Payment Analysis

513.73CAD/monthin Stittsville, ON
    Before Taxes:
  • 513.73 CAD/month
  • 237.11 CAD/bi-weekly
  • 118.55 CAD/week
  • 6,164.76 CAD/year
Incl. Ontario Taxes (13%):
  • 580.51 CAD/month
  • 267.93 CAD/bi-weekly
  • 133.96 CAD/week
  • 6,966.18 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: 2,540 ~ 2,940 CAD

compared to leasing a BRAND NEW:

  • 2024 Sportage EX Premium
  • for 24 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 803
This Contract (CAD/month) 514
Monthly Difference 290 CAD/month
Remaining Term x 6 months
Total Monthly Difference = 1,740 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 2,540 ~ 2,940

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 26,192 CAD
  • Total Vehicle Debt: 47,255 CAD
  • Paid so Far: 21,063 CAD (44% Paid)
  • Remaining Lease Payments: 3,082 CAD
  • Residual Value: 23,110 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 21,063 CAD Total Vehicle Value: 47,255 CAD
44% Paid
56%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,082 CAD
Term Paid so Far: 21,063 CAD Residual Value: 23,110 CAD
0%
44%
6%
50%
Cost to Own
Already Paid: 21,063 CAD (44%)
Cash Incentive: 0 CAD Buyout Price Today: 26,192 CAD
44% Paid
0%
56%
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: 26,192 CAD

  • 4.9%Interest Rate x 48 months
  • 602 CAD/month + tax
  • Total Payable: 28,896 CAD
  • Total Interest: 2,704 CAD
  • 8.9%Interest Rate x 48 months
  • 651 CAD/month + tax
  • Total Payable: 31,227 CAD
  • Total Interest: 5,034 CAD
  • 14.9%Interest Rate x 48 months
  • 728 CAD/month + tax
  • Total Payable: 34,926 CAD
  • Total Interest: 8,734 CAD

At the end of the Lease Contract

Residual Value: 23,110 CAD (in 6 months)

  • 4.9%Interest Rate x 48 months
  • 531 CAD/month + tax
  • Total Payable: 25,496 CAD
  • Total Interest: 2,386 CAD
  • 8.9%Interest Rate x 48 months
  • 574 CAD/month + tax
  • Total Payable: 27,552 CAD
  • Total Interest: 4,442 CAD
  • 14.9%Interest Rate x 48 months
  • 642 CAD/month + tax
  • Total Payable: 30,816 CAD
  • Total Interest: 7,706 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)
5.42
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 30.82CAD/100km (Original Contract back in Jun, 2022)
Time Analysis
Cost per day: (CAD)
16.89
  • + tax
  • + insurance
  • + km driven & fuel
(0.55CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,185.90
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Jun, 2022)

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Ottawa

+ 2,000 cash
2024 Volkswagen

Tiguan Comfortline 4MOTION Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 513 CAD/month + tax
  • Cash Incentive: 2,000 CAD
  • Payment After Incentive: 449 CAD/month + tax
  • Original Downpayment: 1,422 CAD
  • Months to End: 31 months (Jun, 2028)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 31,360 km total
  • Available Now: 18,828 km/year (1,569 per month)
  • Excess Km Cost: 0.12 CAD/km
See all Details
CAD/month x 21 months
2023 BMW X4 xDrive30i (ID: #56609)
1,240
Ottawa
2023 BMW

X4 xDrive30i Automatique AWD ZD6 Premium Enchanced Package

  • Warranty Complete Term
  • Winter Tires Included
Payment Details
  • Current Payment: 1,240 CAD/month + tax
  • Original Downpayment: 3,398 CAD
  • Residual Value: 34,028 CAD
  • Months to End: 21 months (Aug, 2027)
Vehicle Status
  • Contract Allowance: 12,000 km/year
  • Current Odometer: 5,200 km total
  • Available Now: 24,457 km/year (2,038 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details
CAD/month x 5 months
2024 Hyundai Venue (ID: #53579)
524
Ottawa, ON
2024 Hyundai

Venue CVT 2WD Ultimate

  • Warranty Complete Term
  • Winter Tires Included
Payment Details
  • Current Payment: 524 CAD/month + tax
  • Residual Value: 21,959 CAD
  • Months to End: 5 months (Apr, 2026)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 2,693 km total
  • Available Now: 70,337 km/year (5,861 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.12 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details
CAD/month x 13 months
2023 Tesla Model Y (ID: #62950)
997
Ottawa
2023 Tesla

Model Y Automatique AWD

  • Warranty Complete Term
  • Winter Tires Included
Payment Details
  • Current Payment: 997 CAD/month + tax
  • Original Downpayment: 5,250 CAD
  • Residual Value: 39,680 CAD
  • Months to End: 13 months (Dec, 2026)
Vehicle Status
  • Contract Allowance: 25,000 km/year
  • Current Odometer: 54,288 km total
  • Available Now: 26,811 km/year (2,234 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details
+ 1,000 cash
CAD/month x 12 months
2020 Mercedes-Benz GLB250 4MATIC (ID: #52548)
642
Ottawa
2020 Mercedes-Benz

GLB250 4MATIC Automatique AWD Premium Package, Technology Package, Navigation Package, Metallic Paint

  • Winter Tires Included
Payment Details
  • Current Payment: 642 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 559 CAD/month + tax
  • Original Downpayment: 1,000 CAD
  • Residual Value: 25,789 CAD
  • Months to End: 12 months (Oct, 2024)
Vehicle Status
  • Contract Allowance: 18,000 km/year
  • Current Odometer: 68,500 km total
  • Available Now: -1,000 km/year (-83 per month)
  • Excess Km Cost: 0.20 CAD/km
See all Details
CAD/month x 24 months
2023 Mercedes-Benz EQB 350 4Matic (ID: #50118)
1,156
Ottawa
2023 Mercedes-Benz

EQB 350 4Matic Automatique AWD Pinnacle Trim, Intelligent Drive, AMG Sport Package, First Class Protection Plan (Tire/Rim, Windshield, Interior/Exterior)

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 1,156 CAD/month + tax
  • Residual Value: 41,242 CAD
  • Months to End: 24 months (Dec, 2027)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 4,000 km total
  • Available Now: 46,000 km/year (3,833 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details