Subaru Lease Takeover in Montreal, QC: 2017 Subaru Legacy Limited 2.5 CVT AWD ID:#8474

Payment Analysis

485.00CAD/monthin Montreal, QC

Before Taxes:

485.00 CAD/month
223.85 CAD/bi-weekly
111.92 CAD/week
5,820.00 CAD/year

Incl. Québec Taxes (14.98%):

557.65 CAD/month
257.38 CAD/bi-weekly
128.69 CAD/week
6,691.84 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: 17,264 ~ 18,564 CAD

compared to leasing a BRAND NEW:

Subaru Legacy 2.5i Limited with EyeSight® Automatic Transmission (MSRP:$33,795.00)
for 24 months
in Québec
$0 down payment
20,000 km/year (please, note this contract has 21k)

Savings Breakdown:
Leasing New (CAD/month)	728
This Contract (CAD/month)	485
Monthly Difference	243 CAD/month
Remaining Term	x 48 months
Total Monthly Difference	= 11,664 CAD
+ Cash Incentive** (CAD)	+ 4,000
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 17,264 ~ 18,564
	** "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: 30,780 CAD

Total Vehicle Debt: 34,780 CAD
Paid so Far: 0 CAD (0% Paid)
Remaining Lease Payments: 23,280 CAD
Residual Value: 11,500 CAD
Cash Incentive: 4,000 CAD

Vehicle Debt & Value

Paid so far: 0 CAD Total Vehicle Value: 34,780 CAD

0% Paid

100%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 23,280 CAD

Term Paid so Far: 0 CAD Residual Value: 11,500 CAD

66%

34%

Cost to Own

Already Paid: 0 CAD (0%)

Cash Incentive: 4,000 CAD Buyout Price Today: 30,780 CAD

0% Paid

11%

89%

Additional Financing Details

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: 30,780 CAD

4.9%Interest Rate x 48 months
707 CAD/month + tax
Total Payable: 33,958 CAD
Total Interest: 3,178 CAD

8.9%Interest Rate x 48 months
765 CAD/month + tax
Total Payable: 36,696 CAD
Total Interest: 5,916 CAD

14.9%Interest Rate x 48 months
855 CAD/month + tax
Total Payable: 41,043 CAD
Total Interest: 10,263 CAD

At the end of the Lease Contract

Residual Value: 11,500 CAD (in 48 months)

4.9%Interest Rate x 48 months
264 CAD/month + tax
Total Payable: 12,687 CAD
Total Interest: 1,187 CAD

8.9%Interest Rate x 48 months
286 CAD/month + tax
Total Payable: 13,710 CAD
Total Interest: 2,210 CAD

14.9%Interest Rate x 48 months
319 CAD/month + tax
Total Payable: 15,335 CAD
Total Interest: 3,835 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)