Payment Analysis

300.00CAD/monthin Brampton, ON
    Before Taxes:
  • 300.00 CAD/month
  • 138.46 CAD/bi-weekly
  • 69.23 CAD/week
  • 3,600.00 CAD/year
Incl. Ontario Taxes (13%):
  • 339.00 CAD/month
  • 156.46 CAD/bi-weekly
  • 78.23 CAD/week
  • 4,068.00 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: 24,000 CAD
  • Total Vehicle Debt: 40,000 CAD
  • Paid so Far: 13,500 CAD (33% Paid)
  • Remaining Lease Payments: 3,900 CAD
  • Residual Value: 22,600 CAD
  • Cash Incentive: 2,500 CAD
Vehicle Debt & Value
Paid so far: 13,500 CAD Total Vehicle Value: 40,000 CAD
33% Paid
67%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,900 CAD
Term Paid so Far: 13,500 CAD Residual Value: 22,600 CAD
0%
33%
9%
58%
Cost to Own
Already Paid: 13,500 CAD (33%)
Cash Incentive: 2,500 CAD Buyout Price Today: 24,000 CAD
33% Paid
6%
61%
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: 24,000 CAD

  • 4.9%Interest Rate x 48 months
  • 552 CAD/month + tax
  • Total Payable: 26,478 CAD
  • Total Interest: 2,478 CAD
  • 8.9%Interest Rate x 48 months
  • 596 CAD/month + tax
  • Total Payable: 28,613 CAD
  • Total Interest: 4,613 CAD
  • 14.9%Interest Rate x 48 months
  • 667 CAD/month + tax
  • Total Payable: 32,003 CAD
  • Total Interest: 8,003 CAD

At the end of the Lease Contract

Residual Value: 22,600 CAD (in 13 months)

  • 4.9%Interest Rate x 48 months
  • 519 CAD/month + tax
  • Total Payable: 24,933 CAD
  • Total Interest: 2,333 CAD
  • 8.9%Interest Rate x 48 months
  • 561 CAD/month + tax
  • Total Payable: 26,944 CAD
  • Total Interest: 4,344 CAD
  • 14.9%Interest Rate x 48 months
  • 628 CAD/month + tax
  • Total Payable: 30,136 CAD
  • Total Interest: 7,536 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)
2.28
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,500CAD incentive)
  • 6.36CAD/100km (TODAY without the Cash Incentive)
  • 22.50CAD/100km (Original Contract back in May, 2018)
Time Analysis
Cost per day: (CAD)
3.54
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,500CAD incentive)
  • 9.86CAD/day (Original Contract back in May, 2018)
Remaining Km
Can be driven up to:
1,088.76
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 307.69km/week (Contract Original back in May, 2018)

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