Payment Analysis

365.55CAD/monthin Montreal, QC
    Before Taxes:
  • 365.55 CAD/month
  • 168.72 CAD/bi-weekly
  • 84.36 CAD/week
  • 4,386.60 CAD/year
Incl. Québec Taxes (14.98%):
  • 420.31 CAD/month
  • 193.99 CAD/bi-weekly
  • 96.99 CAD/week
  • 5,043.71 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: 5,230 ~ 6,530 CAD

compared to leasing a BRAND NEW:

  • Subaru WRX
  • for 39 months
  • in Quebec
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 530
This Contract (CAD/month) 366
Monthly Difference 165 CAD/month
Remaining Term x 22 months
Total Monthly Difference = 3,630 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 5,230 ~ 6,530

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 21,942 CAD
  • Total Vehicle Debt: 31,446 CAD
  • Paid so Far: 9,504 CAD (30% Paid)
  • Remaining Lease Payments: 8,042 CAD
  • Residual Value: 13,900 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 9,504 CAD Total Vehicle Value: 31,446 CAD
30% Paid
70%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 8,042 CAD
Term Paid so Far: 9,504 CAD Residual Value: 13,900 CAD
0%
30%
25%
45%
Cost to Own
Already Paid: 9,504 CAD (30%)
Cash Incentive: 0 CAD Buyout Price Today: 21,942 CAD
30% Paid
0%
70%
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: 21,942 CAD

  • 4.9%Interest Rate x 48 months
  • 504 CAD/month + tax
  • Total Payable: 24,207 CAD
  • Total Interest: 2,265 CAD
  • 8.9%Interest Rate x 48 months
  • 545 CAD/month + tax
  • Total Payable: 26,159 CAD
  • Total Interest: 4,217 CAD
  • 14.9%Interest Rate x 48 months
  • 610 CAD/month + tax
  • Total Payable: 29,259 CAD
  • Total Interest: 7,316 CAD

At the end of the Lease Contract

Residual Value: 13,900 CAD (in 22 months)

  • 4.9%Interest Rate x 48 months
  • 319 CAD/month + tax
  • Total Payable: 15,335 CAD
  • Total Interest: 1,435 CAD
  • 8.9%Interest Rate x 48 months
  • 345 CAD/month + tax
  • Total Payable: 16,572 CAD
  • Total Interest: 2,672 CAD
  • 14.9%Interest Rate x 48 months
  • 386 CAD/month + tax
  • Total Payable: 18,535 CAD
  • Total Interest: 4,635 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)
11.83
  • + tax
  • + fuel
  • + insurance
(or 0.12CAD per km)
  • 21.93CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
12.02
  • + tax
  • + insurance
  • + km driven & fuel
(0.15CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
713.29
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Jun, 2018)

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