Payment Analysis

525.00CAD/monthin Brantford, ON
    Before Taxes:
  • 525.00 CAD/month
  • 242.31 CAD/bi-weekly
  • 121.15 CAD/week
  • 6,300.00 CAD/year
Incl. Ontario Taxes (13%):
  • 593.25 CAD/month
  • 273.81 CAD/bi-weekly
  • 136.90 CAD/week
  • 7,119.00 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: 7,056 CAD

compared to leasing a BRAND NEW:

  • DODGE GRAND CARAVAN SXT
  • for 27 months
  • in Ontario
  • $0 down payment
  • 24000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,029
This Contract (CAD/month) 525
Monthly Difference 504 CAD/month
Remaining Term x 14 months
Total Monthly Difference = 7,056 CAD
Total Savings (CAD) = 7,056

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 11,850 CAD
  • Total Vehicle Debt: 36,475 CAD
  • Paid so Far: 24,625 CAD (67% Paid)
  • Remaining Lease Payments: 7,350 CAD
  • Residual Value: 4,500 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 24,625 CAD Total Vehicle Value: 36,475 CAD
67% Paid
33%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 7,350 CAD
Term Paid so Far: 23,625 CAD Residual Value: 4,500 CAD
2%
65%
20%
13%
Cost to Own
Already Paid: 24,625 CAD (67%)
Cash Incentive: 0 CAD Buyout Price Today: 11,850 CAD
67% Paid
0%
33%
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: 11,850 CAD

  • 4.9%Interest Rate x 48 months
  • 272 CAD/month + tax
  • Total Payable: 13,073 CAD
  • Total Interest: 1,223 CAD
  • 8.9%Interest Rate x 48 months
  • 294 CAD/month + tax
  • Total Payable: 14,128 CAD
  • Total Interest: 2,278 CAD
  • 14.9%Interest Rate x 48 months
  • 329 CAD/month + tax
  • Total Payable: 15,801 CAD
  • Total Interest: 3,951 CAD

At the end of the Lease Contract

Residual Value: 4,500 CAD (in 14 months)

  • 4.9%Interest Rate x 48 months
  • 103 CAD/month + tax
  • Total Payable: 4,965 CAD
  • Total Interest: 465 CAD
  • 8.9%Interest Rate x 48 months
  • 112 CAD/month + tax
  • Total Payable: 5,365 CAD
  • Total Interest: 865 CAD
  • 14.9%Interest Rate x 48 months
  • 125 CAD/month + tax
  • Total Payable: 6,000 CAD
  • Total Interest: 1,500 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)
13.53
  • + tax
  • + fuel
  • + insurance
(or 0.14CAD per km)
  • 19.69CAD/100km (Original Contract back in Feb, 2018)
Time Analysis
Cost per day: (CAD)
17.26
  • + tax
  • + insurance
  • + km driven & fuel
(0.23CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
895.60
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 615.38km/week (Contract Original back in Feb, 2018)

Seller Contact Info

This Contract was Already Transferred.

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EX Automatique 2WD Winter tires,wheel lock nuts,for all season carpets.

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 310 CAD/month + tax
  • Required Payment: 13,000 CAD
  • Payment Including Incentive: 13,310 CAD/month + tax
  • Original Downpayment: 15,000 CAD
  • Residual Value: 27,721 CAD
  • Months to End: 1 months (Jun, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 34,507 km total
  • Available Now: 285,916 km/year (23,826 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.12 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • Large Down Payment
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
  • Contract Ending Soon
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details