Payment Analysis

560.00CAD/monthin Hamilton, ON
    Before Taxes:
  • 560.00 CAD/month
  • 258.46 CAD/bi-weekly
  • 129.23 CAD/week
  • 6,720.00 CAD/year
Incl. Ontario Taxes (13%):
  • 632.80 CAD/month
  • 292.06 CAD/bi-weekly
  • 146.03 CAD/week
  • 7,593.60 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: 65,020 CAD
  • Total Vehicle Debt: 56,000 CAD
  • Paid so Far: -9,020 CAD (-17% Paid)
  • Remaining Lease Payments: 31,360 CAD
  • Residual Value: 33,660 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -9,020 CAD Total Vehicle Value: 56,000 CAD
-17% Paid
117%
Vehicle Debt Breakdown
Downpayment: 8,900 CAD Remaining Term: 31,360 CAD
Term Paid so Far: -17,920 CAD Residual Value: 33,660 CAD
16%
-33%
56%
61%
Cost to Own
Already Paid: -9,020 CAD (-17%)
Cash Incentive: 0 CAD Buyout Price Today: 65,020 CAD
-17% Paid
0%
117%
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: 65,020 CAD

  • 4.9%Interest Rate x 48 months
  • 1,494 CAD/month + tax
  • Total Payable: 71,732 CAD
  • Total Interest: 6,712 CAD
  • 8.9%Interest Rate x 48 months
  • 1,615 CAD/month + tax
  • Total Payable: 77,517 CAD
  • Total Interest: 12,497 CAD
  • 14.9%Interest Rate x 48 months
  • 1,806 CAD/month + tax
  • Total Payable: 86,701 CAD
  • Total Interest: 21,681 CAD

At the end of the Lease Contract

Residual Value: 33,660 CAD (in 56 months)

  • 4.9%Interest Rate x 48 months
  • 774 CAD/month + tax
  • Total Payable: 37,135 CAD
  • Total Interest: 3,475 CAD
  • 8.9%Interest Rate x 48 months
  • 836 CAD/month + tax
  • Total Payable: 40,130 CAD
  • Total Interest: 6,470 CAD
  • 14.9%Interest Rate x 48 months
  • 935 CAD/month + tax
  • Total Payable: 44,884 CAD
  • Total Interest: 11,224 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)
84.76
  • + tax
  • + fuel
  • + insurance
(or 0.85CAD per km)
Time Analysis
Cost per day: (CAD)
18.41
  • + tax
  • + insurance
  • + km driven & fuel
(0.06CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
152.47
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD