Payment Analysis
534.57CAD/monthin Montreal, QC
- 534.57 CAD/month
- 246.72 CAD/bi-weekly
- 123.36 CAD/week
- 6,414.84 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 614.65 CAD/month
- 283.68 CAD/bi-weekly
- 141.84 CAD/week
- 7,375.78 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:
17,828 ~ 19,128 CAD
compared to leasing a BRAND NEW:
- 2024 Trax 2RS
- for 36 months
- in Ontario
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 935 |
---|---|
This Contract (CAD/month) | 535 |
Monthly Difference | 401 CAD/month |
Remaining Term | x 28 months |
Total Monthly Difference | = 11,228 CAD |
+ Cash Incentive** (CAD) | + 5,000 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 17,828 ~ 19,128 |
** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
27,631 CAD
- Total Vehicle Debt: 43,322 CAD
- Paid so Far: 10,691 CAD (24% Paid)
- Remaining Lease Payments: 14,968 CAD
- Residual Value: 17,663 CAD
- Cash Incentive: 5,000 CAD
Vehicle Debt & Value
Paid so far: 10,691 CAD Total Vehicle Value: 43,322 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 14,968 CAD
Term Paid so Far: 10,691 CAD Residual Value: 17,663 CAD
Cost to Own
Already Paid: 10,691 CAD (24%)
Cash Incentive: 5,000 CAD Buyout Price Today: 27,631 CAD
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: 27,631 CAD
- 4.9%Interest Rate x 48 months
- 635 CAD/month + tax
- Total Payable: 30,483 CAD
- Total Interest: 2,852 CAD
- 8.9%Interest Rate x 48 months
- 686 CAD/month + tax
- Total Payable: 32,942 CAD
- Total Interest: 5,311 CAD
- 14.9%Interest Rate x 48 months
- 768 CAD/month + tax
- Total Payable: 36,844 CAD
- Total Interest: 9,213 CAD
At the end of the Lease Contract
Residual Value: 17,663 CAD (in 28 months)
- 4.9%Interest Rate x 48 months
- 406 CAD/month + tax
- Total Payable: 19,486 CAD
- Total Interest: 1,823 CAD
- 8.9%Interest Rate x 48 months
- 439 CAD/month + tax
- Total Payable: 21,058 CAD
- Total Interest: 3,395 CAD
- 14.9%Interest Rate x 48 months
- 491 CAD/month + tax
- Total Payable: 23,553 CAD
- Total Interest: 5,890 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)
11.59
- + tax
- + fuel
- + insurance
- 17.40CAD/100km (TODAY without the Cash Incentive)
- 26.73CAD/100km (Original Contract back in Oct, 2023)
Time Analysis
Cost per day: (CAD)
11.70
- + tax
- + insurance
- + km driven & fuel
- 17.57CAD/day (Original Contract back in Oct, 2023)
Remaining Km
Can be driven up to:
708.79
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Oct, 2023)
Seller Contact Info
This Contract was Already Transferred.
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