Payment Analysis

442.47CAD/monthin Ottawa, ON
    Before Taxes:
  • 442.47 CAD/month
  • 204.22 CAD/bi-weekly
  • 102.11 CAD/week
  • 5,309.64 CAD/year
Incl. Ontario Taxes (13%):
  • 499.99 CAD/month
  • 230.77 CAD/bi-weekly
  • 115.38 CAD/week
  • 5,999.89 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: 9,662 ~ 10,962 CAD

compared to leasing a BRAND NEW:

  • MINI COOPER S 5 DOOR CLASSIC
  • for 12 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 720
This Contract (CAD/month) 442
Monthly Difference 278 CAD/month
Remaining Term x 29 months
Total Monthly Difference = 8,062 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 9,662 ~ 10,962

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 26,493 CAD
  • Total Vehicle Debt: 37,104 CAD
  • Paid so Far: 10,611 CAD (28% Paid)
  • Remaining Lease Payments: 12,832 CAD
  • Residual Value: 13,662 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,611 CAD Total Vehicle Value: 37,104 CAD
28% Paid
72%
Vehicle Debt Breakdown
Downpayment: 2,204 CAD Remaining Term: 12,832 CAD
Term Paid so Far: 8,407 CAD Residual Value: 13,662 CAD
5%
23%
34%
38%
Cost to Own
Already Paid: 10,611 CAD (28%)
Cash Incentive: 0 CAD Buyout Price Today: 26,493 CAD
28% Paid
0%
72%
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: 26,493 CAD

  • 4.9%Interest Rate x 48 months
  • 609 CAD/month + tax
  • Total Payable: 29,228 CAD
  • Total Interest: 2,735 CAD
  • 8.9%Interest Rate x 48 months
  • 658 CAD/month + tax
  • Total Payable: 31,585 CAD
  • Total Interest: 5,092 CAD
  • 14.9%Interest Rate x 48 months
  • 736 CAD/month + tax
  • Total Payable: 35,327 CAD
  • Total Interest: 8,834 CAD

At the end of the Lease Contract

Residual Value: 13,662 CAD (in 29 months)

  • 4.9%Interest Rate x 48 months
  • 314 CAD/month + tax
  • Total Payable: 15,072 CAD
  • Total Interest: 1,410 CAD
  • 8.9%Interest Rate x 48 months
  • 339 CAD/month + tax
  • Total Payable: 16,288 CAD
  • Total Interest: 2,626 CAD
  • 14.9%Interest Rate x 48 months
  • 380 CAD/month + tax
  • Total Payable: 18,217 CAD
  • Total Interest: 4,555 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)
21.39
  • + tax
  • + fuel
  • + insurance
(or 0.21CAD per km)
  • 22.12CAD/100km (Original Contract back in Nov, 2017)
Time Analysis
Cost per day: (CAD)
14.55
  • + tax
  • + insurance
  • + km driven & fuel
(0.11CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
477.45
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 461.54km/week (Contract Original back in Nov, 2017)

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Ottawa

CAD/month x 33 months
2023 Tesla Standard Range Plus (ID: #50395)
702
Ottawa,ON
2023 Tesla

Standard Range Plus Automatique 2WD

Payment Details
  • Current Payment: 702 CAD/month + tax
  • Months to End: 33 months (Feb, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 20,000 km total
  • Available Now: 21,818 km/year (1,818 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details