Payment Analysis

560.84CAD/monthin Ottawa, ON
    Before Taxes:
  • 560.84 CAD/month
  • 258.85 CAD/bi-weekly
  • 129.42 CAD/week
  • 6,730.08 CAD/year
Incl. Ontario Taxes (13%):
  • 633.75 CAD/month
  • 292.50 CAD/bi-weekly
  • 146.25 CAD/week
  • 7,604.99 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: -1,428 ~ -128 CAD

compared to leasing a BRAND NEW:

  • Subaru Ascent Touring with Captain’s Chairs Automatic Transmission
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 841
This Contract (CAD/month) 561
Monthly Difference 281 CAD/month
Remaining Term x 12 months
Total Monthly Difference = 3,372 CAD
- Required Payment** (CAD) - 6,400
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = -1,428 ~ -128
** The Required Payment from the vehicle owner.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 43,441 CAD
  • Total Vehicle Debt: 43,771 CAD
  • Paid so Far: 6,730 CAD (15% Paid)
  • Remaining Lease Payments: 6,730 CAD
  • Residual Value: 30,311 CAD
  • Required Payment: 6,400 CAD
Vehicle Debt & Value
Paid so far: 6,730 CAD Total Vehicle Value: 43,771 CAD
15% Paid
85%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,730 CAD
Term Paid so Far: 6,730 CAD Residual Value: 30,311 CAD
0%
15%
15%
70%
Cost to Own
Already Paid: 6,730 CAD (15%)
Required Payment: 6,400 CAD (14%)Buyout Price Today: 43,441 CAD
1% Paid
14%
85%
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: 43,441 CAD

  • 4.9%Interest Rate x 48 months
  • 998 CAD/month + tax
  • Total Payable: 47,926 CAD
  • Total Interest: 4,485 CAD
  • 8.9%Interest Rate x 48 months
  • 1,079 CAD/month + tax
  • Total Payable: 51,791 CAD
  • Total Interest: 8,350 CAD
  • 14.9%Interest Rate x 48 months
  • 1,207 CAD/month + tax
  • Total Payable: 57,926 CAD
  • Total Interest: 14,485 CAD

At the end of the Lease Contract

Residual Value: 30,311 CAD (in 12 months)

  • 4.9%Interest Rate x 48 months
  • 697 CAD/month + tax
  • Total Payable: 33,440 CAD
  • Total Interest: 3,129 CAD
  • 8.9%Interest Rate x 48 months
  • 753 CAD/month + tax
  • Total Payable: 36,137 CAD
  • Total Interest: 5,826 CAD
  • 14.9%Interest Rate x 48 months
  • 842 CAD/month + tax
  • Total Payable: 40,418 CAD
  • Total Interest: 10,107 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)
34.55
  • + tax
  • + fuel
  • + insurance
(inlcuding the 6,400CAD incentive)
  • 17.71CAD/100km (TODAY without the Cash Incentive)
  • 33.65CAD/100km (Original Contract back in Oct, 2022)
Time Analysis
Cost per day: (CAD)
35.97
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 6,400CAD incentive)
  • 18.44CAD/day (Original Contract back in Oct, 2022)
Remaining Km
Can be driven up to:
730.77
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Oct, 2022)

Seller Contact Info

This Contract was Already Transferred.

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