Payment Analysis

575.00CAD/monthin Montréal, QC
    Before Taxes:
  • 575.00 CAD/month
  • 265.38 CAD/bi-weekly
  • 132.69 CAD/week
  • 6,900.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 661.14 CAD/month
  • 305.14 CAD/bi-weekly
  • 152.57 CAD/week
  • 7,933.62 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: 10,940 ~ 11,340 CAD

compared to leasing a BRAND NEW:

  • Subaru WRX STI Sport with Tailgate & Manual Transmission
  • for 24 months (please, note this contract is for about a year)
  • in Québec
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 744
This Contract (CAD/month) 575
Monthly Difference 169 CAD/month
Remaining Term x 60 months
Total Monthly Difference = 10,140 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 10,940 ~ 11,340

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 55,020 CAD
  • Total Vehicle Debt: 48,120 CAD
  • Paid so Far: -6,900 CAD (-15% Paid)
  • Remaining Lease Payments: 34,500 CAD
  • Residual Value: 20,520 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -6,900 CAD Total Vehicle Value: 48,120 CAD
-15% Paid
115%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 34,500 CAD
Term Paid so Far: -6,900 CAD Residual Value: 20,520 CAD
0%
-15%
72%
43%
Cost to Own
Already Paid: -6,900 CAD (-15%)
Cash Incentive: 0 CAD Buyout Price Today: 55,020 CAD
-15% Paid
0%
115%
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: 55,020 CAD

  • 4.9%Interest Rate x 48 months
  • 1,265 CAD/month + tax
  • Total Payable: 60,700 CAD
  • Total Interest: 5,680 CAD
  • 8.9%Interest Rate x 48 months
  • 1,367 CAD/month + tax
  • Total Payable: 65,595 CAD
  • Total Interest: 10,575 CAD
  • 14.9%Interest Rate x 48 months
  • 1,528 CAD/month + tax
  • Total Payable: 73,366 CAD
  • Total Interest: 18,346 CAD

At the end of the Lease Contract

Residual Value: 20,520 CAD (in 60 months)

  • 4.9%Interest Rate x 48 months
  • 472 CAD/month + tax
  • Total Payable: 22,638 CAD
  • Total Interest: 2,118 CAD
  • 8.9%Interest Rate x 48 months
  • 510 CAD/month + tax
  • Total Payable: 24,464 CAD
  • Total Interest: 3,944 CAD
  • 14.9%Interest Rate x 48 months
  • 570 CAD/month + tax
  • Total Payable: 27,362 CAD
  • Total Interest: 6,842 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)
127.78
  • + tax
  • + fuel
  • + insurance
(or 1.28CAD per km)
Time Analysis
Cost per day: (CAD)
18.90
  • + tax
  • + insurance
  • + km driven & fuel
(0.05CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
103.85
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD

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