Payment Analysis

649.00CAD/monthin Richmond Hill, ON
    Before Taxes:
  • 649.00 CAD/month
  • 299.54 CAD/bi-weekly
  • 149.77 CAD/week
  • 7,788.00 CAD/year
Incl. Ontario Taxes (13%):
  • 733.37 CAD/month
  • 338.48 CAD/bi-weekly
  • 169.24 CAD/week
  • 8,800.44 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: 4,526 ~ 5,426 CAD

compared to leasing a BRAND NEW:

  • Lexus IS 300 AWD F SPORT Series 2
  • for 36 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 787
This Contract (CAD/month) 649
Monthly Difference 138 CAD/month
Remaining Term x 27 months
Total Monthly Difference = 3,726 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,526 ~ 5,426

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 38,587 CAD
  • Total Vehicle Debt: 55,776 CAD
  • Paid so Far: 17,189 CAD (30% Paid)
  • Remaining Lease Payments: 17,523 CAD
  • Residual Value: 21,064 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,189 CAD Total Vehicle Value: 55,776 CAD
30% Paid
70%
Vehicle Debt Breakdown
Downpayment: 3,560 CAD Remaining Term: 17,523 CAD
Term Paid so Far: 13,629 CAD Residual Value: 21,064 CAD
6%
24%
31%
39%
Cost to Own
Already Paid: 17,189 CAD (30%)
Cash Incentive: 0 CAD Buyout Price Today: 38,587 CAD
30% Paid
0%
70%
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: 38,587 CAD

  • 4.9%Interest Rate x 48 months
  • 887 CAD/month + tax
  • Total Payable: 42,570 CAD
  • Total Interest: 3,983 CAD
  • 8.9%Interest Rate x 48 months
  • 958 CAD/month + tax
  • Total Payable: 46,004 CAD
  • Total Interest: 7,417 CAD
  • 14.9%Interest Rate x 48 months
  • 1,072 CAD/month + tax
  • Total Payable: 51,454 CAD
  • Total Interest: 12,867 CAD

At the end of the Lease Contract

Residual Value: 21,064 CAD (in 27 months)

  • 4.9%Interest Rate x 48 months
  • 484 CAD/month + tax
  • Total Payable: 23,239 CAD
  • Total Interest: 2,175 CAD
  • 8.9%Interest Rate x 48 months
  • 523 CAD/month + tax
  • Total Payable: 25,113 CAD
  • Total Interest: 4,049 CAD
  • 14.9%Interest Rate x 48 months
  • 585 CAD/month + tax
  • Total Payable: 28,088 CAD
  • Total Interest: 7,024 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)
18.54
  • + tax
  • + fuel
  • + insurance
(or 0.19CAD per km)
  • 32.45CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
21.34
  • + tax
  • + insurance
  • + km driven & fuel
(0.12CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
807.91
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 461.54km/week (Contract Original back in Aug, 2019)

Seller Contact Info

This Contract was Already Transferred.

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