Payment Analysis

424.60CAD/monthin Oakville, ON
    Before Taxes:
  • 424.60 CAD/month
  • 195.97 CAD/bi-weekly
  • 97.98 CAD/week
  • 5,095.20 CAD/year
Incl. Ontario Taxes (13%):
  • 479.80 CAD/month
  • 221.45 CAD/bi-weekly
  • 110.72 CAD/week
  • 5,757.58 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: 20,845 CAD
  • Total Vehicle Debt: 33,158 CAD
  • Paid so Far: 12,313 CAD (37% Paid)
  • Remaining Lease Payments: 8,067 CAD
  • Residual Value: 12,778 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 12,313 CAD Total Vehicle Value: 33,158 CAD
37% Paid
63%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 8,067 CAD
Term Paid so Far: 12,313 CAD Residual Value: 12,778 CAD
0%
37%
24%
39%
Cost to Own
Already Paid: 12,313 CAD (37%)
Cash Incentive: 0 CAD Buyout Price Today: 20,845 CAD
37% Paid
0%
63%
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: 20,845 CAD

  • 4.9%Interest Rate x 48 months
  • 479 CAD/month + tax
  • Total Payable: 22,997 CAD
  • Total Interest: 2,152 CAD
  • 8.9%Interest Rate x 48 months
  • 518 CAD/month + tax
  • Total Payable: 24,851 CAD
  • Total Interest: 4,006 CAD
  • 14.9%Interest Rate x 48 months
  • 579 CAD/month + tax
  • Total Payable: 27,796 CAD
  • Total Interest: 6,951 CAD

At the end of the Lease Contract

Residual Value: 12,778 CAD (in 19 months)

  • 4.9%Interest Rate x 48 months
  • 294 CAD/month + tax
  • Total Payable: 14,097 CAD
  • Total Interest: 1,319 CAD
  • 8.9%Interest Rate x 48 months
  • 317 CAD/month + tax
  • Total Payable: 15,234 CAD
  • Total Interest: 2,456 CAD
  • 14.9%Interest Rate x 48 months
  • 355 CAD/month + tax
  • Total Payable: 17,038 CAD
  • Total Interest: 4,261 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)
10.99
  • + tax
  • + fuel
  • + insurance
(or 0.11CAD per km)
  • 25.48CAD/100km (Original Contract back in Oct, 2018)
Time Analysis
Cost per day: (CAD)
13.96
  • + tax
  • + insurance
  • + km driven & fuel
(0.17CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
891.50
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Oct, 2018)

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