Payment Analysis

596.65CAD/monthin Montreal, QC
    Before Taxes:
  • 596.65 CAD/month
  • 275.38 CAD/bi-weekly
  • 137.69 CAD/week
  • 7,159.80 CAD/year
Incl. Québec Taxes (14.98%):
  • 686.03 CAD/month
  • 316.63 CAD/bi-weekly
  • 158.31 CAD/week
  • 8,232.34 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: 19,478 ~ 19,878 CAD

compared to leasing a BRAND NEW:

  • Mitsubishi OUTLANDER PHEV GT S-AWC
  • for 12 months
  • in Québec
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,445
This Contract (CAD/month) 597
Monthly Difference 849 CAD/month
Remaining Term x 22 months
Total Monthly Difference = 18,678 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 19,478 ~ 19,878

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 32,886 CAD
  • Total Vehicle Debt: 48,398 CAD
  • Paid so Far: 15,513 CAD (32% Paid)
  • Remaining Lease Payments: 13,126 CAD
  • Residual Value: 19,759 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 15,513 CAD Total Vehicle Value: 48,398 CAD
32% Paid
68%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 13,126 CAD
Term Paid so Far: 15,513 CAD Residual Value: 19,759 CAD
0%
32%
27%
41%
Cost to Own
Already Paid: 15,513 CAD (32%)
Cash Incentive: 0 CAD Buyout Price Today: 32,886 CAD
32% Paid
0%
68%
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: 32,886 CAD

  • 4.9%Interest Rate x 48 months
  • 756 CAD/month + tax
  • Total Payable: 36,280 CAD
  • Total Interest: 3,395 CAD
  • 8.9%Interest Rate x 48 months
  • 817 CAD/month + tax
  • Total Payable: 39,206 CAD
  • Total Interest: 6,321 CAD
  • 14.9%Interest Rate x 48 months
  • 914 CAD/month + tax
  • Total Payable: 43,851 CAD
  • Total Interest: 10,965 CAD

At the end of the Lease Contract

Residual Value: 19,759 CAD (in 22 months)

  • 4.9%Interest Rate x 48 months
  • 454 CAD/month + tax
  • Total Payable: 21,799 CAD
  • Total Interest: 2,040 CAD
  • 8.9%Interest Rate x 48 months
  • 491 CAD/month + tax
  • Total Payable: 23,557 CAD
  • Total Interest: 3,798 CAD
  • 14.9%Interest Rate x 48 months
  • 549 CAD/month + tax
  • Total Payable: 26,348 CAD
  • Total Interest: 6,589 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)
35.00
  • + tax
  • + fuel
  • + insurance
(or 0.35CAD per km)
  • 35.80CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
19.62
  • + tax
  • + insurance
  • + km driven & fuel
(0.15CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
393.36
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Jun, 2018)

Seller Contact Info

This Contract was Already Transferred.

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