Payment Analysis
523.00CAD/monthin St. John's, NL
- 523.00 CAD/month
- 241.38 CAD/bi-weekly
- 120.69 CAD/week
- 6,276.00 CAD/year
Before Taxes:
Incl. Newfoundland & L. Taxes (15%):
- 601.45 CAD/month
- 277.59 CAD/bi-weekly
- 138.80 CAD/week
- 7,217.40 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:
10,852 ~ 12,152 CAD
compared to leasing a BRAND NEW:
- WRX Sport w/ Manual Transmission
- for 24 months
- in N.L.
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 685 |
---|---|
This Contract (CAD/month) | 523 |
Monthly Difference | 162 CAD/month |
Remaining Term | x 46 months |
Total Monthly Difference | = 7,452 CAD |
+ Cash Incentive** (CAD) | + 1,800 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 10,852 ~ 12,152 |
** "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:
37,921 CAD
- Total Vehicle Debt: 40,767 CAD
- Paid so Far: 1,046 CAD (2% Paid)
- Remaining Lease Payments: 24,058 CAD
- Residual Value: 15,663 CAD
- Cash Incentive: 1,800 CAD
Vehicle Debt & Value
Paid so far: 1,046 CAD Total Vehicle Value: 40,767 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 24,058 CAD
Term Paid so Far: 1,046 CAD Residual Value: 15,663 CAD
Cost to Own
Already Paid: 1,046 CAD (2%)
Cash Incentive: 1,800 CAD Buyout Price Today: 37,921 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: 37,921 CAD
- 4.9%Interest Rate x 48 months
- 872 CAD/month + tax
- Total Payable: 41,836 CAD
- Total Interest: 3,915 CAD
- 8.9%Interest Rate x 48 months
- 942 CAD/month + tax
- Total Payable: 45,210 CAD
- Total Interest: 7,289 CAD
- 14.9%Interest Rate x 48 months
- 1,053 CAD/month + tax
- Total Payable: 50,566 CAD
- Total Interest: 12,645 CAD
At the end of the Lease Contract
Residual Value: 15,663 CAD (in 46 months)
- 4.9%Interest Rate x 48 months
- 360 CAD/month + tax
- Total Payable: 17,280 CAD
- Total Interest: 1,617 CAD
- 8.9%Interest Rate x 48 months
- 389 CAD/month + tax
- Total Payable: 18,673 CAD
- Total Interest: 3,010 CAD
- 14.9%Interest Rate x 48 months
- 435 CAD/month + tax
- Total Payable: 20,886 CAD
- Total Interest: 5,223 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)
46.18
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
15.91
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
241.81
- km/week
- without any
- additional costs