Payment Analysis

361.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 361.00 CAD/month
  • 166.62 CAD/bi-weekly
  • 83.31 CAD/week
  • 4,332.00 CAD/year
Incl. Ontario Taxes (13%):
  • 407.93 CAD/month
  • 188.28 CAD/bi-weekly
  • 94.14 CAD/week
  • 4,895.16 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: 9,122 ~ 10,022 CAD

compared to leasing a BRAND NEW:

  • Subaru Impreza
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 580
This Contract (CAD/month) 361
Monthly Difference 219 CAD/month
Remaining Term x 38 months
Total Monthly Difference = 8,322 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 9,122 ~ 10,022

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 28,717 CAD
  • Total Vehicle Debt: 30,995 CAD
  • Paid so Far: 2,278 CAD (7% Paid)
  • Remaining Lease Payments: 13,718 CAD
  • Residual Value: 14,999 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 2,278 CAD Total Vehicle Value: 30,995 CAD
7% Paid
93%
Vehicle Debt Breakdown
Downpayment: 3,000 CAD Remaining Term: 13,718 CAD
Term Paid so Far: -722 CAD Residual Value: 14,999 CAD
9%
-2%
44%
49%
Cost to Own
Already Paid: 2,278 CAD (7%)
Cash Incentive: 0 CAD Buyout Price Today: 28,717 CAD
7% Paid
0%
93%
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: 28,717 CAD

  • 4.9%Interest Rate x 48 months
  • 660 CAD/month + tax
  • Total Payable: 31,682 CAD
  • Total Interest: 2,965 CAD
  • 8.9%Interest Rate x 48 months
  • 713 CAD/month + tax
  • Total Payable: 34,237 CAD
  • Total Interest: 5,520 CAD
  • 14.9%Interest Rate x 48 months
  • 798 CAD/month + tax
  • Total Payable: 38,293 CAD
  • Total Interest: 9,576 CAD

At the end of the Lease Contract

Residual Value: 14,999 CAD (in 38 months)

  • 4.9%Interest Rate x 48 months
  • 345 CAD/month + tax
  • Total Payable: 16,547 CAD
  • Total Interest: 1,548 CAD
  • 8.9%Interest Rate x 48 months
  • 373 CAD/month + tax
  • Total Payable: 17,882 CAD
  • Total Interest: 2,883 CAD
  • 14.9%Interest Rate x 48 months
  • 417 CAD/month + tax
  • Total Payable: 20,000 CAD
  • Total Interest: 5,001 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)
28.77
  • + tax
  • + fuel
  • + insurance
(or 0.29CAD per km)
Time Analysis
Cost per day: (CAD)
11.87
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
289.54
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

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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