Payment Analysis

589.00CAD/monthin Moncton, NB
    Before Taxes:
  • 589.00 CAD/month
  • 271.85 CAD/bi-weekly
  • 135.92 CAD/week
  • 7,068.00 CAD/year
Incl. New Brunswick Taxes (15%):
  • 677.35 CAD/month
  • 312.62 CAD/bi-weekly
  • 156.31 CAD/week
  • 8,128.20 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: 4,252 ~ 5,552 CAD

compared to leasing a BRAND NEW:

  • Subaru Forester Automatic Transmission CVT
  • for 39 months
  • in NB
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 531
This Contract (CAD/month) 589
Monthly Difference -58 CAD/month
Remaining Term x 6 months
Total Monthly Difference = -348 CAD
+ Cash Incentive** (CAD) + 3,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,252 ~ 5,552
** "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: 16,592 CAD
  • Total Vehicle Debt: 43,741 CAD
  • Paid so Far: 24,149 CAD (55% Paid)
  • Remaining Lease Payments: 3,534 CAD
  • Residual Value: 16,058 CAD
  • Cash Incentive: 3,000 CAD
Vehicle Debt & Value
Paid so far: 24,149 CAD Total Vehicle Value: 43,741 CAD
55% Paid
45%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,534 CAD
Term Paid so Far: 24,149 CAD Residual Value: 16,058 CAD
0%
55%
8%
37%
Cost to Own
Already Paid: 24,149 CAD (55%)
Cash Incentive: 3,000 CAD Buyout Price Today: 16,592 CAD
55% Paid
6%
39%
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: 16,592 CAD

  • 4.9%Interest Rate x 48 months
  • 381 CAD/month + tax
  • Total Payable: 18,305 CAD
  • Total Interest: 1,713 CAD
  • 8.9%Interest Rate x 48 months
  • 412 CAD/month + tax
  • Total Payable: 19,781 CAD
  • Total Interest: 3,189 CAD
  • 14.9%Interest Rate x 48 months
  • 461 CAD/month + tax
  • Total Payable: 22,124 CAD
  • Total Interest: 5,532 CAD

At the end of the Lease Contract

Residual Value: 16,058 CAD (in 6 months)

  • 4.9%Interest Rate x 48 months
  • 369 CAD/month + tax
  • Total Payable: 17,715 CAD
  • Total Interest: 1,658 CAD
  • 8.9%Interest Rate x 48 months
  • 399 CAD/month + tax
  • Total Payable: 19,144 CAD
  • Total Interest: 3,086 CAD
  • 14.9%Interest Rate x 48 months
  • 446 CAD/month + tax
  • Total Payable: 21,412 CAD
  • Total Interest: 5,354 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)
0.60
  • + tax
  • + fuel
  • + insurance
(inlcuding the 3,000CAD incentive)
  • 3.99CAD/100km (TODAY without the Cash Incentive)
  • 29.45CAD/100km (Original Contract back in Oct, 2020)
Time Analysis
Cost per day: (CAD)
2.93
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 3,000CAD incentive)
  • 19.36CAD/day (Original Contract back in Oct, 2020)
Remaining Km
Can be driven up to:
3,403.85
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 461.54km/week (Contract Original back in Oct, 2020)

Seller Contact Info

This Contract was Already Transferred.

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