Payment Analysis

401.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 401.00 CAD/month
  • 185.08 CAD/bi-weekly
  • 92.54 CAD/week
  • 4,812.00 CAD/year
Incl. Ontario Taxes (13%):
  • 453.13 CAD/month
  • 209.14 CAD/bi-weekly
  • 104.57 CAD/week
  • 5,437.56 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: 13,622 CAD
  • Total Vehicle Debt: 34,632 CAD
  • Paid so Far: 20,510 CAD (59% Paid)
  • Remaining Lease Payments: 4,010 CAD
  • Residual Value: 10,112 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 20,510 CAD Total Vehicle Value: 34,632 CAD
59% Paid
41%
Vehicle Debt Breakdown
Downpayment: 460 CAD Remaining Term: 4,010 CAD
Term Paid so Far: 20,050 CAD Residual Value: 10,112 CAD
1%
58%
11%
30%
Cost to Own
Already Paid: 20,510 CAD (59%)
Cash Incentive: 500 CAD Buyout Price Today: 13,622 CAD
59% Paid
1%
40%
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: 13,622 CAD

  • 4.9%Interest Rate x 48 months
  • 313 CAD/month + tax
  • Total Payable: 15,028 CAD
  • Total Interest: 1,406 CAD
  • 8.9%Interest Rate x 48 months
  • 338 CAD/month + tax
  • Total Payable: 16,240 CAD
  • Total Interest: 2,618 CAD
  • 14.9%Interest Rate x 48 months
  • 378 CAD/month + tax
  • Total Payable: 18,164 CAD
  • Total Interest: 4,542 CAD

At the end of the Lease Contract

Residual Value: 10,112 CAD (in 10 months)

  • 4.9%Interest Rate x 48 months
  • 232 CAD/month + tax
  • Total Payable: 11,156 CAD
  • Total Interest: 1,044 CAD
  • 8.9%Interest Rate x 48 months
  • 251 CAD/month + tax
  • Total Payable: 12,056 CAD
  • Total Interest: 1,944 CAD
  • 14.9%Interest Rate x 48 months
  • 281 CAD/month + tax
  • Total Payable: 13,484 CAD
  • Total Interest: 3,372 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)
4.30
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 4.91CAD/100km (TODAY without the Cash Incentive)
  • 24.06CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
11.54
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 13.18CAD/day (Original Contract back in Jun, 2018)
Remaining Km
Can be driven up to:
1,885.38
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Jun, 2018)