Mini Lease Takeover in Toronto, ON: 2019 Mini Cooper S 5 Door Automatique 2WD ID:#15899 • LeaseCosts Canada

Payment Analysis

548.88CAD/monthin Toronto, ON

Before Taxes:

548.88 CAD/month
253.33 CAD/bi-weekly
126.66 CAD/week
6,586.56 CAD/year

Incl. Ontario Taxes (13%):

620.23 CAD/month
286.26 CAD/bi-weekly
143.13 CAD/week
7,442.81 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: 15,516 CAD

compared to leasing a BRAND NEW:

MINI COOPER S 5 DOOR PREMIER+ LINE w/ Head Up Display - $750 + Harman Kardon Sound System - $750 + Starlight Blue Metallic - $590 + 17" Rail Spoke Two-Tone - $750 + Style Package - $650
for 24 months
in Ontario
$0 down payment
16,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	930
This Contract (CAD/month)	549
Monthly Difference	382 CAD/month
Remaining Term	x 38 months
Total Monthly Difference	= 14,516 CAD
+ Cash Incentive** (CAD)	+ 1,000
Total Savings (CAD)	= 15,516
	** "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: 40,782 CAD

Total Vehicle Debt: 43,933 CAD
Paid so Far: 2,151 CAD (4% Paid)
Remaining Lease Payments: 20,857 CAD
Residual Value: 20,924 CAD
Cash Incentive: 1,000 CAD

Vehicle Debt & Value

Paid so far: 2,151 CAD Total Vehicle Value: 43,933 CAD

4% Paid

96%

Vehicle Debt Breakdown

Downpayment: 3,248 CAD Remaining Term: 20,857 CAD

Term Paid so Far: -1,098 CAD Residual Value: 20,924 CAD

-2%

47%

49%

Cost to Own

Already Paid: 2,151 CAD (4%)

Cash Incentive: 1,000 CAD Buyout Price Today: 40,782 CAD

4% Paid

94%

Additional Financing Details

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: 40,782 CAD

4.9%Interest Rate x 48 months
937 CAD/month + tax
Total Payable: 44,992 CAD
Total Interest: 4,210 CAD

8.9%Interest Rate x 48 months
1,013 CAD/month + tax
Total Payable: 48,620 CAD
Total Interest: 7,838 CAD

14.9%Interest Rate x 48 months
1,133 CAD/month + tax
Total Payable: 54,380 CAD
Total Interest: 13,598 CAD

At the end of the Lease Contract

Residual Value: 20,924 CAD (in 38 months)

4.9%Interest Rate x 48 months
481 CAD/month + tax
Total Payable: 23,084 CAD
Total Interest: 2,160 CAD

8.9%Interest Rate x 48 months
520 CAD/month + tax
Total Payable: 24,946 CAD
Total Interest: 4,022 CAD

14.9%Interest Rate x 48 months
581 CAD/month + tax
Total Payable: 27,902 CAD
Total Interest: 6,977 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)