This Vehicle is Sold


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Vehicle Photos

Transfer Details

Lease Takeover in Barrie, ON : 2016 Mitsubishi Outlander SE Automatic AWD
SAVE ~7,300 CAD
CAD/month x 45 months
2016 Mitsubishi Outlander SE (ID: #3986)
360
Barrie, ON
2016 Mitsubishi

Outlander SE Automatic AWD w/ Winter Tires

  • Winter Tires Included
Payment Details
  • Current Payment: 360 CAD/month + tax
  • Residual Value: 11,605 CAD
  • Months to End: 45 months (Jun, 2020)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 54,000 km total
  • Available Now: 6,933 km/year (578 per month)

Payment Analysis

360.18CAD/monthin Barrie, ON
    Before Taxes:
  • 360.18 CAD/month
  • 166.24 CAD/bi-weekly
  • 83.12 CAD/week
  • 4,322.16 CAD/year
Incl. Ontario Taxes (13%):
  • 407.00 CAD/month
  • 187.85 CAD/bi-weekly
  • 93.92 CAD/week
  • 4,884.04 CAD/year

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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: 7,055 ~ 7,455 CAD

compared to leasing a BRAND NEW:

  • Mitsubishi Outlander SE AWD
  • for 36 months (note this contract is less than 2 years)
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 499
This Contract (CAD/month) 360
Monthly Difference 139 CAD/month
Remaining Term x 45 months
Total Monthly Difference = 6,255 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 7,055 ~ 7,455

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 27,813 CAD
  • Total Vehicle Debt: 28,894 CAD
  • Paid so Far: 1,081 CAD (3% Paid)
  • Remaining Lease Payments: 16,208 CAD
  • Residual Value: 11,605 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 1,081 CAD Total Vehicle Value: 28,894 CAD
3% Paid
97%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 16,208 CAD
Term Paid so Far: 1,081 CAD Residual Value: 11,605 CAD
0%
3%
56%
41%
Cost to Own
Already Paid: 1,081 CAD (3%)
Cash Incentive: 0 CAD Buyout Price Today: 27,813 CAD
3% Paid
0%
97%
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: 27,813 CAD

  • 4.9%Interest Rate x 48 months
  • 639 CAD/month + tax
  • Total Payable: 30,685 CAD
  • Total Interest: 2,871 CAD
  • 8.9%Interest Rate x 48 months
  • 691 CAD/month + tax
  • Total Payable: 33,159 CAD
  • Total Interest: 5,346 CAD
  • 14.9%Interest Rate x 48 months
  • 773 CAD/month + tax
  • Total Payable: 37,088 CAD
  • Total Interest: 9,274 CAD

At the end of the Lease Contract

Residual Value: 11,605 CAD (in 45 months)

  • 4.9%Interest Rate x 48 months
  • 267 CAD/month + tax
  • Total Payable: 12,803 CAD
  • Total Interest: 1,198 CAD
  • 8.9%Interest Rate x 48 months
  • 288 CAD/month + tax
  • Total Payable: 13,836 CAD
  • Total Interest: 2,231 CAD
  • 14.9%Interest Rate x 48 months
  • 322 CAD/month + tax
  • Total Payable: 15,475 CAD
  • Total Interest: 3,870 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)
62.34
  • + tax
  • + fuel
  • + insurance
(or 0.62CAD per km)
Time Analysis
Cost per day: (CAD)
11.84
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
133.33
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Seller Contact Info

This Contract was Already Transferred.