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: 8,930 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 47 months
Total Monthly Difference = 8,930 CAD
Total Savings (CAD) = 8,930

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 42,446 CAD
  • Total Vehicle Debt: 50,446 CAD
  • Paid so Far: 8,000 CAD (15% Paid)
  • Remaining Lease Payments: 24,469 CAD
  • Residual Value: 17,978 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,000 CAD Total Vehicle Value: 50,446 CAD
15% Paid
85%
Vehicle Debt Breakdown
Downpayment: 8,000 CAD Remaining Term: 24,469 CAD
Term Paid so Far: 0 CAD Residual Value: 17,978 CAD
15%
0%
48%
37%
Cost to Own
Already Paid: 8,000 CAD (15%)
Cash Incentive: 0 CAD Buyout Price Today: 42,446 CAD
15% Paid
0%
85%
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: 42,446 CAD

  • 4.9%Interest Rate x 48 months
  • 976 CAD/month + tax
  • Total Payable: 46,828 CAD
  • Total Interest: 4,382 CAD
  • 8.9%Interest Rate x 48 months
  • 1,054 CAD/month + tax
  • Total Payable: 50,604 CAD
  • Total Interest: 8,158 CAD
  • 14.9%Interest Rate x 48 months
  • 1,179 CAD/month + tax
  • Total Payable: 56,600 CAD
  • Total Interest: 14,153 CAD

At the end of the Lease Contract

Residual Value: 17,978 CAD (in 47 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)

Distance Analysis
Cost to drive 100km: (CAD)
47.17
  • + tax
  • + fuel
  • + insurance
(or 0.47CAD per km)
Time Analysis
Cost per day: (CAD)
17.12
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
254.69
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD

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