Payment Analysis

575.22CAD/monthin Toronto, ON
    Before Taxes:
  • 575.22 CAD/month
  • 265.49 CAD/bi-weekly
  • 132.74 CAD/week
  • 6,902.64 CAD/year
Incl. Ontario Taxes (13%):
  • 650.00 CAD/month
  • 300.00 CAD/bi-weekly
  • 150.00 CAD/week
  • 7,799.98 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: 3,895 ~ 5,195 CAD

compared to leasing a BRAND NEW:

  • MINI JOHN COOPER WORKS 3 DOOR|PREMIER+ LINE
  • for 36 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 660
This Contract (CAD/month) 575
Monthly Difference 85 CAD/month
Remaining Term x 27 months
Total Monthly Difference = 2,295 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,895 ~ 5,195

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 36,267 CAD
  • Total Vehicle Debt: 55,865 CAD
  • Paid so Far: 19,598 CAD (35% Paid)
  • Remaining Lease Payments: 15,531 CAD
  • Residual Value: 20,736 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 19,598 CAD Total Vehicle Value: 55,865 CAD
35% Paid
65%
Vehicle Debt Breakdown
Downpayment: 7,518 CAD Remaining Term: 15,531 CAD
Term Paid so Far: 12,080 CAD Residual Value: 20,736 CAD
13%
22%
27%
38%
Cost to Own
Already Paid: 19,598 CAD (35%)
Cash Incentive: 0 CAD Buyout Price Today: 36,267 CAD
35% Paid
0%
65%
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: 36,267 CAD

  • 4.9%Interest Rate x 48 months
  • 834 CAD/month + tax
  • Total Payable: 40,011 CAD
  • Total Interest: 3,744 CAD
  • 8.9%Interest Rate x 48 months
  • 901 CAD/month + tax
  • Total Payable: 43,238 CAD
  • Total Interest: 6,971 CAD
  • 14.9%Interest Rate x 48 months
  • 1,007 CAD/month + tax
  • Total Payable: 48,360 CAD
  • Total Interest: 12,093 CAD

At the end of the Lease Contract

Residual Value: 20,736 CAD (in 27 months)

  • 4.9%Interest Rate x 48 months
  • 477 CAD/month + tax
  • Total Payable: 22,877 CAD
  • Total Interest: 2,141 CAD
  • 8.9%Interest Rate x 48 months
  • 515 CAD/month + tax
  • Total Payable: 24,722 CAD
  • Total Interest: 3,986 CAD
  • 14.9%Interest Rate x 48 months
  • 576 CAD/month + tax
  • Total Payable: 27,650 CAD
  • Total Interest: 6,914 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)
28.25
  • + tax
  • + fuel
  • + insurance
(or 0.28CAD per km)
  • 34.51CAD/100km (Original Contract back in Apr, 2019)
Time Analysis
Cost per day: (CAD)
18.91
  • + tax
  • + insurance
  • + km driven & fuel
(0.12CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
469.97
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 384.62km/week (Contract Original back in Apr, 2019)

Seller Contact Info

This Contract was Already Transferred.

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