Payment Analysis

570.00CAD/monthin Etobicoke, ON
    Before Taxes:
  • 570.00 CAD/month
  • 263.08 CAD/bi-weekly
  • 131.54 CAD/week
  • 6,840.00 CAD/year
Incl. Ontario Taxes (13%):
  • 644.10 CAD/month
  • 297.28 CAD/bi-weekly
  • 148.64 CAD/week
  • 7,729.20 CAD/year

Lease Takeover/Buyout Analysis

The Lease Takeover Analysis "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.

For Leasing Purposes

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 40,261 CAD
  • Total Vehicle Debt: 55,360 CAD
  • Paid so Far: 14,400 CAD (26% Paid)
  • Remaining Lease Payments: 15,960 CAD
  • Residual Value: 25,000 CAD
  • Cash Incentive: 699 CAD
Vehicle Debt & Value
Paid so far: 14,400 CAD Total Vehicle Value: 55,360 CAD
26% Paid
74%
Vehicle Debt Breakdown
Downpayment: 3,000 CAD Remaining Term: 15,960 CAD
Term Paid so Far: 11,400 CAD Residual Value: 25,000 CAD
5%
21%
28%
46%
Cost to Own
Already Paid: 14,400 CAD
Cash Incentive: 699 CAD Buyout Price Today: 40,261 CAD
26% Paid
1%
73%

Finance the remaining Debt Today

Remaining Term + Residual Value: 40,261 CAD

  • 2.9%Interest Rate x 48 months
  • 889 CAD/month + tax
  • Total Payable: 42,690 CAD
  • Total Interest: 2,429 CAD
  • 4.9%Interest Rate x 48 months
  • 925 CAD/month + tax
  • Total Payable: 44,417 CAD
  • Total Interest: 4,156 CAD
  • 5.9%Interest Rate x 48 months
  • 944 CAD/month + tax
  • Total Payable: 45,297 CAD
  • Total Interest: 5,036 CAD

At the end of the Lease Contract

Residual Value: 25,000 CAD (in 28 months)

  • 2.9%Interest Rate x 48 months
  • 552 CAD/month + tax
  • Total Payable: 26,508 CAD
  • Total Interest: 1,508 CAD
  • 4.9%Interest Rate x 48 months
  • 575 CAD/month + tax
  • Total Payable: 27,581 CAD
  • Total Interest: 2,581 CAD
  • 5.9%Interest Rate x 48 months
  • 586 CAD/month + tax
  • Total Payable: 28,127 CAD
  • Total Interest: 3,127 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.

Distance Analysis
Cost to drive 100km: (CAD)
23.55
  • + tax
  • + fuel
  • + insurance
(inlcuding the 699CAD incentive)
  • 24.63CAD/100km (TODAY without the Cash Incentive)
  • 34.20CAD/100km (Original Contract back in Jan, 2018)
Time Analysis
Cost per day: (CAD)
17.92
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 699CAD incentive)
  • 18.74CAD/day (Original Contract back in Jan, 2018)
Remaining Km
Can be driven up to:
534.07
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Jan, 2018)