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Transfer Details

Lease Transfer Mitsubishi Lease Takeover in King City, ON: 2019 Mitsubishi Eclipse Cross GT Automatic AWD
SAVE ~3,200 CAD
CAD/month x 9 months
2019 Mitsubishi Eclipse Cross GT (ID: #16531)
345
King City, ON
2019 Mitsubishi

Eclipse Cross GT Automatic AWD

Payment Details
  • Current Payment: 345 CAD/month + tax
  • Original Downpayment: 4,425 CAD
  • Residual Value: 16,708 CAD
  • Months to End: 9 months (Aug, 2023)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 10,823 km total
  • Available Now: 92,236 km/year (7,686 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.10 CAD/km
Deal Special Perks
  • Large Down Payment
  • High End Vehicle & Options
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

345.12CAD/monthin King City, ON
    Before Taxes:
  • 345.12 CAD/month
  • 159.29 CAD/bi-weekly
  • 79.64 CAD/week
  • 4,141.44 CAD/year
Incl. Ontario Taxes (13%):
  • 389.99 CAD/month
  • 179.99 CAD/bi-weekly
  • 90.00 CAD/week
  • 4,679.83 CAD/year

Estimate Insurance Costs

 

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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: 3,240 CAD

compared to leasing a BRAND NEW:

  • ECLIPSE CROSS Trim: GT S-AWC
  • for 36 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 705
This Contract (CAD/month) 345
Monthly Difference 360 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 3,240 CAD
Total Savings (CAD) = 3,240

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 19,814 CAD
  • Total Vehicle Debt: 37,699 CAD
  • Paid so Far: 17,884 CAD (47% Paid)
  • Remaining Lease Payments: 3,106 CAD
  • Residual Value: 16,708 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,884 CAD Total Vehicle Value: 37,699 CAD
47% Paid
53%
Vehicle Debt Breakdown
Downpayment: 4,425 CAD Remaining Term: 3,106 CAD
Term Paid so Far: 13,460 CAD Residual Value: 16,708 CAD
11%
36%
8%
45%
Cost to Own
Already Paid: 17,884 CAD (47%)
Cash Incentive: 0 CAD Buyout Price Today: 19,814 CAD
47% Paid
0%
53%
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: 19,814 CAD

  • 4.9%Interest Rate x 48 months
  • 455 CAD/month + tax
  • Total Payable: 21,860 CAD
  • Total Interest: 2,045 CAD
  • 8.9%Interest Rate x 48 months
  • 492 CAD/month + tax
  • Total Payable: 23,623 CAD
  • Total Interest: 3,808 CAD
  • 14.9%Interest Rate x 48 months
  • 550 CAD/month + tax
  • Total Payable: 26,421 CAD
  • Total Interest: 6,607 CAD

At the end of the Lease Contract

Residual Value: 16,708 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 384 CAD/month + tax
  • Total Payable: 18,433 CAD
  • Total Interest: 1,725 CAD
  • 8.9%Interest Rate x 48 months
  • 415 CAD/month + tax
  • Total Payable: 19,919 CAD
  • Total Interest: 3,211 CAD
  • 14.9%Interest Rate x 48 months
  • 464 CAD/month + tax
  • Total Payable: 22,279 CAD
  • Total Interest: 5,571 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)
4.49
  • + tax
  • + fuel
  • + insurance
(or 0.04CAD per km)
  • 20.71CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
11.35
  • + tax
  • + insurance
  • + km driven & fuel
(0.37CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,773.77
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Aug, 2019)

Seller Contact Info

This Contract was Already Transferred.

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