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: 4,065 ~ 5,365 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 29 months
Total Monthly Difference = 2,465 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,065 ~ 5,365

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 37,417 CAD
  • Total Vehicle Debt: 55,865 CAD
  • Paid so Far: 18,447 CAD (33% Paid)
  • Remaining Lease Payments: 16,681 CAD
  • Residual Value: 20,736 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,447 CAD Total Vehicle Value: 55,865 CAD
33% Paid
67%
Vehicle Debt Breakdown
Downpayment: 7,518 CAD Remaining Term: 16,681 CAD
Term Paid so Far: 10,929 CAD Residual Value: 20,736 CAD
13%
20%
29%
38%
Cost to Own
Already Paid: 18,447 CAD (33%)
Cash Incentive: 0 CAD Buyout Price Today: 37,417 CAD
33% Paid
0%
67%
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: 37,417 CAD

  • 4.9%Interest Rate x 48 months
  • 860 CAD/month + tax
  • Total Payable: 41,280 CAD
  • Total Interest: 3,863 CAD
  • 8.9%Interest Rate x 48 months
  • 929 CAD/month + tax
  • Total Payable: 44,609 CAD
  • Total Interest: 7,192 CAD
  • 14.9%Interest Rate x 48 months
  • 1,039 CAD/month + tax
  • Total Payable: 49,894 CAD
  • Total Interest: 12,477 CAD

At the end of the Lease Contract

Residual Value: 20,736 CAD (in 29 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)
30.34
  • + tax
  • + fuel
  • + insurance
(or 0.30CAD per km)
  • 34.51CAD/100km (Original Contract back in Apr, 2019)
Time Analysis
Cost per day: (CAD)
18.91
  • + tax
  • + insurance
  • + km driven & fuel
(0.11CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
437.55
  • 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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