Payment Analysis

396.52CAD/monthin Kitchener, ON
    Before Taxes:
  • 396.52 CAD/month
  • 183.01 CAD/bi-weekly
  • 91.50 CAD/week
  • 4,758.24 CAD/year
Incl. Ontario Taxes (13%):
  • 448.07 CAD/month
  • 206.80 CAD/bi-weekly
  • 103.40 CAD/week
  • 5,376.81 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: 18,821 CAD
  • Total Vehicle Debt: 31,880 CAD
  • Paid so Far: 12,559 CAD (39% Paid)
  • Remaining Lease Payments: 7,137 CAD
  • Residual Value: 12,184 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 12,559 CAD Total Vehicle Value: 31,880 CAD
39% Paid
61%
Vehicle Debt Breakdown
Downpayment: 664 CAD Remaining Term: 7,137 CAD
Term Paid so Far: 11,896 CAD Residual Value: 12,184 CAD
2%
37%
22%
39%
Cost to Own
Already Paid: 12,559 CAD (39%)
Cash Incentive: 500 CAD Buyout Price Today: 18,821 CAD
39% Paid
1%
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: 18,821 CAD

  • 4.9%Interest Rate x 48 months
  • 433 CAD/month + tax
  • Total Payable: 20,764 CAD
  • Total Interest: 1,943 CAD
  • 8.9%Interest Rate x 48 months
  • 467 CAD/month + tax
  • Total Payable: 22,438 CAD
  • Total Interest: 3,617 CAD
  • 14.9%Interest Rate x 48 months
  • 523 CAD/month + tax
  • Total Payable: 25,097 CAD
  • Total Interest: 6,276 CAD

At the end of the Lease Contract

Residual Value: 12,184 CAD (in 18 months)

  • 4.9%Interest Rate x 48 months
  • 280 CAD/month + tax
  • Total Payable: 13,441 CAD
  • Total Interest: 1,258 CAD
  • 8.9%Interest Rate x 48 months
  • 303 CAD/month + tax
  • Total Payable: 14,525 CAD
  • Total Interest: 2,342 CAD
  • 14.9%Interest Rate x 48 months
  • 338 CAD/month + tax
  • Total Payable: 16,246 CAD
  • Total Interest: 4,063 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)
9.24
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 9.94CAD/100km (TODAY without the Cash Incentive)
  • 23.79CAD/100km (Original Contract back in Oct, 2018)
Time Analysis
Cost per day: (CAD)
12.12
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 13.04CAD/day (Original Contract back in Oct, 2018)
Remaining Km
Can be driven up to:
920.51
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Oct, 2018)

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