Payment Analysis

263.40CAD/monthin Toronto, ON
    Before Taxes:
  • 263.40 CAD/month
  • 121.57 CAD/bi-weekly
  • 60.78 CAD/week
  • 3,160.80 CAD/year
Incl. Ontario Taxes (13%):
  • 297.64 CAD/month
  • 137.37 CAD/bi-weekly
  • 68.69 CAD/week
  • 3,571.70 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: 8,166 CAD
  • Total Vehicle Debt: 24,207 CAD
  • Paid so Far: 15,541 CAD (64% Paid)
  • Remaining Lease Payments: 263 CAD
  • Residual Value: 8,403 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 15,541 CAD Total Vehicle Value: 24,207 CAD
64% Paid
36%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 263 CAD
Term Paid so Far: 15,541 CAD Residual Value: 8,403 CAD
0%
64%
1%
35%
Cost to Own
Already Paid: 15,541 CAD (64%)
Cash Incentive: 500 CAD Buyout Price Today: 8,166 CAD
64% Paid
2%
34%
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: 8,166 CAD

  • 4.9%Interest Rate x 48 months
  • 188 CAD/month + tax
  • Total Payable: 9,009 CAD
  • Total Interest: 843 CAD
  • 8.9%Interest Rate x 48 months
  • 203 CAD/month + tax
  • Total Payable: 9,736 CAD
  • Total Interest: 1,570 CAD
  • 14.9%Interest Rate x 48 months
  • 227 CAD/month + tax
  • Total Payable: 10,889 CAD
  • Total Interest: 2,723 CAD

At the end of the Lease Contract

Residual Value: 8,403 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 193 CAD/month + tax
  • Total Payable: 9,270 CAD
  • Total Interest: 867 CAD
  • 8.9%Interest Rate x 48 months
  • 209 CAD/month + tax
  • Total Payable: 10,018 CAD
  • Total Interest: 1,615 CAD
  • 14.9%Interest Rate x 48 months
  • 233 CAD/month + tax
  • Total Payable: 11,205 CAD
  • Total Interest: 2,802 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)
-0.24
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 0.27CAD/100km (TODAY without the Cash Incentive)
  • 15.80CAD/100km (Original Contract back in Jun, 2019)
Time Analysis
Cost per day: (CAD)
-7.78
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 8.66CAD/day (Original Contract back in Jun, 2019)
Remaining Km
Can be driven up to:
22,384.62
  • km/week
  • without any
  • additional costs
Excess km cost: 0.07CAD
  • 384.62km/week (Contract Original back in Jun, 2019)

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