Payment Analysis

1,500.00CAD/monthin Salmon Arm, BC
    Before Taxes:
  • 1,500.00 CAD/month
  • 692.31 CAD/bi-weekly
  • 346.15 CAD/week
  • 18,000.00 CAD/year
Incl. B.C. Taxes (12%):
  • 1,680.00 CAD/month
  • 775.38 CAD/bi-weekly
  • 387.69 CAD/week
  • 20,160.00 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: 30,001 CAD
  • Total Vehicle Debt: 108,501 CAD
  • Paid so Far: 78,500 CAD (72% Paid)
  • Remaining Lease Payments: 30,000 CAD
  • Residual Value: 1 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 78,500 CAD Total Vehicle Value: 108,501 CAD
72% Paid
28%
Vehicle Debt Breakdown
Downpayment: 20,000 CAD Remaining Term: 30,000 CAD
Term Paid so Far: 58,500 CAD Residual Value: 1 CAD
18%
54%
27%
1%
Cost to Own
Already Paid: 78,500 CAD (72%)
Cash Incentive: 0 CAD Buyout Price Today: 30,001 CAD
72% Paid
0%
28%
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: 30,001 CAD

  • 4.9%Interest Rate x 48 months
  • 690 CAD/month + tax
  • Total Payable: 33,098 CAD
  • Total Interest: 3,097 CAD
  • 8.9%Interest Rate x 48 months
  • 745 CAD/month + tax
  • Total Payable: 35,767 CAD
  • Total Interest: 5,766 CAD
  • 14.9%Interest Rate x 48 months
  • 833 CAD/month + tax
  • Total Payable: 40,005 CAD
  • Total Interest: 10,004 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 20 months)

  • 4.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 8.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 14.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 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)
40.36
  • + tax
  • + fuel
  • + insurance
(or 0.40CAD per km)
  • 90.00CAD/100km (Original Contract back in Jan, 2019)
Time Analysis
Cost per day: (CAD)
49.32
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
857.69
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Jan, 2019)