Payment Analysis

754.00CAD/monthin Hamilton, ON
    Before Taxes:
  • 754.00 CAD/month
  • 348.00 CAD/bi-weekly
  • 174.00 CAD/week
  • 9,048.00 CAD/year
Incl. Ontario Taxes (13%):
  • 852.02 CAD/month
  • 393.24 CAD/bi-weekly
  • 196.62 CAD/week
  • 10,224.24 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: 28,342 CAD
  • Total Vehicle Debt: 40,144 CAD
  • Paid so Far: 11,802 CAD (29% Paid)
  • Remaining Lease Payments: 17,342 CAD
  • Residual Value: 11,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 11,802 CAD Total Vehicle Value: 40,144 CAD
29% Paid
71%
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 17,342 CAD
Term Paid so Far: 9,802 CAD Residual Value: 11,000 CAD
4%
25%
43%
28%
Cost to Own
Already Paid: 11,802 CAD (29%)
Cash Incentive: 0 CAD Buyout Price Today: 28,342 CAD
29% Paid
0%
71%
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: 28,342 CAD

  • 4.9%Interest Rate x 48 months
  • 651 CAD/month + tax
  • Total Payable: 31,268 CAD
  • Total Interest: 2,926 CAD
  • 8.9%Interest Rate x 48 months
  • 704 CAD/month + tax
  • Total Payable: 33,789 CAD
  • Total Interest: 5,447 CAD
  • 14.9%Interest Rate x 48 months
  • 787 CAD/month + tax
  • Total Payable: 37,792 CAD
  • Total Interest: 9,450 CAD

At the end of the Lease Contract

Residual Value: 11,000 CAD (in 23 months)

  • 4.9%Interest Rate x 48 months
  • 253 CAD/month + tax
  • Total Payable: 12,136 CAD
  • Total Interest: 1,136 CAD
  • 8.9%Interest Rate x 48 months
  • 273 CAD/month + tax
  • Total Payable: 13,114 CAD
  • Total Interest: 2,114 CAD
  • 14.9%Interest Rate x 48 months
  • 306 CAD/month + tax
  • Total Payable: 14,668 CAD
  • Total Interest: 3,668 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)
41.29
  • + tax
  • + fuel
  • + insurance
(or 0.41CAD per km)
  • 56.55CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
24.79
  • + tax
  • + insurance
  • + km driven & fuel
(0.14CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
421.40
  • km/week
  • without any
  • additional costs
Excess km cost: 0.01CAD
  • 307.69km/week (Contract Original back in May, 2019)