Payment Analysis
556.93CAD/monthin Hamilton, ON
- 556.93 CAD/month
- 257.04 CAD/bi-weekly
- 128.52 CAD/week
- 6,683.16 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 629.33 CAD/month
- 290.46 CAD/bi-weekly
- 145.23 CAD/week
- 7,551.97 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:
3,468 ~ 4,368 CAD
compared to leasing a BRAND NEW:
- Subaru Outback 2.5i Touring
- for 36 months
- in Ontario
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 649 |
---|---|
This Contract (CAD/month) | 557 |
Monthly Difference | 92 CAD/month |
Remaining Term | x 29 months |
Total Monthly Difference | = 2,668 CAD |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 3,468 ~ 4,368 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
31,315 CAD
- Total Vehicle Debt: 41,897 CAD
- Paid so Far: 10,582 CAD (25% Paid)
- Remaining Lease Payments: 16,151 CAD
- Residual Value: 15,164 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,582 CAD Total Vehicle Value: 41,897 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 16,151 CAD
Term Paid so Far: 10,582 CAD Residual Value: 15,164 CAD
Cost to Own
Already Paid: 10,582 CAD (25%)
Cash Incentive: 0 CAD Buyout Price Today: 31,315 CAD
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: 31,315 CAD
- 4.9%Interest Rate x 48 months
- 720 CAD/month + tax
- Total Payable: 34,548 CAD
- Total Interest: 3,233 CAD
- 8.9%Interest Rate x 48 months
- 778 CAD/month + tax
- Total Payable: 37,334 CAD
- Total Interest: 6,019 CAD
- 14.9%Interest Rate x 48 months
- 870 CAD/month + tax
- Total Payable: 41,757 CAD
- Total Interest: 10,442 CAD
At the end of the Lease Contract
Residual Value: 15,164 CAD (in 29 months)
- 4.9%Interest Rate x 48 months
- 349 CAD/month + tax
- Total Payable: 16,729 CAD
- Total Interest: 1,565 CAD
- 8.9%Interest Rate x 48 months
- 377 CAD/month + tax
- Total Payable: 18,079 CAD
- Total Interest: 2,915 CAD
- 14.9%Interest Rate x 48 months
- 421 CAD/month + tax
- Total Payable: 20,220 CAD
- Total Interest: 5,056 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)
23.41
- + tax
- + fuel
- + insurance
- 27.85CAD/100km (Original Contract back in Nov, 2017)
Time Analysis
Cost per day: (CAD)
18.31
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
549.07
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Nov, 2017)
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