Payment Analysis

600.00CAD/monthin Winnipeg, MB
    Before Taxes:
  • 600.00 CAD/month
  • 276.92 CAD/bi-weekly
  • 138.46 CAD/week
  • 7,200.00 CAD/year
Incl. Manitoba Taxes (13%):
  • 678.00 CAD/month
  • 312.92 CAD/bi-weekly
  • 156.46 CAD/week
  • 8,136.00 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: 25,300 CAD
  • Total Vehicle Debt: 55,000 CAD
  • Paid so Far: 29,200 CAD (53% Paid)
  • Remaining Lease Payments: 7,800 CAD
  • Residual Value: 18,000 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 29,200 CAD Total Vehicle Value: 55,000 CAD
53% Paid
47%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 7,800 CAD
Term Paid so Far: 28,200 CAD Residual Value: 18,000 CAD
1%
52%
14%
33%
Cost to Own
Already Paid: 29,200 CAD (53%)
Cash Incentive: 500 CAD Buyout Price Today: 25,300 CAD
53% Paid
0%
47%
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: 25,300 CAD

  • 4.9%Interest Rate x 48 months
  • 581 CAD/month + tax
  • Total Payable: 27,912 CAD
  • Total Interest: 2,612 CAD
  • 8.9%Interest Rate x 48 months
  • 628 CAD/month + tax
  • Total Payable: 30,163 CAD
  • Total Interest: 4,863 CAD
  • 14.9%Interest Rate x 48 months
  • 703 CAD/month + tax
  • Total Payable: 33,736 CAD
  • Total Interest: 8,436 CAD

At the end of the Lease Contract

Residual Value: 18,000 CAD (in 13 months)

  • 4.9%Interest Rate x 48 months
  • 414 CAD/month + tax
  • Total Payable: 19,858 CAD
  • Total Interest: 1,858 CAD
  • 8.9%Interest Rate x 48 months
  • 447 CAD/month + tax
  • Total Payable: 21,460 CAD
  • Total Interest: 3,460 CAD
  • 14.9%Interest Rate x 48 months
  • 500 CAD/month + tax
  • Total Payable: 24,002 CAD
  • Total Interest: 6,002 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)
9.24
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 9.87CAD/100km (TODAY without the Cash Incentive)
  • 36.00CAD/100km (Original Contract back in Mar, 2018)
Time Analysis
Cost per day: (CAD)
18.46
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 19.73CAD/day (Original Contract back in Mar, 2018)
Remaining Km
Can be driven up to:
1,402.37
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 384.62km/week (Contract Original back in Mar, 2018)