This Vehicle is Sold
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Vehicle Photos
Transfer Details
Outlander GT AWD CVT AWD w/ protection package of worth $1600
Payment Details
- Current Payment: 560 CAD/month + tax
- Cash Incentive: 5,000 CAD
- Payment After Incentive: 352 CAD/month + tax
- Original Downpayment: 1,000 CAD
- Residual Value: 15,000 CAD
- Months to End: 24 months (May, 2022)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 45,200 km total
- Available Now: 27,400 km/year (2,283 per month)
- Excess Km Cost: 0.12 CAD/km
Payment Analysis
- 560.10 CAD/month
- 258.51 CAD/bi-weekly
- 129.25 CAD/week
- 6,721.20 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 632.91 CAD/month
- 292.11 CAD/bi-weekly
- 146.06 CAD/week
- 7,594.96 CAD/year
Estimate Insurance Costs
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powered byLease Takeover/Buyout Analysis
For Leasing Purposes
compared to leasing a BRAND NEW:
- Mitsubishi Outlander GT
- for 30 months
- in Ontario
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 757 |
---|---|
This Contract (CAD/month) | 560 |
Monthly Difference | 197 CAD/month |
Remaining Term | x 24 months |
Total Monthly Difference | = 4,728 CAD |
+ Cash Incentive** (CAD) | + 5,000 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
Total Savings (CAD) | = 10,528 ~ 10,928 |
** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
- Total Vehicle Debt: 49,606 CAD
- Paid so Far: 21,164 CAD (42% Paid)
- Remaining Lease Payments: 13,442 CAD
- Residual Value: 15,000 CAD
- Cash Incentive: 5,000 CAD
Paid so far: 21,164 CAD Total Vehicle Value: 49,606 CAD
Downpayment: 1,000 CAD Remaining Term: 13,442 CAD
Term Paid so Far: 20,164 CAD Residual Value: 15,000 CAD
Already Paid: 21,164 CAD (42%)
Cash Incentive: 5,000 CAD Buyout Price Today: 23,442 CAD
Finance the remaining Debt Today
Remaining Term + Residual Value: 23,442 CAD
- 4.9%Interest Rate x 48 months
- 539 CAD/month + tax
- Total Payable: 25,862 CAD
- Total Interest: 2,420 CAD
- 8.9%Interest Rate x 48 months
- 582 CAD/month + tax
- Total Payable: 27,948 CAD
- Total Interest: 4,506 CAD
- 14.9%Interest Rate x 48 months
- 651 CAD/month + tax
- Total Payable: 31,259 CAD
- Total Interest: 7,817 CAD
At the end of the Lease Contract
Residual Value: 15,000 CAD (in 24 months)
- 4.9%Interest Rate x 48 months
- 345 CAD/month + tax
- Total Payable: 16,548 CAD
- Total Interest: 1,548 CAD
- 8.9%Interest Rate x 48 months
- 373 CAD/month + tax
- Total Payable: 17,883 CAD
- Total Interest: 2,883 CAD
- 14.9%Interest Rate x 48 months
- 417 CAD/month + tax
- Total Payable: 20,002 CAD
- Total Interest: 5,002 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
- + tax
- + fuel
- + insurance
- 24.53CAD/100km (TODAY without the Cash Incentive)
- 33.61CAD/100km (Original Contract back in May, 2017)
Time Analysis
- + tax
- + insurance
- + km driven & fuel
- 18.41CAD/day (Original Contract back in May, 2017)
Remaining Km
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in May, 2017)