Payment Analysis

428.35CAD/monthin Owen Sound, ON
    Before Taxes:
  • 428.35 CAD/month
  • 197.70 CAD/bi-weekly
  • 98.85 CAD/week
  • 5,140.20 CAD/year
Incl. Ontario Taxes (13%):
  • 484.04 CAD/month
  • 223.40 CAD/bi-weekly
  • 111.70 CAD/week
  • 5,808.43 CAD/year

Lease Takeover/Buyout Analysis

The Lease Takeover Analysis "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)

For Leasing Purposes

With this deal, you are saving: 3,575 ~ 3,975 CAD

compared to leasing a BRAND NEW:

  • Toyota Camry SE w/ Upgrade Package & Extra Care Protection Gold Plan (48/100,000)
  • for 39 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 503
This Contract (CAD/month) 428
Monthly Difference 75 CAD/month
Remaining Term x 37 months
Total Monthly Difference = 2,775 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 3,575 ~ 3,975

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 28,555 CAD
  • Total Vehicle Debt: 37,979 CAD
  • Paid so Far: 9,424 CAD (24% Paid)
  • Remaining Lease Payments: 15,849 CAD
  • Residual Value: 12,706 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 9,424 CAD Total Vehicle Value: 37,979 CAD
24% Paid
76%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 15,849 CAD
Term Paid so Far: 9,424 CAD Residual Value: 12,706 CAD
0%
24%
42%
34%
Cost to Own
Already Paid: 9,424 CAD
Cash Incentive: 0 CAD Buyout Price Today: 28,555 CAD
24% Paid
0%
76%
Interested on financing the vehicle? This section automatically calculates the following scenarios: (Learn more)

Finance the remaining Debt Today

Remaining Term + Residual Value: 28,555 CAD

  • 4.9%Interest Rate x 48 months
  • 656 CAD/month + tax
  • Total Payable: 31,503 CAD
  • Total Interest: 2,948 CAD
  • 8.9%Interest Rate x 48 months
  • 709 CAD/month + tax
  • Total Payable: 34,043 CAD
  • Total Interest: 5,488 CAD
  • 14.9%Interest Rate x 48 months
  • 793 CAD/month + tax
  • Total Payable: 38,076 CAD
  • Total Interest: 9,521 CAD

At the end of the Lease Contract

Residual Value: 12,706 CAD (in 37 months)

  • 4.9%Interest Rate x 48 months
  • 292 CAD/month + tax
  • Total Payable: 14,018 CAD
  • Total Interest: 1,312 CAD
  • 8.9%Interest Rate x 48 months
  • 316 CAD/month + tax
  • Total Payable: 15,148 CAD
  • Total Interest: 2,442 CAD
  • 14.9%Interest Rate x 48 months
  • 353 CAD/month + tax
  • Total Payable: 16,943 CAD
  • Total Interest: 4,237 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)

Distance Analysis
Cost to drive 100km: (CAD)
21.32
  • + tax
  • + fuel
  • + insurance
(or 0.21CAD per km)
  • 25.70CAD/100km (Original Contract back in Apr, 2018)
Time Analysis
Cost per day: (CAD)
14.08
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
463.62
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Apr, 2018)