Payment Analysis

403.20CAD/monthin Montreal, QC
    Before Taxes:
  • 403.20 CAD/month
  • 186.09 CAD/bi-weekly
  • 93.05 CAD/week
  • 4,838.40 CAD/year
Incl. Québec Taxes (14.98%):
  • 463.60 CAD/month
  • 213.97 CAD/bi-weekly
  • 106.98 CAD/week
  • 5,563.19 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: 4,255 ~ 5,555 CAD

compared to leasing a BRAND NEW:

  • MINI COOPER 3 DOOR CLASSIC
  • for 24 months
  • in QC
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 580
This Contract (CAD/month) 403
Monthly Difference 177 CAD/month
Remaining Term x 15 months
Total Monthly Difference = 2,655 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 4,255 ~ 5,555

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 19,338 CAD
  • Total Vehicle Debt: 32,644 CAD
  • Paid so Far: 13,306 CAD (40% Paid)
  • Remaining Lease Payments: 6,048 CAD
  • Residual Value: 13,290 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 13,306 CAD Total Vehicle Value: 32,644 CAD
40% Paid
60%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,048 CAD
Term Paid so Far: 13,306 CAD Residual Value: 13,290 CAD
0%
40%
18%
42%
Cost to Own
Already Paid: 13,306 CAD (40%)
Cash Incentive: 0 CAD Buyout Price Today: 19,338 CAD
40% Paid
0%
60%
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: 19,338 CAD

  • 4.9%Interest Rate x 48 months
  • 444 CAD/month + tax
  • Total Payable: 21,334 CAD
  • Total Interest: 1,996 CAD
  • 8.9%Interest Rate x 48 months
  • 480 CAD/month + tax
  • Total Payable: 23,055 CAD
  • Total Interest: 3,717 CAD
  • 14.9%Interest Rate x 48 months
  • 537 CAD/month + tax
  • Total Payable: 25,786 CAD
  • Total Interest: 6,448 CAD

At the end of the Lease Contract

Residual Value: 13,290 CAD (in 15 months)

  • 4.9%Interest Rate x 48 months
  • 305 CAD/month + tax
  • Total Payable: 14,662 CAD
  • Total Interest: 1,372 CAD
  • 8.9%Interest Rate x 48 months
  • 330 CAD/month + tax
  • Total Payable: 15,844 CAD
  • Total Interest: 2,554 CAD
  • 14.9%Interest Rate x 48 months
  • 369 CAD/month + tax
  • Total Payable: 17,721 CAD
  • Total Interest: 4,431 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)
13.01
  • + tax
  • + fuel
  • + insurance
(or 0.13CAD per km)
  • 40.32CAD/100km (Original Contract back in Jan, 2019)
Time Analysis
Cost per day: (CAD)
13.26
  • + tax
  • + insurance
  • + km driven & fuel
(0.22CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
715.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 230.77km/week (Contract Original back in Jan, 2019)

Similar Listings in Montreal

+ 10,000 cash
SAVE ~7,100 CAD
CAD/month x 30 months
2019 Mercedes-Benz C300 (ID: #51897)
837
Montreal, QC
2019 Mercedes-Benz

C300 Automatique AWD Amg pack

Payment Details
  • Current Payment: 837 CAD/month + tax
  • Required Payment: 10,000 CAD
  • Payment Including Incentive: 1,170 CAD/month + tax
  • Original Downpayment: 10,000 CAD
  • Residual Value: 17,000 CAD
  • Months to End: 30 months (Nov, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 55,000 km total
  • Available Now: 10,000 km/year (833 per month)
Deal Special Perks
  • Hot Lease Takeover Deal
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details