Payment Analysis

419.34CAD/monthin Vancouver, BC
    Before Taxes:
  • 419.34 CAD/month
  • 193.54 CAD/bi-weekly
  • 96.77 CAD/week
  • 5,032.08 CAD/year
Incl. B.C. Taxes (12%):
  • 469.66 CAD/month
  • 216.77 CAD/bi-weekly
  • 108.38 CAD/week
  • 5,635.93 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: -980 CAD

compared to leasing a BRAND NEW:

  • MINI COOPER 5 DOOR
  • for 36 months
  • in British Columbia
  • $0 down payment
  • 12,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 583
This Contract (CAD/month) 419
Monthly Difference 164 CAD/month
Remaining Term x 5 months
Total Monthly Difference = 820 CAD
- Required Payment** (CAD) - 1,800
Total Savings (CAD) = -980
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 17,053 CAD
  • Total Vehicle Debt: 33,285 CAD
  • Paid so Far: 18,032 CAD (54% Paid)
  • Remaining Lease Payments: 2,097 CAD
  • Residual Value: 13,157 CAD
  • Required Payment: 1,800 CAD
Vehicle Debt & Value
Paid so far: 18,032 CAD Total Vehicle Value: 33,285 CAD
54% Paid
46%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,097 CAD
Term Paid so Far: 18,032 CAD Residual Value: 13,157 CAD
0%
54%
6%
40%
Cost to Own
Already Paid: 18,032 CAD (54%)
Required Payment: 1,800 CAD (5%)Buyout Price Today: 17,053 CAD
49% Paid
5%
46%
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: 17,053 CAD

  • 4.9%Interest Rate x 48 months
  • 392 CAD/month + tax
  • Total Payable: 18,814 CAD
  • Total Interest: 1,760 CAD
  • 8.9%Interest Rate x 48 months
  • 424 CAD/month + tax
  • Total Payable: 20,331 CAD
  • Total Interest: 3,278 CAD
  • 14.9%Interest Rate x 48 months
  • 474 CAD/month + tax
  • Total Payable: 22,739 CAD
  • Total Interest: 5,686 CAD

At the end of the Lease Contract

Residual Value: 13,157 CAD (in 5 months)

  • 4.9%Interest Rate x 48 months
  • 302 CAD/month + tax
  • Total Payable: 14,515 CAD
  • Total Interest: 1,358 CAD
  • 8.9%Interest Rate x 48 months
  • 327 CAD/month + tax
  • Total Payable: 15,685 CAD
  • Total Interest: 2,529 CAD
  • 14.9%Interest Rate x 48 months
  • 365 CAD/month + tax
  • Total Payable: 17,543 CAD
  • Total Interest: 4,387 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)
9.31
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,800CAD incentive)
  • 5.01CAD/100km (TODAY without the Cash Incentive)
  • 41.93CAD/100km (Original Contract back in Jun, 2021)
Time Analysis
Cost per day: (CAD)
25.62
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,800CAD incentive)
  • 13.79CAD/day (Original Contract back in Jun, 2021)
Remaining Km
Can be driven up to:
1,930.89
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 230.77km/week (Contract Original back in Jun, 2021)

Seller Contact Info

This Contract was Already Transferred.

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