Payment Analysis

429.00CAD/monthin Mississauga, ON
    Before Taxes:
  • 429.00 CAD/month
  • 198.00 CAD/bi-weekly
  • 99.00 CAD/week
  • 5,148.00 CAD/year
Incl. Ontario Taxes (13%):
  • 484.77 CAD/month
  • 223.74 CAD/bi-weekly
  • 111.87 CAD/week
  • 5,817.24 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: 5,599 ~ 6,899 CAD

compared to leasing a BRAND NEW:

  • Subaru WRX & WRX STI Sport AWD
  • for 30 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 558
This Contract (CAD/month) 429
Monthly Difference 129 CAD/month
Remaining Term x 31 months
Total Monthly Difference = 3,999 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 5,599 ~ 6,899

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 30,008 CAD
  • Total Vehicle Debt: 37,301 CAD
  • Paid so Far: 7,293 CAD (19% Paid)
  • Remaining Lease Payments: 13,299 CAD
  • Residual Value: 16,709 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 7,293 CAD Total Vehicle Value: 37,301 CAD
19% Paid
81%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 13,299 CAD
Term Paid so Far: 7,293 CAD Residual Value: 16,709 CAD
0%
19%
35%
46%
Cost to Own
Already Paid: 7,293 CAD (19%)
Cash Incentive: 0 CAD Buyout Price Today: 30,008 CAD
19% Paid
0%
81%
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: 30,008 CAD

  • 4.9%Interest Rate x 48 months
  • 690 CAD/month + tax
  • Total Payable: 33,105 CAD
  • Total Interest: 3,098 CAD
  • 8.9%Interest Rate x 48 months
  • 745 CAD/month + tax
  • Total Payable: 35,775 CAD
  • Total Interest: 5,768 CAD
  • 14.9%Interest Rate x 48 months
  • 834 CAD/month + tax
  • Total Payable: 40,013 CAD
  • Total Interest: 10,006 CAD

At the end of the Lease Contract

Residual Value: 16,709 CAD (in 31 months)

  • 4.9%Interest Rate x 48 months
  • 384 CAD/month + tax
  • Total Payable: 18,433 CAD
  • Total Interest: 1,725 CAD
  • 8.9%Interest Rate x 48 months
  • 415 CAD/month + tax
  • Total Payable: 19,920 CAD
  • Total Interest: 3,211 CAD
  • 14.9%Interest Rate x 48 months
  • 464 CAD/month + tax
  • Total Payable: 22,280 CAD
  • Total Interest: 5,571 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)
24.40
  • + tax
  • + fuel
  • + insurance
(or 0.24CAD per km)
  • 25.74CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
14.10
  • + tax
  • + insurance
  • + km driven & fuel
(0.11CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
405.71
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in May, 2019)

Seller Contact Info

This Contract was Already Transferred.

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