Payment Analysis

442.00CAD/monthin Mississauga, ON
    Before Taxes:
  • 442.00 CAD/month
  • 204.00 CAD/bi-weekly
  • 102.00 CAD/week
  • 5,304.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 508.21 CAD/month
  • 234.56 CAD/bi-weekly
  • 117.28 CAD/week
  • 6,098.54 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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 29,066 CAD
  • Total Vehicle Debt: 40,616 CAD
  • Paid so Far: 11,050 CAD (27% Paid)
  • Remaining Lease Payments: 15,028 CAD
  • Residual Value: 14,538 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 11,050 CAD Total Vehicle Value: 40,616 CAD
27% Paid
73%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 15,028 CAD
Term Paid so Far: 11,050 CAD Residual Value: 14,538 CAD
0%
27%
37%
36%
Cost to Own
Already Paid: 11,050 CAD (27%)
Cash Incentive: 500 CAD Buyout Price Today: 29,066 CAD
27% Paid
1%
72%
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: 29,066 CAD

  • 4.9%Interest Rate x 48 months
  • 668 CAD/month + tax
  • Total Payable: 32,067 CAD
  • Total Interest: 3,001 CAD
  • 8.9%Interest Rate x 48 months
  • 722 CAD/month + tax
  • Total Payable: 34,653 CAD
  • Total Interest: 5,587 CAD
  • 14.9%Interest Rate x 48 months
  • 807 CAD/month + tax
  • Total Payable: 38,758 CAD
  • Total Interest: 9,692 CAD

At the end of the Lease Contract

Residual Value: 14,538 CAD (in 34 months)

  • 4.9%Interest Rate x 48 months
  • 334 CAD/month + tax
  • Total Payable: 16,039 CAD
  • Total Interest: 1,501 CAD
  • 8.9%Interest Rate x 48 months
  • 361 CAD/month + tax
  • Total Payable: 17,333 CAD
  • Total Interest: 2,794 CAD
  • 14.9%Interest Rate x 48 months
  • 404 CAD/month + tax
  • Total Payable: 19,386 CAD
  • Total Interest: 4,848 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)
19.81
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 20.49CAD/100km (TODAY without the Cash Incentive)
  • 26.52CAD/100km (Original Contract back in Jul, 2016)
Time Analysis
Cost per day: (CAD)
14.05
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 14.53CAD/day (Original Contract back in Jul, 2016)
Remaining Km
Can be driven up to:
497.74
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 384.62km/week (Contract Original back in Jul, 2016)