Payment Analysis

880.00CAD/monthin Niagara Falls, ON
    Before Taxes:
  • 880.00 CAD/month
  • 406.15 CAD/bi-weekly
  • 203.08 CAD/week
  • 10,560.00 CAD/year
Incl. Ontario Taxes (13%):
  • 994.40 CAD/month
  • 458.95 CAD/bi-weekly
  • 229.48 CAD/week
  • 11,932.80 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: 56,800 CAD
  • Total Vehicle Debt: 61,180 CAD
  • Paid so Far: 4,380 CAD (7% Paid)
  • Remaining Lease Payments: 30,800 CAD
  • Residual Value: 26,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 4,380 CAD Total Vehicle Value: 61,180 CAD
7% Paid
93%
Vehicle Debt Breakdown
Downpayment: 3,500 CAD Remaining Term: 30,800 CAD
Term Paid so Far: 880 CAD Residual Value: 26,000 CAD
5%
2%
50%
43%
Cost to Own
Already Paid: 4,380 CAD (7%)
Cash Incentive: 0 CAD Buyout Price Today: 56,800 CAD
7% Paid
0%
93%
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: 56,800 CAD

  • 4.9%Interest Rate x 48 months
  • 1,305 CAD/month + tax
  • Total Payable: 62,664 CAD
  • Total Interest: 5,864 CAD
  • 8.9%Interest Rate x 48 months
  • 1,411 CAD/month + tax
  • Total Payable: 67,717 CAD
  • Total Interest: 10,917 CAD
  • 14.9%Interest Rate x 48 months
  • 1,578 CAD/month + tax
  • Total Payable: 75,740 CAD
  • Total Interest: 18,940 CAD

At the end of the Lease Contract

Residual Value: 26,000 CAD (in 35 months)

  • 4.9%Interest Rate x 48 months
  • 598 CAD/month + tax
  • Total Payable: 28,684 CAD
  • Total Interest: 2,684 CAD
  • 8.9%Interest Rate x 48 months
  • 646 CAD/month + tax
  • Total Payable: 30,997 CAD
  • Total Interest: 4,997 CAD
  • 14.9%Interest Rate x 48 months
  • 722 CAD/month + tax
  • Total Payable: 34,670 CAD
  • Total Interest: 8,670 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)
51.76
  • + tax
  • + fuel
  • + insurance
(or 0.52CAD per km)
Time Analysis
Cost per day: (CAD)
28.93
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
392.31
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

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