Payment Analysis

1,500.00CAD/monthin Montreal, QC
    Before Taxes:
  • 1,500.00 CAD/month
  • 692.31 CAD/bi-weekly
  • 346.15 CAD/week
  • 18,000.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 1,724.70 CAD/month
  • 796.02 CAD/bi-weekly
  • 398.01 CAD/week
  • 20,696.40 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: 15,200 ~ 15,600 CAD

compared to leasing a BRAND NEW:

  • Land Rover Range rover Velar Automatic AWD w/ R-Dynamic HSE
  • for 12 months
  • in QC
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,900
This Contract (CAD/month) 1,500
Monthly Difference 400 CAD/month
Remaining Term x 36 months
Total Monthly Difference = 14,400 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 15,200 ~ 15,600

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 98,600 CAD
  • Total Vehicle Debt: 107,600 CAD
  • Paid so Far: 9,000 CAD (8% Paid)
  • Remaining Lease Payments: 54,000 CAD
  • Residual Value: 44,600 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 9,000 CAD Total Vehicle Value: 107,600 CAD
8% Paid
92%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 54,000 CAD
Term Paid so Far: 9,000 CAD Residual Value: 44,600 CAD
0%
8%
50%
42%
Cost to Own
Already Paid: 9,000 CAD (8%)
Cash Incentive: 0 CAD Buyout Price Today: 98,600 CAD
8% Paid
0%
92%
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: 98,600 CAD

  • 4.9%Interest Rate x 48 months
  • 2,266 CAD/month + tax
  • Total Payable: 108,779 CAD
  • Total Interest: 10,179 CAD
  • 8.9%Interest Rate x 48 months
  • 2,449 CAD/month + tax
  • Total Payable: 117,551 CAD
  • Total Interest: 18,951 CAD
  • 14.9%Interest Rate x 48 months
  • 2,739 CAD/month + tax
  • Total Payable: 131,478 CAD
  • Total Interest: 32,878 CAD

At the end of the Lease Contract

Residual Value: 44,600 CAD (in 36 months)

  • 4.9%Interest Rate x 48 months
  • 1,025 CAD/month + tax
  • Total Payable: 49,204 CAD
  • Total Interest: 4,604 CAD
  • 8.9%Interest Rate x 48 months
  • 1,108 CAD/month + tax
  • Total Payable: 53,172 CAD
  • Total Interest: 8,572 CAD
  • 14.9%Interest Rate x 48 months
  • 1,239 CAD/month + tax
  • Total Payable: 59,472 CAD
  • Total Interest: 14,872 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)
110.20
  • + tax
  • + fuel
  • + insurance
(or 1.10CAD per km)
Time Analysis
Cost per day: (CAD)
49.32
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
314.10
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Seller Contact Info

This Contract was Already Transferred.

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