Payment Analysis

196.00CAD/monthin Toronto, ON
    Before Taxes:
  • 196.00 CAD/month
  • 90.46 CAD/bi-weekly
  • 45.23 CAD/week
  • 2,352.00 CAD/year
Incl. Ontario Taxes (13%):
  • 221.48 CAD/month
  • 102.22 CAD/bi-weekly
  • 51.11 CAD/week
  • 2,657.76 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: 3,438 CAD

compared to leasing a BRAND NEW:

  • Subaru WRX & WRX STI SPORT MANUAL
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 578
This Contract (CAD/month) 196
Monthly Difference 382 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 3,438 CAD
Total Savings (CAD) = 3,438

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 17,764 CAD
  • Total Vehicle Debt: 32,508 CAD
  • Paid so Far: 14,744 CAD (45% Paid)
  • Remaining Lease Payments: 1,764 CAD
  • Residual Value: 16,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 14,744 CAD Total Vehicle Value: 32,508 CAD
45% Paid
55%
Vehicle Debt Breakdown
Downpayment: 7,100 CAD Remaining Term: 1,764 CAD
Term Paid so Far: 7,644 CAD Residual Value: 16,000 CAD
21%
24%
5%
50%
Cost to Own
Already Paid: 14,744 CAD (45%)
Cash Incentive: 0 CAD Buyout Price Today: 17,764 CAD
45% Paid
0%
55%
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: 17,764 CAD

  • 4.9%Interest Rate x 48 months
  • 408 CAD/month + tax
  • Total Payable: 19,598 CAD
  • Total Interest: 1,834 CAD
  • 8.9%Interest Rate x 48 months
  • 441 CAD/month + tax
  • Total Payable: 21,178 CAD
  • Total Interest: 3,414 CAD
  • 14.9%Interest Rate x 48 months
  • 493 CAD/month + tax
  • Total Payable: 23,687 CAD
  • Total Interest: 5,923 CAD

At the end of the Lease Contract

Residual Value: 16,000 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 368 CAD/month + tax
  • Total Payable: 17,652 CAD
  • Total Interest: 1,652 CAD
  • 8.9%Interest Rate x 48 months
  • 397 CAD/month + tax
  • Total Payable: 19,075 CAD
  • Total Interest: 3,075 CAD
  • 14.9%Interest Rate x 48 months
  • 444 CAD/month + tax
  • Total Payable: 21,335 CAD
  • Total Interest: 5,335 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)
2.45
  • + tax
  • + fuel
  • + insurance
(or 0.02CAD per km)
  • 9.80CAD/100km (Original Contract back in Jul, 2020)
Time Analysis
Cost per day: (CAD)
6.44
  • + tax
  • + insurance
  • + km driven & fuel
(0.37CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,846.15
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 461.54km/week (Contract Original back in Jul, 2020)

Seller Contact Info

This Contract was Already Transferred.

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