Payment Analysis

700.00CAD/monthin Kitchener, ON
    Before Taxes:
  • 700.00 CAD/month
  • 323.08 CAD/bi-weekly
  • 161.54 CAD/week
  • 8,400.00 CAD/year
Incl. Ontario Taxes (13%):
  • 791.00 CAD/month
  • 365.08 CAD/bi-weekly
  • 182.54 CAD/week
  • 9,492.00 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: 28,172 CAD
  • Total Vehicle Debt: 49,972 CAD
  • Paid so Far: 16,800 CAD (33% Paid)
  • Remaining Lease Payments: 16,800 CAD
  • Residual Value: 16,372 CAD
  • Cash Incentive: 5,000 CAD
Vehicle Debt & Value
Paid so far: 16,800 CAD Total Vehicle Value: 49,972 CAD
33% Paid
67%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 16,800 CAD
Term Paid so Far: 16,800 CAD Residual Value: 16,372 CAD
0%
33%
33%
34%
Cost to Own
Already Paid: 16,800 CAD (33%)
Cash Incentive: 5,000 CAD Buyout Price Today: 28,172 CAD
33% Paid
10%
57%
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: 28,172 CAD

  • 4.9%Interest Rate x 48 months
  • 648 CAD/month + tax
  • Total Payable: 31,080 CAD
  • Total Interest: 2,908 CAD
  • 8.9%Interest Rate x 48 months
  • 700 CAD/month + tax
  • Total Payable: 33,587 CAD
  • Total Interest: 5,415 CAD
  • 14.9%Interest Rate x 48 months
  • 783 CAD/month + tax
  • Total Payable: 37,566 CAD
  • Total Interest: 9,394 CAD

At the end of the Lease Contract

Residual Value: 16,372 CAD (in 24 months)

  • 4.9%Interest Rate x 48 months
  • 376 CAD/month + tax
  • Total Payable: 18,062 CAD
  • Total Interest: 1,690 CAD
  • 8.9%Interest Rate x 48 months
  • 407 CAD/month + tax
  • Total Payable: 19,519 CAD
  • Total Interest: 3,147 CAD
  • 14.9%Interest Rate x 48 months
  • 455 CAD/month + tax
  • Total Payable: 21,831 CAD
  • Total Interest: 5,459 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)
21.45
  • + tax
  • + fuel
  • + insurance
(inlcuding the 5,000CAD incentive)
  • 30.55CAD/100km (TODAY without the Cash Incentive)
  • 52.50CAD/100km (Original Contract back in Apr, 2018)
Time Analysis
Cost per day: (CAD)
16.16
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 5,000CAD incentive)
  • 23.01CAD/day (Original Contract back in Apr, 2018)
Remaining Km
Can be driven up to:
528.85
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 307.69km/week (Contract Original back in Apr, 2018)