Payment Analysis

520.00CAD/monthin Hamilton, ON
    Before Taxes:
  • 520.00 CAD/month
  • 240.00 CAD/bi-weekly
  • 120.00 CAD/week
  • 6,240.00 CAD/year
Incl. Ontario Taxes (13%):
  • 587.60 CAD/month
  • 271.20 CAD/bi-weekly
  • 135.60 CAD/week
  • 7,051.20 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: 15,520 CAD
  • Total Vehicle Debt: 46,200 CAD
  • Paid so Far: 30,680 CAD (66% Paid)
  • Remaining Lease Payments: 520 CAD
  • Residual Value: 15,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 30,680 CAD Total Vehicle Value: 46,200 CAD
66% Paid
34%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 520 CAD
Term Paid so Far: 30,680 CAD Residual Value: 15,000 CAD
0%
66%
1%
33%
Cost to Own
Already Paid: 30,680 CAD (66%)
Cash Incentive: 0 CAD Buyout Price Today: 15,520 CAD
66% Paid
0%
34%
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: 15,520 CAD

  • 4.9%Interest Rate x 48 months
  • 357 CAD/month + tax
  • Total Payable: 17,122 CAD
  • Total Interest: 1,602 CAD
  • 8.9%Interest Rate x 48 months
  • 385 CAD/month + tax
  • Total Payable: 18,503 CAD
  • Total Interest: 2,983 CAD
  • 14.9%Interest Rate x 48 months
  • 431 CAD/month + tax
  • Total Payable: 20,695 CAD
  • Total Interest: 5,175 CAD

At the end of the Lease Contract

Residual Value: 15,000 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 345 CAD/month + tax
  • Total Payable: 16,548 CAD
  • Total Interest: 1,548 CAD
  • 8.9%Interest Rate x 48 months
  • 373 CAD/month + tax
  • Total Payable: 17,883 CAD
  • Total Interest: 2,883 CAD
  • 14.9%Interest Rate x 48 months
  • 417 CAD/month + tax
  • Total Payable: 20,002 CAD
  • Total Interest: 5,002 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)
0.52
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 31.20CAD/100km (Original Contract back in Mar, 2019)
Time Analysis
Cost per day: (CAD)
17.10
  • + tax
  • + insurance
  • + km driven & fuel
(3.29CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
22,915.38
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Mar, 2019)

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