Payment Analysis

365.38CAD/monthin Tillsonburg, ON
    Before Taxes:
  • 365.38 CAD/month
  • 168.64 CAD/bi-weekly
  • 84.32 CAD/week
  • 4,384.56 CAD/year
Incl. Ontario Taxes (13%):
  • 412.88 CAD/month
  • 190.56 CAD/bi-weekly
  • 95.28 CAD/week
  • 4,954.55 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: 2,310 ~ 3,210 CAD

compared to leasing a BRAND NEW:

  • Soul EV Premium 2WD
  • for 36 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 795
This Contract (CAD/month) 365
Monthly Difference 430 CAD/month
Remaining Term x 7 months
Total Monthly Difference = 3,010 CAD
- Required Payment** (CAD) - 1,500
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,310 ~ 3,210
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 14,766 CAD
  • Total Vehicle Debt: 32,631 CAD
  • Paid so Far: 19,365 CAD (59% Paid)
  • Remaining Lease Payments: 2,558 CAD
  • Residual Value: 10,708 CAD
  • Required Payment: 1,500 CAD
Vehicle Debt & Value
Paid so far: 19,365 CAD Total Vehicle Value: 32,631 CAD
59% Paid
41%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,558 CAD
Term Paid so Far: 19,365 CAD Residual Value: 10,708 CAD
0%
59%
7%
34%
Cost to Own
Already Paid: 19,365 CAD (59%)
Required Payment: 1,500 CAD (4%)Buyout Price Today: 14,766 CAD
55% Paid
4%
41%
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: 14,766 CAD

  • 4.9%Interest Rate x 48 months
  • 339 CAD/month + tax
  • Total Payable: 16,290 CAD
  • Total Interest: 1,524 CAD
  • 8.9%Interest Rate x 48 months
  • 367 CAD/month + tax
  • Total Payable: 17,604 CAD
  • Total Interest: 2,838 CAD
  • 14.9%Interest Rate x 48 months
  • 410 CAD/month + tax
  • Total Payable: 19,690 CAD
  • Total Interest: 4,924 CAD

At the end of the Lease Contract

Residual Value: 10,708 CAD (in 7 months)

  • 4.9%Interest Rate x 48 months
  • 246 CAD/month + tax
  • Total Payable: 11,814 CAD
  • Total Interest: 1,105 CAD
  • 8.9%Interest Rate x 48 months
  • 266 CAD/month + tax
  • Total Payable: 12,767 CAD
  • Total Interest: 2,058 CAD
  • 14.9%Interest Rate x 48 months
  • 297 CAD/month + tax
  • Total Payable: 14,279 CAD
  • Total Interest: 3,571 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)
4.86
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
  • 3.06CAD/100km (TODAY without the Cash Incentive)
  • 21.92CAD/100km (Original Contract back in Sep, 2018)
Time Analysis
Cost per day: (CAD)
19.06
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
  • 12.01CAD/day (Original Contract back in Sep, 2018)
Remaining Km
Can be driven up to:
2,754.23
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Sep, 2018)

Seller Contact Info

This Contract was Already Transferred.

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