Payment Analysis

116.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 116.00 CAD/month
  • 53.54 CAD/bi-weekly
  • 26.77 CAD/week
  • 1,392.00 CAD/year
Incl. Ontario Taxes (13%):
  • 131.08 CAD/month
  • 60.50 CAD/bi-weekly
  • 30.25 CAD/week
  • 1,572.96 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: 10,042 CAD
  • Total Vehicle Debt: 15,146 CAD
  • Paid so Far: 5,104 CAD (33% Paid)
  • Remaining Lease Payments: 1,856 CAD
  • Residual Value: 8,186 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 5,104 CAD Total Vehicle Value: 15,146 CAD
33% Paid
67%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,856 CAD
Term Paid so Far: 5,104 CAD Residual Value: 8,186 CAD
0%
33%
12%
55%
Cost to Own
Already Paid: 5,104 CAD (33%)
Cash Incentive: 0 CAD Buyout Price Today: 10,042 CAD
33% Paid
0%
67%
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: 10,042 CAD

  • 4.9%Interest Rate x 48 months
  • 231 CAD/month + tax
  • Total Payable: 11,079 CAD
  • Total Interest: 1,037 CAD
  • 8.9%Interest Rate x 48 months
  • 249 CAD/month + tax
  • Total Payable: 11,972 CAD
  • Total Interest: 1,930 CAD
  • 14.9%Interest Rate x 48 months
  • 279 CAD/month + tax
  • Total Payable: 13,391 CAD
  • Total Interest: 3,348 CAD

At the end of the Lease Contract

Residual Value: 8,186 CAD (in 16 months)

  • 4.9%Interest Rate x 48 months
  • 188 CAD/month + tax
  • Total Payable: 9,031 CAD
  • Total Interest: 845 CAD
  • 8.9%Interest Rate x 48 months
  • 203 CAD/month + tax
  • Total Payable: 9,760 CAD
  • Total Interest: 1,573 CAD
  • 14.9%Interest Rate x 48 months
  • 227 CAD/month + tax
  • Total Payable: 10,916 CAD
  • Total Interest: 2,730 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)
2.32
  • + tax
  • + fuel
  • + insurance
(or 0.02CAD per km)
  • 5.80CAD/100km (Original Contract back in Dec, 2017)
Time Analysis
Cost per day: (CAD)
3.81
  • + tax
  • + insurance
  • + km driven & fuel
(0.21CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,153.85
  • km/week
  • without any
  • additional costs
Excess km cost: 0.70CAD
  • 461.54km/week (Contract Original back in Dec, 2017)

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2023 Tesla Standard Range Plus (ID: #50395)
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Standard Range Plus Automatique 2WD

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