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: 13,988 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 34 months
Total Monthly Difference = 12,988 CAD
+ Cash Incentive** (CAD) + 1,000
Total Savings (CAD) = 13,988
** "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: 38,586 CAD
  • Total Vehicle Debt: 43,933 CAD
  • Paid so Far: 4,346 CAD (9% Paid)
  • Remaining Lease Payments: 18,662 CAD
  • Residual Value: 20,924 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 4,346 CAD Total Vehicle Value: 43,933 CAD
9% Paid
91%
Vehicle Debt Breakdown
Downpayment: 3,248 CAD Remaining Term: 18,662 CAD
Term Paid so Far: 1,098 CAD Residual Value: 20,924 CAD
6%
3%
42%
49%
Cost to Own
Already Paid: 4,346 CAD (9%)
Cash Incentive: 1,000 CAD Buyout Price Today: 38,586 CAD
9% Paid
2%
89%
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: 38,586 CAD

  • 4.9%Interest Rate x 48 months
  • 887 CAD/month + tax
  • Total Payable: 42,570 CAD
  • Total Interest: 3,983 CAD
  • 8.9%Interest Rate x 48 months
  • 958 CAD/month + tax
  • Total Payable: 46,003 CAD
  • Total Interest: 7,416 CAD
  • 14.9%Interest Rate x 48 months
  • 1,072 CAD/month + tax
  • Total Payable: 51,453 CAD
  • Total Interest: 12,866 CAD

At the end of the Lease Contract

Residual Value: 20,924 CAD (in 34 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)
57.05
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
Time Analysis
Cost per day: (CAD)
17.08
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
Remaining Km
Can be driven up to:
210.11
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

Seller Contact Info

This Contract was Already Transferred.

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