Payment Analysis

602.00CAD/monthin Langley, BC
    Before Taxes:
  • 602.00 CAD/month
  • 277.85 CAD/bi-weekly
  • 138.92 CAD/week
  • 7,224.00 CAD/year
Incl. B.C. Taxes (12%):
  • 674.24 CAD/month
  • 311.19 CAD/bi-weekly
  • 155.59 CAD/week
  • 8,090.88 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: 32,950 CAD
  • Total Vehicle Debt: 54,612 CAD
  • Paid so Far: 21,662 CAD (39% Paid)
  • Remaining Lease Payments: 16,856 CAD
  • Residual Value: 16,094 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 21,662 CAD Total Vehicle Value: 54,612 CAD
39% Paid
61%
Vehicle Debt Breakdown
Downpayment: 3,000 CAD Remaining Term: 16,856 CAD
Term Paid so Far: 18,662 CAD Residual Value: 16,094 CAD
5%
34%
31%
30%
Cost to Own
Already Paid: 21,662 CAD (39%)
Cash Incentive: 0 CAD Buyout Price Today: 32,950 CAD
39% Paid
0%
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: 32,950 CAD

  • 4.9%Interest Rate x 48 months
  • 757 CAD/month + tax
  • Total Payable: 36,352 CAD
  • Total Interest: 3,402 CAD
  • 8.9%Interest Rate x 48 months
  • 818 CAD/month + tax
  • Total Payable: 39,283 CAD
  • Total Interest: 6,333 CAD
  • 14.9%Interest Rate x 48 months
  • 915 CAD/month + tax
  • Total Payable: 43,937 CAD
  • Total Interest: 10,987 CAD

At the end of the Lease Contract

Residual Value: 16,094 CAD (in 28 months)

  • 4.9%Interest Rate x 48 months
  • 370 CAD/month + tax
  • Total Payable: 17,755 CAD
  • Total Interest: 1,661 CAD
  • 8.9%Interest Rate x 48 months
  • 400 CAD/month + tax
  • Total Payable: 19,187 CAD
  • Total Interest: 3,093 CAD
  • 14.9%Interest Rate x 48 months
  • 447 CAD/month + tax
  • Total Payable: 21,460 CAD
  • Total Interest: 5,366 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)
34.38
  • + tax
  • + fuel
  • + insurance
(or 0.34CAD per km)
  • 36.12CAD/100km (Original Contract back in Dec, 2016)
Time Analysis
Cost per day: (CAD)
19.79
  • + tax
  • + insurance
  • + km driven & fuel
(0.12CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
404.12
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 384.62km/week (Contract Original back in Dec, 2016)

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