Payment Analysis
706.00CAD/monthin Montreal, QC
- 706.00 CAD/month
- 325.85 CAD/bi-weekly
- 162.92 CAD/week
- 8,472.00 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 811.76 CAD/month
- 374.66 CAD/bi-weekly
- 187.33 CAD/week
- 9,741.11 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:
13,105 CAD
compared to leasing a BRAND NEW:
- Tesla Model 3 Standard Plus Rear-Wheel Drive (financed) with the $5,000 incentive applied + the $8,000 Quebec EV Rebate applied.
- for 48 months
- in Québec
- $2,500 required down payment
- 40,000 km/year
Leasing New (CAD/month) | 741 |
---|---|
This Contract (CAD/month) | 706 |
Monthly Difference | 35 CAD/month |
Remaining Term | x 3 months |
Total Monthly Difference | = 105 CAD |
+ Cash Incentive** (CAD) | + 13,000 |
Total Savings (CAD) | = 13,105 |
** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
9,094 CAD
- Total Vehicle Debt: 54,664 CAD
- Paid so Far: 32,570 CAD (59% Paid)
- Remaining Lease Payments: 2,118 CAD
- Residual Value: 19,976 CAD
- Cash Incentive: 13,000 CAD
Vehicle Debt & Value
Paid so far: 32,570 CAD Total Vehicle Value: 54,664 CAD
Vehicle Debt Breakdown
Downpayment: 800 CAD Remaining Term: 2,118 CAD
Term Paid so Far: 31,770 CAD Residual Value: 19,976 CAD
Cost to Own
Already Paid: 32,570 CAD (59%)
Cash Incentive: 13,000 CAD Buyout Price Today: 9,094 CAD
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: 9,094 CAD
- 4.9%Interest Rate x 48 months
- 209 CAD/month + tax
- Total Payable: 10,033 CAD
- Total Interest: 939 CAD
- 8.9%Interest Rate x 48 months
- 226 CAD/month + tax
- Total Payable: 10,842 CAD
- Total Interest: 1,748 CAD
- 14.9%Interest Rate x 48 months
- 253 CAD/month + tax
- Total Payable: 12,127 CAD
- Total Interest: 3,032 CAD
At the end of the Lease Contract
Residual Value: 19,976 CAD (in 3 months)
- 4.9%Interest Rate x 48 months
- 459 CAD/month + tax
- Total Payable: 22,039 CAD
- Total Interest: 2,062 CAD
- 8.9%Interest Rate x 48 months
- 496 CAD/month + tax
- Total Payable: 23,816 CAD
- Total Interest: 3,840 CAD
- 14.9%Interest Rate x 48 months
- 555 CAD/month + tax
- Total Payable: 26,637 CAD
- Total Interest: 6,661 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)
-10.88
- + tax
- + fuel
- + insurance
- 2.12CAD/100km (TODAY without the Cash Incentive)
- 33.89CAD/100km (Original Contract back in Sep, 2021)
Time Analysis
Cost per day: (CAD)
-119.25
- + tax
- + insurance
- + km driven & fuel
- 23.21CAD/day (Original Contract back in Sep, 2021)
Remaining Km
Can be driven up to:
7,692.31
- km/week
- without any
- additional costs
- 480.77km/week (Contract Original back in Sep, 2021)
Seller Contact Info
This Contract was Already Transferred.
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