Payment Analysis

525.00CAD/monthin Mississauga, ON
    Before Taxes:
  • 525.00 CAD/month
  • 242.31 CAD/bi-weekly
  • 121.15 CAD/week
  • 6,300.00 CAD/year
Incl. Ontario Taxes (13%):
  • 593.25 CAD/month
  • 273.81 CAD/bi-weekly
  • 136.90 CAD/week
  • 7,119.00 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: 44,225 CAD
  • Total Vehicle Debt: 54,200 CAD
  • Paid so Far: 9,975 CAD (18% Paid)
  • Remaining Lease Payments: 15,225 CAD
  • Residual Value: 29,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 9,975 CAD Total Vehicle Value: 54,200 CAD
18% Paid
82%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 15,225 CAD
Term Paid so Far: 9,975 CAD Residual Value: 29,000 CAD
0%
18%
28%
54%
Cost to Own
Already Paid: 9,975 CAD (18%)
Cash Incentive: 0 CAD Buyout Price Today: 44,225 CAD
18% Paid
0%
82%
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: 44,225 CAD

  • 4.9%Interest Rate x 48 months
  • 1,016 CAD/month + tax
  • Total Payable: 48,790 CAD
  • Total Interest: 4,565 CAD
  • 8.9%Interest Rate x 48 months
  • 1,098 CAD/month + tax
  • Total Payable: 52,725 CAD
  • Total Interest: 8,500 CAD
  • 14.9%Interest Rate x 48 months
  • 1,229 CAD/month + tax
  • Total Payable: 58,972 CAD
  • Total Interest: 14,747 CAD

At the end of the Lease Contract

Residual Value: 29,000 CAD (in 29 months)

  • 4.9%Interest Rate x 48 months
  • 667 CAD/month + tax
  • Total Payable: 31,994 CAD
  • Total Interest: 2,994 CAD
  • 8.9%Interest Rate x 48 months
  • 720 CAD/month + tax
  • Total Payable: 34,574 CAD
  • Total Interest: 5,574 CAD
  • 14.9%Interest Rate x 48 months
  • 806 CAD/month + tax
  • Total Payable: 38,670 CAD
  • Total Interest: 9,670 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)
20.86
  • + tax
  • + fuel
  • + insurance
(or 0.21CAD per km)
  • 26.25CAD/100km (Original Contract back in Dec, 2017)
Time Analysis
Cost per day: (CAD)
17.26
  • + tax
  • + insurance
  • + km driven & fuel
(0.11CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
580.90
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 461.54km/week (Contract Original back in Dec, 2017)

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