Payment Analysis

323.00CAD/monthin London, ON
    Before Taxes:
  • 323.00 CAD/month
  • 149.08 CAD/bi-weekly
  • 74.54 CAD/week
  • 3,876.00 CAD/year
Incl. Ontario Taxes (13%):
  • 364.99 CAD/month
  • 168.46 CAD/bi-weekly
  • 84.23 CAD/week
  • 4,379.88 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: 20,782 CAD
  • Total Vehicle Debt: 26,804 CAD
  • Paid so Far: 6,022 CAD (22% Paid)
  • Remaining Lease Payments: 10,982 CAD
  • Residual Value: 9,800 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 6,022 CAD Total Vehicle Value: 26,804 CAD
22% Paid
78%
Vehicle Debt Breakdown
Downpayment: 1,500 CAD Remaining Term: 10,982 CAD
Term Paid so Far: 4,522 CAD Residual Value: 9,800 CAD
5%
17%
41%
37%
Cost to Own
Already Paid: 6,022 CAD (22%)
Cash Incentive: 0 CAD Buyout Price Today: 20,782 CAD
22% Paid
0%
78%
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: 20,782 CAD

  • 4.9%Interest Rate x 48 months
  • 478 CAD/month + tax
  • Total Payable: 22,927 CAD
  • Total Interest: 2,145 CAD
  • 8.9%Interest Rate x 48 months
  • 516 CAD/month + tax
  • Total Payable: 24,776 CAD
  • Total Interest: 3,994 CAD
  • 14.9%Interest Rate x 48 months
  • 577 CAD/month + tax
  • Total Payable: 27,712 CAD
  • Total Interest: 6,930 CAD

At the end of the Lease Contract

Residual Value: 9,800 CAD (in 34 months)

  • 4.9%Interest Rate x 48 months
  • 225 CAD/month + tax
  • Total Payable: 10,812 CAD
  • Total Interest: 1,012 CAD
  • 8.9%Interest Rate x 48 months
  • 243 CAD/month + tax
  • Total Payable: 11,684 CAD
  • Total Interest: 1,884 CAD
  • 14.9%Interest Rate x 48 months
  • 272 CAD/month + tax
  • Total Payable: 13,068 CAD
  • Total Interest: 3,268 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)
15.41
  • + tax
  • + fuel
  • + insurance
(or 0.15CAD per km)
  • 19.38CAD/100km (Original Contract back in Aug, 2018)
Time Analysis
Cost per day: (CAD)
10.62
  • + tax
  • + insurance
  • + km driven & fuel
(0.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
483.60
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Aug, 2018)