Payment Analysis

409.00CAD/monthin Kanata, ON
    Before Taxes:
  • 409.00 CAD/month
  • 188.77 CAD/bi-weekly
  • 94.38 CAD/week
  • 4,908.00 CAD/year
Incl. Ontario Taxes (13%):
  • 462.17 CAD/month
  • 213.31 CAD/bi-weekly
  • 106.65 CAD/week
  • 5,546.04 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: 5,716 ~ 7,016 CAD

compared to leasing a BRAND NEW:

  • Subary Ascent Convenience Automatic Transmission
  • for 24 months
  • in Ontario
  • $0 down payment
  • 48,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 556
This Contract (CAD/month) 409
Monthly Difference 147 CAD/month
Remaining Term x 28 months
Total Monthly Difference = 4,116 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 5,716 ~ 7,016

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 27,944 CAD
  • Total Vehicle Debt: 36,124 CAD
  • Paid so Far: 8,180 CAD (22% Paid)
  • Remaining Lease Payments: 11,452 CAD
  • Residual Value: 16,492 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,180 CAD Total Vehicle Value: 36,124 CAD
22% Paid
78%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 11,452 CAD
Term Paid so Far: 8,180 CAD Residual Value: 16,492 CAD
0%
22%
31%
47%
Cost to Own
Already Paid: 8,180 CAD (22%)
Cash Incentive: 0 CAD Buyout Price Today: 27,944 CAD
22% Paid
0%
78%
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: 27,944 CAD

  • 4.9%Interest Rate x 48 months
  • 642 CAD/month + tax
  • Total Payable: 30,829 CAD
  • Total Interest: 2,885 CAD
  • 8.9%Interest Rate x 48 months
  • 694 CAD/month + tax
  • Total Payable: 33,315 CAD
  • Total Interest: 5,371 CAD
  • 14.9%Interest Rate x 48 months
  • 776 CAD/month + tax
  • Total Payable: 37,262 CAD
  • Total Interest: 9,318 CAD

At the end of the Lease Contract

Residual Value: 16,492 CAD (in 28 months)

  • 4.9%Interest Rate x 48 months
  • 379 CAD/month + tax
  • Total Payable: 18,195 CAD
  • Total Interest: 1,703 CAD
  • 8.9%Interest Rate x 48 months
  • 410 CAD/month + tax
  • Total Payable: 19,662 CAD
  • Total Interest: 3,170 CAD
  • 14.9%Interest Rate x 48 months
  • 458 CAD/month + tax
  • Total Payable: 21,991 CAD
  • Total Interest: 5,499 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)
11.74
  • + tax
  • + fuel
  • + insurance
(or 0.12CAD per km)
  • 16.58CAD/100km (Original Contract back in Aug, 2019)
Time Analysis
Cost per day: (CAD)
13.45
  • + tax
  • + insurance
  • + km driven & fuel
(0.12CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
804.26
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 569.38km/week (Contract Original back in Aug, 2019)

Seller Contact Info

This Contract was Already Transferred.

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