Payment Analysis

207.20CAD/monthin Halifax
    Before Taxes:
  • 207.20 CAD/month
  • 95.63 CAD/bi-weekly
  • 47.82 CAD/week
  • 2,486.40 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 238.28 CAD/month
  • 109.98 CAD/bi-weekly
  • 54.99 CAD/week
  • 2,859.36 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: 4,976 ~ 5,376 CAD

compared to leasing a BRAND NEW:

  • WRX Manual Transmission
  • for 24 months
  • in Nova Scotia
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 468
This Contract (CAD/month) 207
Monthly Difference 261 CAD/month
Remaining Term x 16 months
Total Monthly Difference = 4,176 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 4,976 ~ 5,376

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 18,728 CAD
  • Total Vehicle Debt: 22,665 CAD
  • Paid so Far: 3,937 CAD (17% Paid)
  • Remaining Lease Payments: 3,315 CAD
  • Residual Value: 15,413 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 3,937 CAD Total Vehicle Value: 22,665 CAD
17% Paid
83%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,315 CAD
Term Paid so Far: 3,937 CAD Residual Value: 15,413 CAD
0%
17%
14%
69%
Cost to Own
Already Paid: 3,937 CAD (17%)
Cash Incentive: 0 CAD Buyout Price Today: 18,728 CAD
17% Paid
0%
83%
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: 18,728 CAD

  • 4.9%Interest Rate x 48 months
  • 430 CAD/month + tax
  • Total Payable: 20,661 CAD
  • Total Interest: 1,933 CAD
  • 8.9%Interest Rate x 48 months
  • 465 CAD/month + tax
  • Total Payable: 22,327 CAD
  • Total Interest: 3,600 CAD
  • 14.9%Interest Rate x 48 months
  • 520 CAD/month + tax
  • Total Payable: 24,972 CAD
  • Total Interest: 6,245 CAD

At the end of the Lease Contract

Residual Value: 15,413 CAD (in 16 months)

  • 4.9%Interest Rate x 48 months
  • 354 CAD/month + tax
  • Total Payable: 17,004 CAD
  • Total Interest: 1,591 CAD
  • 8.9%Interest Rate x 48 months
  • 383 CAD/month + tax
  • Total Payable: 18,375 CAD
  • Total Interest: 2,962 CAD
  • 14.9%Interest Rate x 48 months
  • 428 CAD/month + tax
  • Total Payable: 20,552 CAD
  • Total Interest: 5,139 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)
9.12
  • + tax
  • + fuel
  • + insurance
(or 0.09CAD per km)
  • 12.43CAD/100km (Original Contract back in Dec, 2019)
Time Analysis
Cost per day: (CAD)
6.81
  • + tax
  • + insurance
  • + km driven & fuel
(0.21CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
524.04
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Dec, 2019)

Seller Contact Info

This Contract was Already Transferred.

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