Subaru Lease Takeover in Toronto, ON: 2018 Subaru WRX Sport Tech CVT AWD ID:#4942

Payment Analysis

520.61CAD/monthin Toronto, ON

Before Taxes:

520.61 CAD/month
240.28 CAD/bi-weekly
120.14 CAD/week
6,247.32 CAD/year

Incl. Ontario Taxes (13%):

588.29 CAD/month
271.52 CAD/bi-weekly
135.76 CAD/week
7,059.47 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

With this deal, you are saving: 10,640 CAD

compared to leasing a BRAND NEW:

Subaru WRX Sport Tech
for 30 months
in Ontario
$0 down payment
20,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	710
This Contract (CAD/month)	521
Monthly Difference	190 CAD/month
Remaining Term	x 56 months
Total Monthly Difference	= 10,640 CAD
Total Savings (CAD)	= 10,640

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 47,132 CAD

Total Vehicle Debt: 50,446 CAD
Paid so Far: 3,315 CAD (6% Paid)
Remaining Lease Payments: 29,154 CAD
Residual Value: 17,978 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 3,315 CAD Total Vehicle Value: 50,446 CAD

6% Paid

94%

Vehicle Debt Breakdown

Downpayment: 8,000 CAD Remaining Term: 29,154 CAD

Term Paid so Far: -4,685 CAD Residual Value: 17,978 CAD

14%

-8%

58%

36%

Cost to Own

Already Paid: 3,315 CAD (6%)

Cash Incentive: 0 CAD Buyout Price Today: 47,132 CAD

6% Paid

94%

Additional Financing Details

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: 47,132 CAD

4.9%Interest Rate x 48 months
1,083 CAD/month + tax
Total Payable: 51,997 CAD
Total Interest: 4,866 CAD

8.9%Interest Rate x 48 months
1,171 CAD/month + tax
Total Payable: 56,191 CAD
Total Interest: 9,059 CAD

14.9%Interest Rate x 48 months
1,309 CAD/month + tax
Total Payable: 62,847 CAD
Total Interest: 15,716 CAD

At the end of the Lease Contract

Residual Value: 17,978 CAD (in 56 months)

4.9%Interest Rate x 48 months
413 CAD/month + tax
Total Payable: 19,833 CAD
Total Interest: 1,856 CAD

8.9%Interest Rate x 48 months
447 CAD/month + tax
Total Payable: 21,433 CAD
Total Interest: 3,455 CAD

14.9%Interest Rate x 48 months
499 CAD/month + tax
Total Payable: 23,972 CAD
Total Interest: 5,994 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)