Payment Analysis

479.09CAD/monthin Toronto, ON
    Before Taxes:
  • 479.09 CAD/month
  • 221.12 CAD/bi-weekly
  • 110.56 CAD/week
  • 5,749.08 CAD/year
Incl. Ontario Taxes (13%):
  • 541.37 CAD/month
  • 249.86 CAD/bi-weekly
  • 124.93 CAD/week
  • 6,496.46 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: 4,816 ~ 6,116 CAD

compared to leasing a BRAND NEW:

  • Subaru WRX Sport Manual AWD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 613
This Contract (CAD/month) 479
Monthly Difference 134 CAD/month
Remaining Term x 24 months
Total Monthly Difference = 3,216 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,816 ~ 6,116

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 26,821 CAD
  • Total Vehicle Debt: 38,319 CAD
  • Paid so Far: 11,498 CAD (30% Paid)
  • Remaining Lease Payments: 11,498 CAD
  • Residual Value: 15,323 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 11,498 CAD Total Vehicle Value: 38,319 CAD
30% Paid
70%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 11,498 CAD
Term Paid so Far: 11,498 CAD Residual Value: 15,323 CAD
0%
30%
30%
40%
Cost to Own
Already Paid: 11,498 CAD (30%)
Cash Incentive: 0 CAD Buyout Price Today: 26,821 CAD
30% Paid
0%
70%
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: 26,821 CAD

  • 4.9%Interest Rate x 48 months
  • 616 CAD/month + tax
  • Total Payable: 29,589 CAD
  • Total Interest: 2,769 CAD
  • 8.9%Interest Rate x 48 months
  • 666 CAD/month + tax
  • Total Payable: 31,976 CAD
  • Total Interest: 5,155 CAD
  • 14.9%Interest Rate x 48 months
  • 745 CAD/month + tax
  • Total Payable: 35,764 CAD
  • Total Interest: 8,943 CAD

At the end of the Lease Contract

Residual Value: 15,323 CAD (in 24 months)

  • 4.9%Interest Rate x 48 months
  • 352 CAD/month + tax
  • Total Payable: 16,904 CAD
  • Total Interest: 1,582 CAD
  • 8.9%Interest Rate x 48 months
  • 381 CAD/month + tax
  • Total Payable: 18,268 CAD
  • Total Interest: 2,945 CAD
  • 14.9%Interest Rate x 48 months
  • 426 CAD/month + tax
  • Total Payable: 20,432 CAD
  • Total Interest: 5,109 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)
24.46
  • + tax
  • + fuel
  • + insurance
(or 0.24CAD per km)
  • 28.75CAD/100km (Original Contract back in Mar, 2018)
Time Analysis
Cost per day: (CAD)
15.75
  • + tax
  • + insurance
  • + km driven & fuel
(0.14CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
451.92
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Mar, 2018)

Seller Contact Info

This Contract was Already Transferred.

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