Payment Analysis

364.20CAD/monthin Montreal, QC
    Before Taxes:
  • 364.20 CAD/month
  • 168.09 CAD/bi-weekly
  • 84.05 CAD/week
  • 4,370.40 CAD/year
Incl. Québec Taxes (14.98%):
  • 418.76 CAD/month
  • 193.27 CAD/bi-weekly
  • 96.64 CAD/week
  • 5,025.09 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: 12,310 ~ 12,710 CAD

compared to leasing a BRAND NEW:

  • Chevrolet Cruze Hatchback LT
  • for 36 months
  • in Quebec
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 650
This Contract (CAD/month) 364
Monthly Difference 286 CAD/month
Remaining Term x 35 months
Total Monthly Difference = 10,010 CAD
+ Cash Incentive** (CAD) + 1,500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 12,310 ~ 12,710
** "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: 18,187 CAD
  • Total Vehicle Debt: 28,792 CAD
  • Paid so Far: 9,105 CAD (31% Paid)
  • Remaining Lease Payments: 12,747 CAD
  • Residual Value: 6,940 CAD
  • Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 9,105 CAD Total Vehicle Value: 28,792 CAD
31% Paid
69%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 12,747 CAD
Term Paid so Far: 9,105 CAD Residual Value: 6,940 CAD
0%
31%
44%
25%
Cost to Own
Already Paid: 9,105 CAD (31%)
Cash Incentive: 1,500 CAD Buyout Price Today: 18,187 CAD
31% Paid
5%
64%
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: 18,187 CAD

  • 4.9%Interest Rate x 48 months
  • 418 CAD/month + tax
  • Total Payable: 20,065 CAD
  • Total Interest: 1,878 CAD
  • 8.9%Interest Rate x 48 months
  • 452 CAD/month + tax
  • Total Payable: 21,683 CAD
  • Total Interest: 3,496 CAD
  • 14.9%Interest Rate x 48 months
  • 505 CAD/month + tax
  • Total Payable: 24,252 CAD
  • Total Interest: 6,064 CAD

At the end of the Lease Contract

Residual Value: 6,940 CAD (in 35 months)

  • 4.9%Interest Rate x 48 months
  • 160 CAD/month + tax
  • Total Payable: 7,657 CAD
  • Total Interest: 716 CAD
  • 8.9%Interest Rate x 48 months
  • 172 CAD/month + tax
  • Total Payable: 8,274 CAD
  • Total Interest: 1,334 CAD
  • 14.9%Interest Rate x 48 months
  • 193 CAD/month + tax
  • Total Payable: 9,254 CAD
  • Total Interest: 2,314 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)
11.77
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,500CAD incentive)
  • 13.34CAD/100km (TODAY without the Cash Incentive)
  • 21.85CAD/100km (Original Contract back in Mar, 2018)
Time Analysis
Cost per day: (CAD)
10.56
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,500CAD incentive)
  • 11.97CAD/day (Original Contract back in Mar, 2018)
Remaining Km
Can be driven up to:
630.00
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 384.62km/week (Contract Original back in Mar, 2018)

Similar Listings in Montreal

CAD/month x 33 months
2024 Mazda CX-90 GS-L MHEV (ID: #70104)
710
Montreal
2024 Mazda

CX-90 GS-L MHEV Automatique AWD

Payment Details
  • Current Payment: 710 CAD/month + tax
  • Residual Value: 24,953 CAD
  • Months to End: 33 months (Dec, 2028)
Vehicle Status
  • Contract Allowance: 20,035 km/year
  • Current Odometer: 54,000 km total
  • Available Now: 9,505 km/year (792 per month)
  • Excess Km Cost: 0.12 CAD/km
See all Details
+ 1,000 cash
CAD/month x 51 months
2024 Ford Transit Cargo Van (ID: #63005)
500
Montreal
2024 Ford

Transit Cargo Van Automatique AWD

  • Winter Tires Included
Payment Details
  • Current Payment: 500 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 480 CAD/month + tax
  • Months to End: 51 months (Jul, 2030)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 8,000 km total
  • Available Now: 22,824 km/year (1,902 per month)
See all Details
CAD/month x 1 months
2024 Honda CIVIC EX CVT (ID: #57362)
409
Montreal
2024 Honda

CIVIC EX CVT Automatique 2WD

  • Winter Tires Included
Payment Details
  • Current Payment: 409 CAD/month + tax
  • Original Downpayment: 3,218 CAD
  • Residual Value: 20,755 CAD
  • Months to End: 1 months (May, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 9,600 km total
  • Available Now: 344,800 km/year (28,733 per month)
  • Please note that this contract ends in less than a year.
See all Details
CAD/month x 27 months
2023 KIA Forte EX+ (ID: #56637)
474
Montréal
2023 KIA

Forte EX+ CVT 2WD

  • Warranty Complete Term
  • Winter Tires Included
Payment Details
  • Current Payment: 474 CAD/month + tax
  • Months to End: 27 months (Jul, 2028)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 30,700 km total
  • Available Now: 39,689 km/year (3,307 per month)
See all Details
CAD/month x 2 months
2024 Nissan Nissan Sentra 2.0 (ID: #55753)
311
Montréal
2024 Nissan

Nissan Sentra 2.0 Automatique 2WD

  • Warranty Complete Term
  • Winter Tires Included
Payment Details
  • Current Payment: 311 CAD/month + tax
  • Original Downpayment: 4,500 CAD
  • Residual Value: 25,000 CAD
  • Months to End: 2 months (Jan, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 12,000 km total
  • Available Now: 158,000 km/year (13,167 per month)
  • Please note that this contract ends in less than a year.
See all Details
+ 1,000 cash
CAD/month x 30 months
2023 Mercedes-Benz C300 amg pack (ID: #54717)
974
Montreal
2023 Mercedes-Benz

C300 amg pack Automatique AWD

Payment Details
  • Current Payment: 974 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 941 CAD/month + tax
  • Original Downpayment: 3,000 CAD
  • Months to End: 30 months (Oct, 2028)
Vehicle Status
  • Contract Allowance: 22,000 km/year
  • Current Odometer: 16,000 km total
  • Available Now: 36,867 km/year (3,072 per month)
See all Details