Payment Analysis

670.00CAD/monthin Montreal, QC
    Before Taxes:
  • 670.00 CAD/month
  • 309.23 CAD/bi-weekly
  • 154.62 CAD/week
  • 8,040.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 770.37 CAD/month
  • 355.55 CAD/bi-weekly
  • 177.78 CAD/week
  • 9,244.39 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: 15,582 ~ 16,882 CAD

compared to leasing a BRAND NEW:

  • Infiniti QX60 PROACTIVE AWD
  • for 33 months
  • in QC
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 993
This Contract (CAD/month) 670
Monthly Difference 323 CAD/month
Remaining Term x 34 months
Total Monthly Difference = 10,982 CAD
+ Cash Incentive** (CAD) + 3,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 15,582 ~ 16,882
** "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: 41,780 CAD
  • Total Vehicle Debt: 62,200 CAD
  • Paid so Far: 17,420 CAD (28% Paid)
  • Remaining Lease Payments: 22,780 CAD
  • Residual Value: 22,000 CAD
  • Cash Incentive: 3,000 CAD
Vehicle Debt & Value
Paid so far: 17,420 CAD Total Vehicle Value: 62,200 CAD
28% Paid
72%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 22,780 CAD
Term Paid so Far: 17,420 CAD Residual Value: 22,000 CAD
0%
28%
36%
36%
Cost to Own
Already Paid: 17,420 CAD (28%)
Cash Incentive: 3,000 CAD Buyout Price Today: 41,780 CAD
28% Paid
4%
68%
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: 41,780 CAD

  • 4.9%Interest Rate x 48 months
  • 960 CAD/month + tax
  • Total Payable: 46,093 CAD
  • Total Interest: 4,313 CAD
  • 8.9%Interest Rate x 48 months
  • 1,038 CAD/month + tax
  • Total Payable: 49,810 CAD
  • Total Interest: 8,030 CAD
  • 14.9%Interest Rate x 48 months
  • 1,161 CAD/month + tax
  • Total Payable: 55,711 CAD
  • Total Interest: 13,931 CAD

At the end of the Lease Contract

Residual Value: 22,000 CAD (in 34 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)
30.71
  • + tax
  • + fuel
  • + insurance
(inlcuding the 3,000CAD incentive)
  • 35.37CAD/100km (TODAY without the Cash Incentive)
  • 50.25CAD/100km (Original Contract back in May, 2018)
Time Analysis
Cost per day: (CAD)
19.13
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 3,000CAD incentive)
  • 22.03CAD/day (Original Contract back in May, 2018)
Remaining Km
Can be driven up to:
437.10
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 307.69km/week (Contract Original back in May, 2018)

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