Payment Analysis
548.88CAD/monthin Toronto, ON
- 548.88 CAD/month
- 253.33 CAD/bi-weekly
- 126.66 CAD/week
- 6,586.56 CAD/year
Before Taxes:
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:
8,258 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
Leasing New (CAD/month) | 930 |
---|---|
This Contract (CAD/month) | 549 |
Monthly Difference | 382 CAD/month |
Remaining Term | x 19 months |
Total Monthly Difference | = 7,258 CAD |
+ Cash Incentive** (CAD) | + 1,000 |
Total Savings (CAD) | = 8,258 |
** "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:
30,353 CAD
- Total Vehicle Debt: 43,933 CAD
- Paid so Far: 12,579 CAD (28% Paid)
- Remaining Lease Payments: 10,429 CAD
- Residual Value: 20,924 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 12,579 CAD Total Vehicle Value: 43,933 CAD
Vehicle Debt Breakdown
Downpayment: 3,248 CAD Remaining Term: 10,429 CAD
Term Paid so Far: 9,331 CAD Residual Value: 20,924 CAD
Cost to Own
Already Paid: 12,579 CAD (28%)
Cash Incentive: 1,000 CAD Buyout Price Today: 30,353 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: 30,353 CAD
- 4.9%Interest Rate x 48 months
- 698 CAD/month + tax
- Total Payable: 33,487 CAD
- Total Interest: 3,133 CAD
- 8.9%Interest Rate x 48 months
- 754 CAD/month + tax
- Total Payable: 36,187 CAD
- Total Interest: 5,834 CAD
- 14.9%Interest Rate x 48 months
- 843 CAD/month + tax
- Total Payable: 40,474 CAD
- Total Interest: 10,121 CAD
At the end of the Lease Contract
Residual Value: 20,924 CAD (in 19 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)
Distance Analysis
Cost to drive 100km: (CAD)
30.46
- + tax
- + fuel
- + insurance
- 33.69CAD/100km (TODAY without the Cash Incentive)
- 54.89CAD/100km (Original Contract back in Sep, 2019)
Time Analysis
Cost per day: (CAD)
16.32
- + tax
- + insurance
- + km driven & fuel
- 18.05CAD/day (Original Contract back in Sep, 2019)
Remaining Km
Can be driven up to:
375.98
- km/week
- without any
- additional costs
- 230.77km/week (Contract Original back in Sep, 2019)
Seller Contact Info
This Contract was Already Transferred.
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