Payment Analysis

317.00CAD/monthin Cambridge, ON
    Before Taxes:
  • 317.00 CAD/month
  • 146.31 CAD/bi-weekly
  • 73.15 CAD/week
  • 3,804.00 CAD/year
Incl. Ontario Taxes (13%):
  • 358.21 CAD/month
  • 165.33 CAD/bi-weekly
  • 82.66 CAD/week
  • 4,298.52 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: 23,827 CAD
  • Total Vehicle Debt: 31,312 CAD
  • Paid so Far: 7,485 CAD (23% Paid)
  • Remaining Lease Payments: 9,827 CAD
  • Residual Value: 14,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 7,485 CAD Total Vehicle Value: 31,312 CAD
23% Paid
77%
Vehicle Debt Breakdown
Downpayment: 5,900 CAD Remaining Term: 9,827 CAD
Term Paid so Far: 1,585 CAD Residual Value: 14,000 CAD
18%
5%
31%
46%
Cost to Own
Already Paid: 7,485 CAD (23%)
Cash Incentive: 0 CAD Buyout Price Today: 23,827 CAD
23% Paid
0%
77%
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: 23,827 CAD

  • 4.9%Interest Rate x 48 months
  • 548 CAD/month + tax
  • Total Payable: 26,287 CAD
  • Total Interest: 2,460 CAD
  • 8.9%Interest Rate x 48 months
  • 592 CAD/month + tax
  • Total Payable: 28,407 CAD
  • Total Interest: 4,580 CAD
  • 14.9%Interest Rate x 48 months
  • 662 CAD/month + tax
  • Total Payable: 31,772 CAD
  • Total Interest: 7,945 CAD

At the end of the Lease Contract

Residual Value: 14,000 CAD (in 31 months)

  • 4.9%Interest Rate x 48 months
  • 322 CAD/month + tax
  • Total Payable: 15,445 CAD
  • Total Interest: 1,445 CAD
  • 8.9%Interest Rate x 48 months
  • 348 CAD/month + tax
  • Total Payable: 16,691 CAD
  • Total Interest: 2,691 CAD
  • 14.9%Interest Rate x 48 months
  • 389 CAD/month + tax
  • Total Payable: 18,668 CAD
  • Total Interest: 4,668 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)
17.87
  • + tax
  • + fuel
  • + insurance
(or 0.18CAD per km)
  • 19.02CAD/100km (Original Contract back in Aug, 2018)
Time Analysis
Cost per day: (CAD)
10.42
  • + tax
  • + insurance
  • + km driven & fuel
(0.11CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
409.43
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 384.62km/week (Contract Original back in Aug, 2018)

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