Payment Analysis

623.00CAD/monthin Ingersoll, ON
    Before Taxes:
  • 623.00 CAD/month
  • 287.54 CAD/bi-weekly
  • 143.77 CAD/week
  • 7,476.00 CAD/year
Incl. Ontario Taxes (13%):
  • 703.99 CAD/month
  • 324.92 CAD/bi-weekly
  • 162.46 CAD/week
  • 8,447.88 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: 2,777 ~ 4,077 CAD

compared to leasing a BRAND NEW:

  • Subaru Outback Limited XT Automatic Transmission
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 730
This Contract (CAD/month) 623
Monthly Difference 107 CAD/month
Remaining Term x 11 months
Total Monthly Difference = 1,177 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 2,777 ~ 4,077

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 27,853 CAD
  • Total Vehicle Debt: 37,952 CAD
  • Paid so Far: 10,099 CAD (26% Paid)
  • Remaining Lease Payments: 6,853 CAD
  • Residual Value: 21,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,099 CAD Total Vehicle Value: 37,952 CAD
26% Paid
74%
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 6,853 CAD
Term Paid so Far: 8,099 CAD Residual Value: 21,000 CAD
5%
21%
18%
56%
Cost to Own
Already Paid: 10,099 CAD (26%)
Cash Incentive: 0 CAD Buyout Price Today: 27,853 CAD
26% Paid
0%
74%
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: 27,853 CAD

  • 4.9%Interest Rate x 48 months
  • 640 CAD/month + tax
  • Total Payable: 30,728 CAD
  • Total Interest: 2,875 CAD
  • 8.9%Interest Rate x 48 months
  • 692 CAD/month + tax
  • Total Payable: 33,206 CAD
  • Total Interest: 5,353 CAD
  • 14.9%Interest Rate x 48 months
  • 774 CAD/month + tax
  • Total Payable: 37,140 CAD
  • Total Interest: 9,287 CAD

At the end of the Lease Contract

Residual Value: 21,000 CAD (in 11 months)

  • 4.9%Interest Rate x 48 months
  • 483 CAD/month + tax
  • Total Payable: 23,168 CAD
  • Total Interest: 2,168 CAD
  • 8.9%Interest Rate x 48 months
  • 522 CAD/month + tax
  • Total Payable: 25,036 CAD
  • Total Interest: 4,036 CAD
  • 14.9%Interest Rate x 48 months
  • 583 CAD/month + tax
  • Total Payable: 28,002 CAD
  • Total Interest: 7,002 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)
22.11
  • + tax
  • + fuel
  • + insurance
(or 0.22CAD per km)
  • 24.92CAD/100km (Original Contract back in May, 2021)
Time Analysis
Cost per day: (CAD)
20.48
  • + tax
  • + insurance
  • + km driven & fuel
(0.30CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
650.35
  • km/week
  • without any
  • additional costs
Excess km cost: 0.07CAD
  • 576.92km/week (Contract Original back in May, 2021)

Seller Contact Info

This Contract was Already Transferred.

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