Payment Analysis

260.60CAD/monthin Montreal, QC
    Before Taxes:
  • 260.60 CAD/month
  • 120.28 CAD/bi-weekly
  • 60.14 CAD/week
  • 3,127.20 CAD/year
Incl. Québec Taxes (14.98%):
  • 299.64 CAD/month
  • 138.29 CAD/bi-weekly
  • 69.15 CAD/week
  • 3,595.65 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: 6,492 ~ 6,892 CAD

compared to leasing a BRAND NEW:

  • SPARK FWD 1LT CVT
  • for 24 months
  • in Québec
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 375
This Contract (CAD/month) 261
Monthly Difference 115 CAD/month
Remaining Term x 45 months
Total Monthly Difference = 5,175 CAD
+ Cash Incentive** (CAD) + 517
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 6,492 ~ 6,892
** "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: 17,192 CAD
  • Total Vehicle Debt: 18,491 CAD
  • Paid so Far: 782 CAD (4% Paid)
  • Remaining Lease Payments: 11,727 CAD
  • Residual Value: 5,982 CAD
  • Cash Incentive: 517 CAD
Vehicle Debt & Value
Paid so far: 782 CAD Total Vehicle Value: 18,491 CAD
4% Paid
96%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 11,727 CAD
Term Paid so Far: 782 CAD Residual Value: 5,982 CAD
0%
4%
63%
33%
Cost to Own
Already Paid: 782 CAD (4%)
Cash Incentive: 517 CAD Buyout Price Today: 17,192 CAD
4% Paid
2%
94%
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: 17,192 CAD

  • 4.9%Interest Rate x 48 months
  • 395 CAD/month + tax
  • Total Payable: 18,967 CAD
  • Total Interest: 1,775 CAD
  • 8.9%Interest Rate x 48 months
  • 427 CAD/month + tax
  • Total Payable: 20,496 CAD
  • Total Interest: 3,304 CAD
  • 14.9%Interest Rate x 48 months
  • 478 CAD/month + tax
  • Total Payable: 22,925 CAD
  • Total Interest: 5,733 CAD

At the end of the Lease Contract

Residual Value: 5,982 CAD (in 45 months)

  • 4.9%Interest Rate x 48 months
  • 137 CAD/month + tax
  • Total Payable: 6,600 CAD
  • Total Interest: 618 CAD
  • 8.9%Interest Rate x 48 months
  • 149 CAD/month + tax
  • Total Payable: 7,132 CAD
  • Total Interest: 1,150 CAD
  • 14.9%Interest Rate x 48 months
  • 166 CAD/month + tax
  • Total Payable: 7,977 CAD
  • Total Interest: 1,995 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)
18.02
  • + tax
  • + fuel
  • + insurance
(inlcuding the 517CAD incentive)
Time Analysis
Cost per day: (CAD)
8.19
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 517CAD incentive)
Remaining Km
Can be driven up to:
318.97
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Seller Contact Info

This Contract was Already Transferred.

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