Payment Analysis

400.00CAD/monthin Dartmouth, NS
    Before Taxes:
  • 400.00 CAD/month
  • 184.62 CAD/bi-weekly
  • 92.31 CAD/week
  • 4,800.00 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 460.00 CAD/month
  • 212.31 CAD/bi-weekly
  • 106.15 CAD/week
  • 5,520.00 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: 4,364 CAD

compared to leasing a BRAND NEW:

  • Subaru Forester Touring Automatic AWD w/ Remote start
  • for 16 months
  • in NS
  • $0 down payment
  • 48,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 568
This Contract (CAD/month) 400
Monthly Difference 168 CAD/month
Remaining Term x 23 months
Total Monthly Difference = 3,864 CAD
+ Cash Incentive** (CAD) + 500
Total Savings (CAD) = 4,364
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 25,700 CAD
  • Total Vehicle Debt: 37,000 CAD
  • Paid so Far: 10,800 CAD (29% Paid)
  • Remaining Lease Payments: 9,200 CAD
  • Residual Value: 17,000 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 10,800 CAD Total Vehicle Value: 37,000 CAD
29% Paid
71%
Vehicle Debt Breakdown
Downpayment: 6,000 CAD Remaining Term: 9,200 CAD
Term Paid so Far: 4,800 CAD Residual Value: 17,000 CAD
16%
13%
24%
47%
Cost to Own
Already Paid: 10,800 CAD (29%)
Cash Incentive: 500 CAD Buyout Price Today: 25,700 CAD
29% Paid
1%
70%
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: 25,700 CAD

  • 4.9%Interest Rate x 48 months
  • 591 CAD/month + tax
  • Total Payable: 28,353 CAD
  • Total Interest: 2,653 CAD
  • 8.9%Interest Rate x 48 months
  • 638 CAD/month + tax
  • Total Payable: 30,640 CAD
  • Total Interest: 4,940 CAD
  • 14.9%Interest Rate x 48 months
  • 714 CAD/month + tax
  • Total Payable: 34,270 CAD
  • Total Interest: 8,570 CAD

At the end of the Lease Contract

Residual Value: 17,000 CAD (in 23 months)

  • 4.9%Interest Rate x 48 months
  • 391 CAD/month + tax
  • Total Payable: 18,755 CAD
  • Total Interest: 1,755 CAD
  • 8.9%Interest Rate x 48 months
  • 422 CAD/month + tax
  • Total Payable: 20,267 CAD
  • Total Interest: 3,267 CAD
  • 14.9%Interest Rate x 48 months
  • 472 CAD/month + tax
  • Total Payable: 22,669 CAD
  • Total Interest: 5,669 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)
15.54
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 16.43CAD/100km (TODAY without the Cash Incentive)
  • 20.00CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
12.44
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 13.15CAD/day (Original Contract back in May, 2019)
Remaining Km
Can be driven up to:
561.87
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 461.54km/week (Contract Original back in May, 2019)

Seller Contact Info

This Contract was Already Transferred.

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