Payment Analysis

570.00CAD/monthin Hamilton, ON
    Before Taxes:
  • 570.00 CAD/month
  • 263.08 CAD/bi-weekly
  • 131.54 CAD/week
  • 6,840.00 CAD/year
Incl. Ontario Taxes (13%):
  • 644.10 CAD/month
  • 297.28 CAD/bi-weekly
  • 148.64 CAD/week
  • 7,729.20 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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 47,400 CAD
  • Total Vehicle Debt: 55,950 CAD
  • Paid so Far: 8,550 CAD (15% Paid)
  • Remaining Lease Payments: 11,400 CAD
  • Residual Value: 36,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,550 CAD Total Vehicle Value: 55,950 CAD
15% Paid
85%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 11,400 CAD
Term Paid so Far: 8,550 CAD Residual Value: 36,000 CAD
0%
15%
20%
65%
Cost to Own
Already Paid: 8,550 CAD (15%)
Cash Incentive: 0 CAD Buyout Price Today: 47,400 CAD
15% Paid
0%
85%
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: 47,400 CAD

  • 4.9%Interest Rate x 48 months
  • 1,089 CAD/month + tax
  • Total Payable: 52,293 CAD
  • Total Interest: 4,893 CAD
  • 8.9%Interest Rate x 48 months
  • 1,177 CAD/month + tax
  • Total Payable: 56,510 CAD
  • Total Interest: 9,110 CAD
  • 14.9%Interest Rate x 48 months
  • 1,317 CAD/month + tax
  • Total Payable: 63,205 CAD
  • Total Interest: 15,805 CAD

At the end of the Lease Contract

Residual Value: 36,000 CAD (in 20 months)

  • 4.9%Interest Rate x 48 months
  • 827 CAD/month + tax
  • Total Payable: 39,716 CAD
  • Total Interest: 3,716 CAD
  • 8.9%Interest Rate x 48 months
  • 894 CAD/month + tax
  • Total Payable: 42,919 CAD
  • Total Interest: 6,919 CAD
  • 14.9%Interest Rate x 48 months
  • 1,000 CAD/month + tax
  • Total Payable: 48,004 CAD
  • Total Interest: 12,004 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)
32.33
  • + tax
  • + fuel
  • + insurance
(or 0.32CAD per km)
  • 42.75CAD/100km (Original Contract back in Sep, 2019)
Time Analysis
Cost per day: (CAD)
18.74
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
406.92
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 307.69km/week (Contract Original back in Sep, 2019)

Seller Contact Info

This Contract was Already Transferred.

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Payment Details
  • Current Payment: 594 CAD/month + tax
  • Months to End: 51 months (Sep, 2028)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 111,000 km total
  • Available Now: 6,824 km/year (569 per month)
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