Payment Analysis

299.33CAD/monthin Ottawa, ON
    Before Taxes:
  • 299.33 CAD/month
  • 138.15 CAD/bi-weekly
  • 69.08 CAD/week
  • 3,591.96 CAD/year
Incl. Ontario Taxes (13%):
  • 338.24 CAD/month
  • 156.11 CAD/bi-weekly
  • 78.06 CAD/week
  • 4,058.91 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: 15,596 CAD
  • Total Vehicle Debt: 23,879 CAD
  • Paid so Far: 7,783 CAD (32% Paid)
  • Remaining Lease Payments: 6,585 CAD
  • Residual Value: 9,511 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 7,783 CAD Total Vehicle Value: 23,879 CAD
32% Paid
68%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,585 CAD
Term Paid so Far: 7,783 CAD Residual Value: 9,511 CAD
0%
32%
27%
41%
Cost to Own
Already Paid: 7,783 CAD (32%)
Cash Incentive: 500 CAD Buyout Price Today: 15,596 CAD
32% Paid
2%
66%
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: 15,596 CAD

  • 4.9%Interest Rate x 48 months
  • 358 CAD/month + tax
  • Total Payable: 17,206 CAD
  • Total Interest: 1,610 CAD
  • 8.9%Interest Rate x 48 months
  • 387 CAD/month + tax
  • Total Payable: 18,594 CAD
  • Total Interest: 2,998 CAD
  • 14.9%Interest Rate x 48 months
  • 433 CAD/month + tax
  • Total Payable: 20,797 CAD
  • Total Interest: 5,200 CAD

At the end of the Lease Contract

Residual Value: 9,511 CAD (in 22 months)

  • 4.9%Interest Rate x 48 months
  • 219 CAD/month + tax
  • Total Payable: 10,493 CAD
  • Total Interest: 982 CAD
  • 8.9%Interest Rate x 48 months
  • 236 CAD/month + tax
  • Total Payable: 11,339 CAD
  • Total Interest: 1,828 CAD
  • 14.9%Interest Rate x 48 months
  • 264 CAD/month + tax
  • Total Payable: 12,682 CAD
  • Total Interest: 3,171 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)
8.82
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 9.54CAD/100km (TODAY without the Cash Incentive)
  • 17.96CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
9.09
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 9.84CAD/day (Original Contract back in Jun, 2018)
Remaining Km
Can be driven up to:
723.78
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Jun, 2018)

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Payment Details
  • Current Payment: 702 CAD/month + tax
  • Months to End: 33 months (Feb, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 20,000 km total
  • Available Now: 21,818 km/year (1,818 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details