Payment Analysis
576.83CAD/monthin Stoney Creek, ON
- 576.83 CAD/month
- 266.23 CAD/bi-weekly
- 133.11 CAD/week
- 6,921.96 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 651.82 CAD/month
- 300.84 CAD/bi-weekly
- 150.42 CAD/week
- 7,821.81 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:
5,595 ~ 6,895 CAD
compared to leasing a BRAND NEW:
- Subaru Outback Premier XT Automatic Transmission
- for 24 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 861 |
|---|---|
| This Contract (CAD/month) | 577 |
| Monthly Difference | 285 CAD/month |
| Remaining Term | x 7 months |
| Total Monthly Difference | = 1,995 CAD |
| + Cash Incentive** (CAD) | + 2,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 5,595 ~ 6,895 |
| ** "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:
21,418 CAD
- Total Vehicle Debt: 50,230 CAD
- Paid so Far: 26,812 CAD (53% Paid)
- Remaining Lease Payments: 4,038 CAD
- Residual Value: 19,380 CAD
- Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 26,812 CAD Total Vehicle Value: 50,230 CAD
Vehicle Debt Breakdown
Downpayment: 3,739 CAD Remaining Term: 4,038 CAD
Term Paid so Far: 23,073 CAD Residual Value: 19,380 CAD
Cost to Own
Already Paid: 26,812 CAD (53%)
Cash Incentive: 2,000 CAD Buyout Price Today: 21,418 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: 21,418 CAD
- 4.9%Interest Rate x 48 months
- 492 CAD/month + tax
- Total Payable: 23,629 CAD
- Total Interest: 2,211 CAD
- 8.9%Interest Rate x 48 months
- 532 CAD/month + tax
- Total Payable: 25,534 CAD
- Total Interest: 4,117 CAD
- 14.9%Interest Rate x 48 months
- 595 CAD/month + tax
- Total Payable: 28,559 CAD
- Total Interest: 7,142 CAD
At the end of the Lease Contract
Residual Value: 19,380 CAD (in 7 months)
- 4.9%Interest Rate x 48 months
- 445 CAD/month + tax
- Total Payable: 21,381 CAD
- Total Interest: 2,001 CAD
- 8.9%Interest Rate x 48 months
- 481 CAD/month + tax
- Total Payable: 23,105 CAD
- Total Interest: 3,725 CAD
- 14.9%Interest Rate x 48 months
- 538 CAD/month + tax
- Total Payable: 25,842 CAD
- Total Interest: 6,462 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)
2.36
- + tax
- + fuel
- + insurance
- 4.67CAD/100km (TODAY without the Cash Incentive)
- 28.84CAD/100km (Original Contract back in Dec, 2020)
Time Analysis
Cost per day: (CAD)
9.57
- + tax
- + insurance
- + km driven & fuel
- 18.96CAD/day (Original Contract back in Dec, 2020)
Remaining Km
Can be driven up to:
2,851.65
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Dec, 2020)
Seller Contact Info
This Contract was Already Transferred.
Similar Listings in Hamilton
2023 Jeep
Grand Cherokee L Overland Automatique AWD Luxury Package I
Payment Details
- Current Payment: 783 CAD/month + tax
- Original Downpayment: 4,000 CAD
- Residual Value: 51,716 CAD
- Months to End: 27 months (Jul, 2026)
Vehicle Status
- Contract Allowance: 12,000 km/year
- Current Odometer: 1,500 km total
- Available Now: 16,667 km/year (1,389 per month)
- Excess Km Cost: 0.25 CAD/km
+ 18,000 cash
2023 Land Rover
Range Rover Evoque Automatique AWD R-Dynamic SE
Payment Details
- Current Payment: 1,590 CAD/month + tax
- Cash Incentive: 18,000 CAD
- Payment After Incentive: 1,104 CAD/month + tax
- Original Downpayment: 4,683 CAD
- Residual Value: 32,849 CAD
- Months to End: 37 months (Jun, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 9,300 km total
- Available Now: 22,930 km/year (1,911 per month)
- Excess Km Cost: 0.20 CAD/km
2023 Hyundai
2023 Hyundai Venue FWD Preferred Automatique 2WD
Payment Details
- Current Payment: 385 CAD/month + tax
- Residual Value: 12,623 CAD
- Months to End: 32 months (Jan, 2027)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 15,000 km total
- Available Now: 18,375 km/year (1,531 per month)
- Excess Km Cost: 0.12 CAD/km
