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: 18,648 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 37 months
Total Monthly Difference = 18,648 CAD
Total Savings (CAD) = 18,648

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 23,925 CAD
  • Total Vehicle Debt: 36,475 CAD
  • Paid so Far: 12,550 CAD (34% Paid)
  • Remaining Lease Payments: 19,425 CAD
  • Residual Value: 4,500 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 12,550 CAD Total Vehicle Value: 36,475 CAD
34% Paid
66%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 19,425 CAD
Term Paid so Far: 11,550 CAD Residual Value: 4,500 CAD
2%
32%
53%
13%
Cost to Own
Already Paid: 12,550 CAD (34%)
Cash Incentive: 0 CAD Buyout Price Today: 23,925 CAD
34% Paid
0%
66%
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: 23,925 CAD

  • 4.9%Interest Rate x 48 months
  • 550 CAD/month + tax
  • Total Payable: 26,395 CAD
  • Total Interest: 2,470 CAD
  • 8.9%Interest Rate x 48 months
  • 594 CAD/month + tax
  • Total Payable: 28,523 CAD
  • Total Interest: 4,598 CAD
  • 14.9%Interest Rate x 48 months
  • 665 CAD/month + tax
  • Total Payable: 31,903 CAD
  • Total Interest: 7,978 CAD

At the end of the Lease Contract

Residual Value: 4,500 CAD (in 37 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)
35.75
  • + tax
  • + fuel
  • + insurance
(or 0.36CAD per km)
Time Analysis
Cost per day: (CAD)
17.26
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
338.88
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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  • 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: 929 CAD/month + tax
  • Original Downpayment: 15,000 CAD
  • Residual Value: 27,721 CAD
  • Months to End: 21 months (Jun, 2024)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 34,507 km total
  • Available Now: 13,615 km/year (1,135 per month)
  • 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