Payment Analysis

665.10CAD/monthin Winnipeg, MB
    Before Taxes:
  • 665.10 CAD/month
  • 306.97 CAD/bi-weekly
  • 153.48 CAD/week
  • 7,981.20 CAD/year
Incl. Manitoba Taxes (13%):
  • 751.56 CAD/month
  • 346.88 CAD/bi-weekly
  • 173.44 CAD/week
  • 9,018.76 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: 6,156 ~ 7,456 CAD

compared to leasing a BRAND NEW:

  • Subaru Ascent Limited Automatic Transmission
  • for 24 months
  • in Manitoba
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 933
This Contract (CAD/month) 665
Monthly Difference 268 CAD/month
Remaining Term x 17 months
Total Monthly Difference = 4,556 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,156 ~ 7,456

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 32,361 CAD
  • Total Vehicle Debt: 52,979 CAD
  • Paid so Far: 20,618 CAD (38% Paid)
  • Remaining Lease Payments: 11,307 CAD
  • Residual Value: 21,054 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 20,618 CAD Total Vehicle Value: 52,979 CAD
38% Paid
62%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 11,307 CAD
Term Paid so Far: 20,618 CAD Residual Value: 21,054 CAD
0%
38%
21%
41%
Cost to Own
Already Paid: 20,618 CAD (38%)
Cash Incentive: 0 CAD Buyout Price Today: 32,361 CAD
38% Paid
0%
62%
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: 32,361 CAD

  • 4.9%Interest Rate x 48 months
  • 744 CAD/month + tax
  • Total Payable: 35,701 CAD
  • Total Interest: 3,341 CAD
  • 8.9%Interest Rate x 48 months
  • 804 CAD/month + tax
  • Total Payable: 38,581 CAD
  • Total Interest: 6,220 CAD
  • 14.9%Interest Rate x 48 months
  • 899 CAD/month + tax
  • Total Payable: 43,151 CAD
  • Total Interest: 10,790 CAD

At the end of the Lease Contract

Residual Value: 21,054 CAD (in 17 months)

  • 4.9%Interest Rate x 48 months
  • 484 CAD/month + tax
  • Total Payable: 23,227 CAD
  • Total Interest: 2,173 CAD
  • 8.9%Interest Rate x 48 months
  • 523 CAD/month + tax
  • Total Payable: 25,101 CAD
  • Total Interest: 4,047 CAD
  • 14.9%Interest Rate x 48 months
  • 585 CAD/month + tax
  • Total Payable: 28,074 CAD
  • Total Interest: 7,020 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)
18.38
  • + tax
  • + fuel
  • + insurance
(or 0.18CAD per km)
  • 39.91CAD/100km (Original Contract back in Nov, 2018)
Time Analysis
Cost per day: (CAD)
21.87
  • + tax
  • + insurance
  • + km driven & fuel
(0.19CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
834.84
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 384.62km/week (Contract Original back in Nov, 2018)

Seller Contact Info

This Contract was Already Transferred.

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