Payment Analysis

650.00CAD/monthin Vancouver, BC
    Before Taxes:
  • 650.00 CAD/month
  • 300.00 CAD/bi-weekly
  • 150.00 CAD/week
  • 7,800.00 CAD/year
Incl. B.C. Taxes (12%):
  • 728.00 CAD/month
  • 336.00 CAD/bi-weekly
  • 168.00 CAD/week
  • 8,736.00 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: 1,911 CAD

compared to leasing a BRAND NEW:

  • Tesla Model 3 Standard Range + FINANCING
  • for 84 months
  • in British Columbia
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 699
This Contract (CAD/month) 650
Monthly Difference 49 CAD/month
Remaining Term x 39 months
Total Monthly Difference = 1,911 CAD
Total Savings (CAD) = 1,911

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 25,351 CAD
  • Total Vehicle Debt: 63,701 CAD
  • Paid so Far: 38,350 CAD (60% Paid)
  • Remaining Lease Payments: 25,350 CAD
  • Residual Value: 1 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 38,350 CAD Total Vehicle Value: 63,701 CAD
60% Paid
40%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 25,350 CAD
Term Paid so Far: 38,350 CAD Residual Value: 1 CAD
0%
60%
39%
1%
Cost to Own
Already Paid: 38,350 CAD (60%)
Cash Incentive: 0 CAD Buyout Price Today: 25,351 CAD
60% Paid
0%
40%
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: 25,351 CAD

  • 4.9%Interest Rate x 48 months
  • 583 CAD/month + tax
  • Total Payable: 27,968 CAD
  • Total Interest: 2,617 CAD
  • 8.9%Interest Rate x 48 months
  • 630 CAD/month + tax
  • Total Payable: 30,224 CAD
  • Total Interest: 4,873 CAD
  • 14.9%Interest Rate x 48 months
  • 704 CAD/month + tax
  • Total Payable: 33,804 CAD
  • Total Interest: 8,453 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 39 months)

  • 4.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 8.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 14.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 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)
4.81
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 12.00CAD/100km (Original Contract back in Jun, 2021)
Time Analysis
Cost per day: (CAD)
21.37
  • + tax
  • + insurance
  • + km driven & fuel
(0.08CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
3,120.32
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 1,250.00km/week (Contract Original back in Jun, 2021)

Seller Contact Info

This Contract was Already Transferred.

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