Payment Analysis

1,156.47CAD/monthin Ottawa, ON
    Before Taxes:
  • 1,156.47 CAD/month
  • 533.76 CAD/bi-weekly
  • 266.88 CAD/week
  • 13,877.64 CAD/year
Incl. Ontario Taxes (13%):
  • 1,306.81 CAD/month
  • 603.14 CAD/bi-weekly
  • 301.57 CAD/week
  • 15,681.73 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: 1,980 ~ 2,880 CAD

compared to leasing a BRAND NEW:

  • 2023 EQB 250 + SUV
  • for 36 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,215
This Contract (CAD/month) 1,156
Monthly Difference 59 CAD/month
Remaining Term x 20 months
Total Monthly Difference = 1,180 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,980 ~ 2,880

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 64,371 CAD
  • Total Vehicle Debt: 96,752 CAD
  • Paid so Far: 32,381 CAD (33% Paid)
  • Remaining Lease Payments: 23,129 CAD
  • Residual Value: 41,242 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 32,381 CAD Total Vehicle Value: 96,752 CAD
33% Paid
67%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 23,129 CAD
Term Paid so Far: 32,381 CAD Residual Value: 41,242 CAD
0%
33%
24%
43%
Cost to Own
Already Paid: 32,381 CAD (33%)
Cash Incentive: 0 CAD Buyout Price Today: 64,371 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: 64,371 CAD

  • 4.9%Interest Rate x 48 months
  • 1,480 CAD/month + tax
  • Total Payable: 71,016 CAD
  • Total Interest: 6,645 CAD
  • 8.9%Interest Rate x 48 months
  • 1,599 CAD/month + tax
  • Total Payable: 76,743 CAD
  • Total Interest: 12,372 CAD
  • 14.9%Interest Rate x 48 months
  • 1,788 CAD/month + tax
  • Total Payable: 85,835 CAD
  • Total Interest: 21,464 CAD

At the end of the Lease Contract

Residual Value: 41,242 CAD (in 20 months)

  • 4.9%Interest Rate x 48 months
  • 948 CAD/month + tax
  • Total Payable: 45,499 CAD
  • Total Interest: 4,257 CAD
  • 8.9%Interest Rate x 48 months
  • 1,024 CAD/month + tax
  • Total Payable: 49,168 CAD
  • Total Interest: 7,927 CAD
  • 14.9%Interest Rate x 48 months
  • 1,146 CAD/month + tax
  • Total Payable: 54,993 CAD
  • Total Interest: 13,752 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)
26.89
  • + tax
  • + fuel
  • + insurance
(or 0.27CAD per km)
  • 57.82CAD/100km (Original Contract back in Dec, 2023)
Time Analysis
Cost per day: (CAD)
38.02
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
992.31
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 461.54km/week (Contract Original back in Dec, 2023)

Seller Contact Info

This Contract was Already Transferred.

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