Payment Analysis

299.76CAD/monthin Ottawa, ON
    Before Taxes:
  • 299.76 CAD/month
  • 138.35 CAD/bi-weekly
  • 69.18 CAD/week
  • 3,597.12 CAD/year
Incl. Ontario Taxes (13%):
  • 338.73 CAD/month
  • 156.34 CAD/bi-weekly
  • 78.17 CAD/week
  • 4,064.75 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: 708 CAD

compared to leasing a BRAND NEW:

  • Preferred Automatic 2WD
  • for 39 months
  • in Ontario
  • $0 down payment
  • 28,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 326
This Contract (CAD/month) 300
Monthly Difference 27 CAD/month
Remaining Term x 4 months
Total Monthly Difference = 108 CAD
+ Cash Incentive** (CAD) + 600
Total Savings (CAD) = 708
** "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: 9,278 CAD
  • Total Vehicle Debt: 26,665 CAD
  • Paid so Far: 16,787 CAD (62% Paid)
  • Remaining Lease Payments: 1,199 CAD
  • Residual Value: 8,679 CAD
  • Cash Incentive: 600 CAD
Vehicle Debt & Value
Paid so far: 16,787 CAD Total Vehicle Value: 26,665 CAD
62% Paid
38%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,199 CAD
Term Paid so Far: 16,787 CAD Residual Value: 8,679 CAD
0%
62%
4%
34%
Cost to Own
Already Paid: 16,787 CAD (62%)
Cash Incentive: 600 CAD Buyout Price Today: 9,278 CAD
62% Paid
2%
36%
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: 9,278 CAD

  • 4.9%Interest Rate x 48 months
  • 213 CAD/month + tax
  • Total Payable: 10,236 CAD
  • Total Interest: 958 CAD
  • 8.9%Interest Rate x 48 months
  • 230 CAD/month + tax
  • Total Payable: 11,061 CAD
  • Total Interest: 1,783 CAD
  • 14.9%Interest Rate x 48 months
  • 258 CAD/month + tax
  • Total Payable: 12,372 CAD
  • Total Interest: 3,094 CAD

At the end of the Lease Contract

Residual Value: 8,679 CAD (in 4 months)

  • 4.9%Interest Rate x 48 months
  • 199 CAD/month + tax
  • Total Payable: 9,575 CAD
  • Total Interest: 896 CAD
  • 8.9%Interest Rate x 48 months
  • 216 CAD/month + tax
  • Total Payable: 10,347 CAD
  • Total Interest: 1,668 CAD
  • 14.9%Interest Rate x 48 months
  • 241 CAD/month + tax
  • Total Payable: 11,573 CAD
  • Total Interest: 2,894 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)
0.64
  • + tax
  • + fuel
  • + insurance
(inlcuding the 600CAD incentive)
  • 1.28CAD/100km (TODAY without the Cash Incentive)
  • 17.99CAD/100km (Original Contract back in Dec, 2018)
Time Analysis
Cost per day: (CAD)
4.92
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 600CAD incentive)
  • 9.86CAD/day (Original Contract back in Dec, 2018)
Remaining Km
Can be driven up to:
5,412.12
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Dec, 2018)

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Ottawa

CAD/month x 33 months
2023 Tesla Standard Range Plus (ID: #50395)
702
Ottawa,ON
2023 Tesla

Standard Range Plus Automatique 2WD

Payment Details
  • Current Payment: 702 CAD/month + tax
  • Months to End: 33 months (Feb, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 20,000 km total
  • Available Now: 21,818 km/year (1,818 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details