Payment Analysis
393.60CAD/monthin Montreal, QC
- 393.60 CAD/month
- 181.66 CAD/bi-weekly
- 90.83 CAD/week
- 4,723.20 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 452.56 CAD/month
- 208.87 CAD/bi-weekly
- 104.44 CAD/week
- 5,430.74 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:
6,064 ~ 7,364 CAD
compared to leasing a BRAND NEW:
- MINI COOPER 5 DOOR CLASSIC
- for 24 months
- in QC
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 641 |
|---|---|
| This Contract (CAD/month) | 394 |
| Monthly Difference | 248 CAD/month |
| Remaining Term | x 18 months |
| Total Monthly Difference | = 4,464 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 6,064 ~ 7,364 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
21,406 CAD
- Total Vehicle Debt: 33,607 CAD
- Paid so Far: 12,202 CAD (36% Paid)
- Remaining Lease Payments: 7,085 CAD
- Residual Value: 14,321 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 12,202 CAD Total Vehicle Value: 33,607 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 7,085 CAD
Term Paid so Far: 12,202 CAD Residual Value: 14,321 CAD
Cost to Own
Already Paid: 12,202 CAD (36%)
Cash Incentive: 0 CAD Buyout Price Today: 21,406 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: 21,406 CAD
- 4.9%Interest Rate x 48 months
- 492 CAD/month + tax
- Total Payable: 23,615 CAD
- Total Interest: 2,210 CAD
- 8.9%Interest Rate x 48 months
- 532 CAD/month + tax
- Total Payable: 25,520 CAD
- Total Interest: 4,114 CAD
- 14.9%Interest Rate x 48 months
- 595 CAD/month + tax
- Total Payable: 28,543 CAD
- Total Interest: 7,138 CAD
At the end of the Lease Contract
Residual Value: 14,321 CAD (in 18 months)
- 4.9%Interest Rate x 48 months
- 329 CAD/month + tax
- Total Payable: 15,799 CAD
- Total Interest: 1,478 CAD
- 8.9%Interest Rate x 48 months
- 356 CAD/month + tax
- Total Payable: 17,073 CAD
- Total Interest: 2,753 CAD
- 14.9%Interest Rate x 48 months
- 398 CAD/month + tax
- Total Payable: 19,096 CAD
- Total Interest: 4,775 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)
10.98
- + tax
- + fuel
- + insurance
- 26.24CAD/100km (Original Contract back in Sep, 2018)
Time Analysis
Cost per day: (CAD)
12.94
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
826.92
- km/week
- without any
- additional costs
- 346.15km/week (Contract Original back in Sep, 2018)
