Payment Analysis

1,600.00CAD/monthin Halifax, NS
    Before Taxes:
  • 1,600.00 CAD/month
  • 738.46 CAD/bi-weekly
  • 369.23 CAD/week
  • 19,200.00 CAD/year
Incl. Nova Scotia Taxes (15%):
  • 1,840.00 CAD/month
  • 849.23 CAD/bi-weekly
  • 424.62 CAD/week
  • 22,080.00 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: 6,580 ~ 7,480 CAD

compared to leasing a BRAND NEW:

  • Land Rover Range Rover Sports Automatic AWD w/ Ebony Morzine Headlining -Drive Pro Pack -Adaptive Cruise Control -Blind Spot Assist -High-Speed Emergency Braking -Stellite Radio + HD Radio -22 5 Splt-Spk Style 5004 Gloss Black -22 inc Wheel -Black Pack -Bmpr L wr Vlc-Gloss Blk/Bdy Col -Climate Front
  • for 24 months
  • in NS
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 2,078
This Contract (CAD/month) 1,600
Monthly Difference 478 CAD/month
Remaining Term x 10 months
Total Monthly Difference = 4,780 CAD
+ Cash Incentive** (CAD) + 1,000
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,580 ~ 7,480
** "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: 82,000 CAD
  • Total Vehicle Debt: 115,000 CAD
  • Paid so Far: 32,000 CAD (27% Paid)
  • Remaining Lease Payments: 16,000 CAD
  • Residual Value: 67,000 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 32,000 CAD Total Vehicle Value: 115,000 CAD
27% Paid
73%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 16,000 CAD
Term Paid so Far: 32,000 CAD Residual Value: 67,000 CAD
0%
27%
14%
59%
Cost to Own
Already Paid: 32,000 CAD (27%)
Cash Incentive: 1,000 CAD Buyout Price Today: 82,000 CAD
27% Paid
0%
73%
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: 82,000 CAD

  • 4.9%Interest Rate x 48 months
  • 1,885 CAD/month + tax
  • Total Payable: 90,465 CAD
  • Total Interest: 8,465 CAD
  • 8.9%Interest Rate x 48 months
  • 2,037 CAD/month + tax
  • Total Payable: 97,761 CAD
  • Total Interest: 15,761 CAD
  • 14.9%Interest Rate x 48 months
  • 2,278 CAD/month + tax
  • Total Payable: 109,342 CAD
  • Total Interest: 27,342 CAD

At the end of the Lease Contract

Residual Value: 67,000 CAD (in 10 months)

  • 4.9%Interest Rate x 48 months
  • 1,540 CAD/month + tax
  • Total Payable: 73,917 CAD
  • Total Interest: 6,917 CAD
  • 8.9%Interest Rate x 48 months
  • 1,664 CAD/month + tax
  • Total Payable: 79,878 CAD
  • Total Interest: 12,878 CAD
  • 14.9%Interest Rate x 48 months
  • 1,861 CAD/month + tax
  • Total Payable: 89,341 CAD
  • Total Interest: 22,341 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)
19.89
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 21.22CAD/100km (TODAY without the Cash Incentive)
  • 60.00CAD/100km (Original Contract back in Dec, 2020)
Time Analysis
Cost per day: (CAD)
49.32
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 52.60CAD/day (Original Contract back in Dec, 2020)
Remaining Km
Can be driven up to:
1,740.00
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 615.38km/week (Contract Original back in Dec, 2020)

Seller Contact Info

This Contract was Already Transferred.

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