Payment Analysis

273.15CAD/monthin Ottawa, ON
    Before Taxes:
  • 273.15 CAD/month
  • 126.07 CAD/bi-weekly
  • 63.03 CAD/week
  • 3,277.80 CAD/year
Incl. Ontario Taxes (13%):
  • 308.66 CAD/month
  • 142.46 CAD/bi-weekly
  • 71.23 CAD/week
  • 3,703.91 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: 6,874 ~ 8,174 CAD

compared to leasing a BRAND NEW:

  • Subaru Impreza Convenience Sedan
  • for 30 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 384
This Contract (CAD/month) 273
Monthly Difference 111 CAD/month
Remaining Term x 34 months
Total Monthly Difference = 3,774 CAD
+ Cash Incentive** (CAD) + 1,500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 6,874 ~ 8,174
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 18,134 CAD
  • Total Vehicle Debt: 24,253 CAD
  • Paid so Far: 4,619 CAD (19% Paid)
  • Remaining Lease Payments: 9,287 CAD
  • Residual Value: 10,347 CAD
  • Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 4,619 CAD Total Vehicle Value: 24,253 CAD
19% Paid
81%
Vehicle Debt Breakdown
Downpayment: 795 CAD Remaining Term: 9,287 CAD
Term Paid so Far: 3,824 CAD Residual Value: 10,347 CAD
3%
16%
38%
43%
Cost to Own
Already Paid: 4,619 CAD (19%)
Cash Incentive: 1,500 CAD Buyout Price Today: 18,134 CAD
19% Paid
6%
75%
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: 18,134 CAD

  • 4.9%Interest Rate x 48 months
  • 417 CAD/month + tax
  • Total Payable: 20,006 CAD
  • Total Interest: 1,872 CAD
  • 8.9%Interest Rate x 48 months
  • 450 CAD/month + tax
  • Total Payable: 21,620 CAD
  • Total Interest: 3,485 CAD
  • 14.9%Interest Rate x 48 months
  • 504 CAD/month + tax
  • Total Payable: 24,181 CAD
  • Total Interest: 6,047 CAD

At the end of the Lease Contract

Residual Value: 10,347 CAD (in 34 months)

  • 4.9%Interest Rate x 48 months
  • 238 CAD/month + tax
  • Total Payable: 11,415 CAD
  • Total Interest: 1,068 CAD
  • 8.9%Interest Rate x 48 months
  • 257 CAD/month + tax
  • Total Payable: 12,336 CAD
  • Total Interest: 1,989 CAD
  • 14.9%Interest Rate x 48 months
  • 287 CAD/month + tax
  • Total Payable: 13,797 CAD
  • Total Interest: 3,450 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)
11.62
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
Time Analysis
Cost per day: (CAD)
7.53
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
Remaining Km
Can be driven up to:
454.75
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD

Similar Listings in Ottawa

CAD/month x 33 months
2023 Tesla Standard Range Plus (ID: #50395)
702
Ottawa,ON
2023 Tesla

Standard Range Plus Automatique 2WD

Payment Details
  • Current Payment: 702 CAD/month + tax
  • Months to End: 33 months (Feb, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 20,000 km total
  • Available Now: 21,818 km/year (1,818 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details