Lease transfer / Lease Take-Over - Ontario's automobile lease takeover and lease transfer specialists, OntarioLeasing.com
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OntarioLeasing.com:
Lease TakeOver Marketplace
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**Notice**
The "Effective Payment" is automatically calculated by our website script.
It will be determined by the cash incentive divided by the number of months remaining
(before taxes). That amount will then be subtracted from the original monthly
payment (before taxes). Example, your original payment is $400, you have 12 months
left on your lease and your cash incentive is $1000. $1000 divided by 12 is $83.33.
You them subtract $83.33 for your original payment of $400 netting an effective
payment of $316.67
If there is no
cash incentive, the "Effective Payment" remains the same as your original
payment before taxes.