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: 14,110 ~ 15,410 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 45 months
Total Monthly Difference = 12,510 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 14,110 ~ 15,410

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 33,573 CAD
  • Total Vehicle Debt: 37,104 CAD
  • Paid so Far: 3,531 CAD (9% Paid)
  • Remaining Lease Payments: 19,911 CAD
  • Residual Value: 13,662 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 3,531 CAD Total Vehicle Value: 37,104 CAD
9% Paid
91%
Vehicle Debt Breakdown
Downpayment: 2,204 CAD Remaining Term: 19,911 CAD
Term Paid so Far: 1,327 CAD Residual Value: 13,662 CAD
5%
4%
53%
38%
Cost to Own
Already Paid: 3,531 CAD (9%)
Cash Incentive: 0 CAD Buyout Price Today: 33,573 CAD
9% Paid
0%
91%
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: 33,573 CAD

  • 4.9%Interest Rate x 48 months
  • 772 CAD/month + tax
  • Total Payable: 37,039 CAD
  • Total Interest: 3,466 CAD
  • 8.9%Interest Rate x 48 months
  • 834 CAD/month + tax
  • Total Payable: 40,026 CAD
  • Total Interest: 6,453 CAD
  • 14.9%Interest Rate x 48 months
  • 933 CAD/month + tax
  • Total Payable: 44,768 CAD
  • Total Interest: 11,195 CAD

At the end of the Lease Contract

Residual Value: 13,662 CAD (in 45 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)
33.19
  • + tax
  • + fuel
  • + insurance
(or 0.33CAD per km)
Time Analysis
Cost per day: (CAD)
14.55
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
307.69
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

Seller Contact Info

This Contract was Already Transferred.

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