Payment Analysis
530.96CAD/monthin Toronto, ON
- 530.96 CAD/month
- 245.06 CAD/bi-weekly
- 122.53 CAD/week
- 6,371.52 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 599.98 CAD/month
- 276.92 CAD/bi-weekly
- 138.46 CAD/week
- 7,199.82 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:
15,964 ~ 17,264 CAD
compared to leasing a BRAND NEW:
- Mini Cooper Clubman ALL4
- for 18 months
- in Ontario
- $0 down payment
- 29,000 km/year
Leasing New (CAD/month) | 787 |
---|---|
This Contract (CAD/month) | 531 |
Monthly Difference | 257 CAD/month |
Remaining Term | x 52 months |
Total Monthly Difference | = 13,364 CAD |
+ Cash Incentive** (CAD) | + 1,000 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 15,964 ~ 17,264 |
** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
44,911 CAD
- Total Vehicle Debt: 40,060 CAD
- Paid so Far: -5,851 CAD (-15% Paid)
- Remaining Lease Payments: 27,610 CAD
- Residual Value: 18,301 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: -5,851 CAD Total Vehicle Value: 40,060 CAD
Vehicle Debt Breakdown
Downpayment: 2,644 CAD Remaining Term: 27,610 CAD
Term Paid so Far: -8,495 CAD Residual Value: 18,301 CAD
Cost to Own
Already Paid: -5,851 CAD (-15%)
Cash Incentive: 1,000 CAD Buyout Price Today: 44,911 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: 44,911 CAD
- 4.9%Interest Rate x 48 months
- 1,032 CAD/month + tax
- Total Payable: 49,547 CAD
- Total Interest: 4,636 CAD
- 8.9%Interest Rate x 48 months
- 1,115 CAD/month + tax
- Total Payable: 53,543 CAD
- Total Interest: 8,632 CAD
- 14.9%Interest Rate x 48 months
- 1,248 CAD/month + tax
- Total Payable: 59,886 CAD
- Total Interest: 14,975 CAD
At the end of the Lease Contract
Residual Value: 18,301 CAD (in 52 months)
- 4.9%Interest Rate x 48 months
- 421 CAD/month + tax
- Total Payable: 20,190 CAD
- Total Interest: 1,889 CAD
- 8.9%Interest Rate x 48 months
- 455 CAD/month + tax
- Total Payable: 21,818 CAD
- Total Interest: 3,517 CAD
- 14.9%Interest Rate x 48 months
- 508 CAD/month + tax
- Total Payable: 24,403 CAD
- Total Interest: 6,102 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)
72.90
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
16.82
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
161.98
- km/week
- without any
- additional costs
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