Payment Analysis

305.00CAD/monthin Mississauga, ON
    Before Taxes:
  • 305.00 CAD/month
  • 140.77 CAD/bi-weekly
  • 70.38 CAD/week
  • 3,660.00 CAD/year
Incl. Ontario Taxes (13%):
  • 344.65 CAD/month
  • 159.07 CAD/bi-weekly
  • 79.53 CAD/week
  • 4,135.80 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: 10,025 CAD
  • Total Vehicle Debt: 26,800 CAD
  • Paid so Far: 16,775 CAD (62% Paid)
  • Remaining Lease Payments: 1,525 CAD
  • Residual Value: 8,500 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 16,775 CAD Total Vehicle Value: 26,800 CAD
62% Paid
38%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,525 CAD
Term Paid so Far: 16,775 CAD Residual Value: 8,500 CAD
0%
62%
5%
33%
Cost to Own
Already Paid: 16,775 CAD (62%)
Cash Incentive: 0 CAD Buyout Price Today: 10,025 CAD
62% Paid
0%
38%
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: 10,025 CAD

  • 4.9%Interest Rate x 48 months
  • 230 CAD/month + tax
  • Total Payable: 11,060 CAD
  • Total Interest: 1,035 CAD
  • 8.9%Interest Rate x 48 months
  • 249 CAD/month + tax
  • Total Payable: 11,952 CAD
  • Total Interest: 1,927 CAD
  • 14.9%Interest Rate x 48 months
  • 278 CAD/month + tax
  • Total Payable: 13,368 CAD
  • Total Interest: 3,343 CAD

At the end of the Lease Contract

Residual Value: 8,500 CAD (in 5 months)

  • 4.9%Interest Rate x 48 months
  • 195 CAD/month + tax
  • Total Payable: 9,377 CAD
  • Total Interest: 877 CAD
  • 8.9%Interest Rate x 48 months
  • 211 CAD/month + tax
  • Total Payable: 10,134 CAD
  • Total Interest: 1,634 CAD
  • 14.9%Interest Rate x 48 months
  • 236 CAD/month + tax
  • Total Payable: 11,334 CAD
  • Total Interest: 2,834 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)
1.48
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 15.25CAD/100km (Original Contract back in Nov, 2018)
Time Analysis
Cost per day: (CAD)
10.03
  • + tax
  • + insurance
  • + km driven & fuel
(0.66CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
4,753.85
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD
  • 461.54km/week (Contract Original back in Nov, 2018)