Payment Analysis

371.45CAD/monthin Parksville, BC
    Before Taxes:
  • 371.45 CAD/month
  • 171.44 CAD/bi-weekly
  • 85.72 CAD/week
  • 4,457.40 CAD/year
Incl. B.C. Taxes (12%):
  • 416.02 CAD/month
  • 192.01 CAD/bi-weekly
  • 96.01 CAD/week
  • 4,992.29 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: 3,690 CAD

compared to leasing a BRAND NEW:

  • Subaru Impreza Touring
  • for 24 months
  • in British Columbia
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 495
This Contract (CAD/month) 371
Monthly Difference 123 CAD/month
Remaining Term x 30 months
Total Monthly Difference = 3,690 CAD
Total Savings (CAD) = 3,690

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 19,950 CAD
  • Total Vehicle Debt: 26,636 CAD
  • Paid so Far: 6,686 CAD (25% Paid)
  • Remaining Lease Payments: 11,144 CAD
  • Residual Value: 8,806 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 6,686 CAD Total Vehicle Value: 26,636 CAD
25% Paid
75%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 11,144 CAD
Term Paid so Far: 6,686 CAD Residual Value: 8,806 CAD
0%
25%
41%
34%
Cost to Own
Already Paid: 6,686 CAD (25%)
Cash Incentive: 0 CAD Buyout Price Today: 19,950 CAD
25% Paid
0%
75%
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: 19,950 CAD

  • 4.9%Interest Rate x 48 months
  • 459 CAD/month + tax
  • Total Payable: 22,009 CAD
  • Total Interest: 2,059 CAD
  • 8.9%Interest Rate x 48 months
  • 495 CAD/month + tax
  • Total Payable: 23,784 CAD
  • Total Interest: 3,834 CAD
  • 14.9%Interest Rate x 48 months
  • 554 CAD/month + tax
  • Total Payable: 26,602 CAD
  • Total Interest: 6,652 CAD

At the end of the Lease Contract

Residual Value: 8,806 CAD (in 30 months)

  • 4.9%Interest Rate x 48 months
  • 202 CAD/month + tax
  • Total Payable: 9,715 CAD
  • Total Interest: 909 CAD
  • 8.9%Interest Rate x 48 months
  • 219 CAD/month + tax
  • Total Payable: 10,499 CAD
  • Total Interest: 1,693 CAD
  • 14.9%Interest Rate x 48 months
  • 245 CAD/month + tax
  • Total Payable: 11,742 CAD
  • Total Interest: 2,936 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)
13.53
  • + tax
  • + fuel
  • + insurance
(or 0.14CAD per km)
  • 18.57CAD/100km (Original Contract back in Oct, 2017)
Time Analysis
Cost per day: (CAD)
12.21
  • + tax
  • + insurance
  • + km driven & fuel
(0.11CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
633.35
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 461.54km/week (Contract Original back in Oct, 2017)