Payment Analysis

597.00CAD/monthin Northville, ON
    Before Taxes:
  • 597.00 CAD/month
  • 275.54 CAD/bi-weekly
  • 137.77 CAD/week
  • 7,164.00 CAD/year
Incl. Ontario Taxes (13%):
  • 674.61 CAD/month
  • 311.36 CAD/bi-weekly
  • 155.68 CAD/week
  • 8,095.32 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: 73,500 CAD
  • Total Vehicle Debt: 56,426 CAD
  • Paid so Far: -17,074 CAD (-31% Paid)
  • Remaining Lease Payments: 46,566 CAD
  • Residual Value: 26,934 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -17,074 CAD Total Vehicle Value: 56,426 CAD
-31% Paid
131%
Vehicle Debt Breakdown
Downpayment: 8,000 CAD Remaining Term: 46,566 CAD
Term Paid so Far: -25,074 CAD Residual Value: 26,934 CAD
14%
-45%
82%
49%
Cost to Own
Already Paid: -17,074 CAD (-31%)
Cash Incentive: 0 CAD Buyout Price Today: 73,500 CAD
-31% Paid
0%
131%
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: 73,500 CAD

  • 4.9%Interest Rate x 48 months
  • 1,689 CAD/month + tax
  • Total Payable: 81,088 CAD
  • Total Interest: 7,588 CAD
  • 8.9%Interest Rate x 48 months
  • 1,826 CAD/month + tax
  • Total Payable: 87,627 CAD
  • Total Interest: 14,127 CAD
  • 14.9%Interest Rate x 48 months
  • 2,042 CAD/month + tax
  • Total Payable: 98,008 CAD
  • Total Interest: 24,508 CAD

At the end of the Lease Contract

Residual Value: 26,934 CAD (in 78 months)

  • 4.9%Interest Rate x 48 months
  • 619 CAD/month + tax
  • Total Payable: 29,714 CAD
  • Total Interest: 2,780 CAD
  • 8.9%Interest Rate x 48 months
  • 669 CAD/month + tax
  • Total Payable: 32,111 CAD
  • Total Interest: 5,177 CAD
  • 14.9%Interest Rate x 48 months
  • 748 CAD/month + tax
  • Total Payable: 35,915 CAD
  • Total Interest: 8,981 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)
310.44
  • + tax
  • + fuel
  • + insurance
(or 3.10CAD per km)
Time Analysis
Cost per day: (CAD)
19.63
  • + tax
  • + insurance
  • + km driven & fuel
(0.04CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
44.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD