Payment Analysis
474.35CAD/monthin Montreal, QC
- 474.35 CAD/month
- 218.93 CAD/bi-weekly
- 109.47 CAD/week
- 5,692.20 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 545.41 CAD/month
- 251.73 CAD/bi-weekly
- 125.86 CAD/week
- 6,544.89 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:
14,416 ~ 15,716 CAD
compared to leasing a BRAND NEW:
- MINI COOPER S CLUBMAN ALL4 SIGNATURE
- for 12 months
- in QC
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 1,008 |
|---|---|
| This Contract (CAD/month) | 474 |
| Monthly Difference | 534 CAD/month |
| Remaining Term | x 24 months |
| Total Monthly Difference | = 12,816 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 14,416 ~ 15,716 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
25,093 CAD
- Total Vehicle Debt: 37,476 CAD
- Paid so Far: 12,383 CAD (33% Paid)
- Remaining Lease Payments: 11,384 CAD
- Residual Value: 13,708 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 12,383 CAD Total Vehicle Value: 37,476 CAD
Vehicle Debt Breakdown
Downpayment: 999 CAD Remaining Term: 11,384 CAD
Term Paid so Far: 11,384 CAD Residual Value: 13,708 CAD
Cost to Own
Already Paid: 12,383 CAD (33%)
Cash Incentive: 0 CAD Buyout Price Today: 25,093 CAD
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: 25,093 CAD
- 4.9%Interest Rate x 48 months
- 577 CAD/month + tax
- Total Payable: 27,683 CAD
- Total Interest: 2,590 CAD
- 8.9%Interest Rate x 48 months
- 623 CAD/month + tax
- Total Payable: 29,916 CAD
- Total Interest: 4,823 CAD
- 14.9%Interest Rate x 48 months
- 697 CAD/month + tax
- Total Payable: 33,460 CAD
- Total Interest: 8,367 CAD
At the end of the Lease Contract
Residual Value: 13,708 CAD (in 24 months)
- 4.9%Interest Rate x 48 months
- 315 CAD/month + tax
- Total Payable: 15,123 CAD
- Total Interest: 1,415 CAD
- 8.9%Interest Rate x 48 months
- 340 CAD/month + tax
- Total Payable: 16,343 CAD
- Total Interest: 2,635 CAD
- 14.9%Interest Rate x 48 months
- 381 CAD/month + tax
- Total Payable: 18,279 CAD
- Total Interest: 4,571 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)
17.30
- + tax
- + fuel
- + insurance
- 28.46CAD/100km (Original Contract back in Apr, 2018)
Time Analysis
Cost per day: (CAD)
15.60
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
632.69
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Apr, 2018)
