Payment Analysis

495.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 495.00 CAD/month
  • 228.46 CAD/bi-weekly
  • 114.23 CAD/week
  • 5,940.00 CAD/year
Incl. Ontario Taxes (13%):
  • 559.35 CAD/month
  • 258.16 CAD/bi-weekly
  • 129.08 CAD/week
  • 6,712.20 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: 20,919 CAD
  • Total Vehicle Debt: 38,299 CAD
  • Paid so Far: 12,880 CAD (33% Paid)
  • Remaining Lease Payments: 13,860 CAD
  • Residual Value: 11,559 CAD
  • Cash Incentive: 4,500 CAD
Vehicle Debt & Value
Paid so far: 12,880 CAD Total Vehicle Value: 38,299 CAD
33% Paid
67%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 13,860 CAD
Term Paid so Far: 11,880 CAD Residual Value: 11,559 CAD
2%
31%
36%
31%
Cost to Own
Already Paid: 12,880 CAD (33%)
Cash Incentive: 4,500 CAD Buyout Price Today: 20,919 CAD
33% Paid
11%
56%
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: 20,919 CAD

  • 4.9%Interest Rate x 48 months
  • 481 CAD/month + tax
  • Total Payable: 23,079 CAD
  • Total Interest: 2,160 CAD
  • 8.9%Interest Rate x 48 months
  • 520 CAD/month + tax
  • Total Payable: 24,940 CAD
  • Total Interest: 4,021 CAD
  • 14.9%Interest Rate x 48 months
  • 581 CAD/month + tax
  • Total Payable: 27,895 CAD
  • Total Interest: 6,975 CAD

At the end of the Lease Contract

Residual Value: 11,559 CAD (in 28 months)

  • 4.9%Interest Rate x 48 months
  • 266 CAD/month + tax
  • Total Payable: 12,752 CAD
  • Total Interest: 1,193 CAD
  • 8.9%Interest Rate x 48 months
  • 287 CAD/month + tax
  • Total Payable: 13,781 CAD
  • Total Interest: 2,222 CAD
  • 14.9%Interest Rate x 48 months
  • 321 CAD/month + tax
  • Total Payable: 15,414 CAD
  • Total Interest: 3,854 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)
15.40
  • + tax
  • + fuel
  • + insurance
(inlcuding the 4,500CAD incentive)
  • 22.81CAD/100km (TODAY without the Cash Incentive)
  • 29.70CAD/100km (Original Contract back in Apr, 2019)
Time Analysis
Cost per day: (CAD)
10.99
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 4,500CAD incentive)
  • 16.27CAD/day (Original Contract back in Apr, 2019)
Remaining Km
Can be driven up to:
500.82
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD
  • 384.62km/week (Contract Original back in Apr, 2019)

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