,356 CAD
  • Total Interest: 2,798 CAD
  • 14.9%Interest Rate x 48 months
  • 404 CAD/month + tax
  • Total Payable: 19,412 CAD
  • Total Interest: 4,854 CAD

At the end of the Lease Contract

Residual Value: 11,236 CAD (in 11 months)

  • 4.9%Interest Rate x 48 months
  • 258 CAD/month + tax
  • Total Payable: 12,396 CAD
  • Total Interest: 1,160 CAD
  • 8.9%Interest Rate x 48 months
  • 279 CAD/month + tax
  • Total Payable: 13,396 CAD
  • Total Interest: 2,160 CAD
  • 14.9%Interest Rate x 48 months
  • 312 CAD/month + tax
  • Total Payable: 14,983 CAD
  • Total Interest: 3,747 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)
3.43
  • + tax
  • + fuel
  • + insurance
(or 0.03CAD per km)
  • 18.12CAD/100km (Original Contract back in May, 2018)
Time Analysis
Cost per day: (CAD)
9.93
  • + tax
  • + insurance
  • + km driven & fuel
(0.30CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,031.47
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in May, 2018)

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