Payment Analysis

756.00CAD/monthin Montreal, QC
    Before Taxes:
  • 756.00 CAD/month
  • 348.92 CAD/bi-weekly
  • 174.46 CAD/week
  • 9,072.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 869.25 CAD/month
  • 401.19 CAD/bi-weekly
  • 200.60 CAD/week
  • 10,430.99 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: 3,584 CAD

compared to leasing a BRAND NEW:

  • Tesla Model3 Standard Range Plus (Financed with Tesla)
  • for 60 months
  • in Québec
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 980
This Contract (CAD/month) 756
Monthly Difference 224 CAD/month
Remaining Term x 16 months
Total Monthly Difference = 3,584 CAD
Total Savings (CAD) = 3,584

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 12,097 CAD
  • Total Vehicle Debt: 62,633 CAD
  • Paid so Far: 50,536 CAD (80% Paid)
  • Remaining Lease Payments: 12,096 CAD
  • Residual Value: 1 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 50,536 CAD Total Vehicle Value: 62,633 CAD
80% Paid
20%
Vehicle Debt Breakdown
Downpayment: 8,200 CAD Remaining Term: 12,096 CAD
Term Paid so Far: 42,336 CAD Residual Value: 1 CAD
12%
68%
19%
1%
Cost to Own
Already Paid: 50,536 CAD (80%)
Cash Incentive: 0 CAD Buyout Price Today: 12,097 CAD
80% Paid
0%
20%
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: 12,097 CAD

  • 4.9%Interest Rate x 48 months
  • 278 CAD/month + tax
  • Total Payable: 13,346 CAD
  • Total Interest: 1,249 CAD
  • 8.9%Interest Rate x 48 months
  • 300 CAD/month + tax
  • Total Payable: 14,422 CAD
  • Total Interest: 2,325 CAD
  • 14.9%Interest Rate x 48 months
  • 336 CAD/month + tax
  • Total Payable: 16,131 CAD
  • Total Interest: 4,034 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 16 months)

  • 4.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 8.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 14.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 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)
10.16
  • + tax
  • + fuel
  • + insurance
(or 0.10CAD per km)
  • 30.24CAD/100km (Original Contract back in Sep, 2019)
Time Analysis
Cost per day: (CAD)
24.85
  • + tax
  • + insurance
  • + km driven & fuel
(0.21CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,716.35
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 576.92km/week (Contract Original back in Sep, 2019)

Seller Contact Info

This Contract was Already Transferred.

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