Payment Analysis

623.00CAD/monthin Ingersoll, ON
    Before Taxes:
  • 623.00 CAD/month
  • 287.54 CAD/bi-weekly
  • 143.77 CAD/week
  • 7,476.00 CAD/year
Incl. Ontario Taxes (13%):
  • 703.99 CAD/month
  • 324.92 CAD/bi-weekly
  • 162.46 CAD/week
  • 8,447.88 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: 3,419 ~ 4,719 CAD

compared to leasing a BRAND NEW:

  • Subaru Outback Limited XT Automatic Transmission
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 730
This Contract (CAD/month) 623
Monthly Difference 107 CAD/month
Remaining Term x 17 months
Total Monthly Difference = 1,819 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,419 ~ 4,719

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 31,591 CAD
  • Total Vehicle Debt: 37,952 CAD
  • Paid so Far: 6,361 CAD (16% Paid)
  • Remaining Lease Payments: 10,591 CAD
  • Residual Value: 21,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 6,361 CAD Total Vehicle Value: 37,952 CAD
16% Paid
84%
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 10,591 CAD
Term Paid so Far: 4,361 CAD Residual Value: 21,000 CAD
5%
11%
28%
56%
Cost to Own
Already Paid: 6,361 CAD (16%)
Cash Incentive: 0 CAD Buyout Price Today: 31,591 CAD
16% Paid
0%
84%
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: 31,591 CAD

  • 4.9%Interest Rate x 48 months
  • 726 CAD/month + tax
  • Total Payable: 34,852 CAD
  • Total Interest: 3,261 CAD
  • 8.9%Interest Rate x 48 months
  • 785 CAD/month + tax
  • Total Payable: 37,663 CAD
  • Total Interest: 6,072 CAD
  • 14.9%Interest Rate x 48 months
  • 878 CAD/month + tax
  • Total Payable: 42,125 CAD
  • Total Interest: 10,534 CAD

At the end of the Lease Contract

Residual Value: 21,000 CAD (in 17 months)

  • 4.9%Interest Rate x 48 months
  • 483 CAD/month + tax
  • Total Payable: 23,168 CAD
  • Total Interest: 2,168 CAD
  • 8.9%Interest Rate x 48 months
  • 522 CAD/month + tax
  • Total Payable: 25,036 CAD
  • Total Interest: 4,036 CAD
  • 14.9%Interest Rate x 48 months
  • 583 CAD/month + tax
  • Total Payable: 28,002 CAD
  • Total Interest: 7,002 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)
34.16
  • + tax
  • + fuel
  • + insurance
(or 0.34CAD per km)
Time Analysis
Cost per day: (CAD)
20.48
  • + tax
  • + insurance
  • + km driven & fuel
(0.19CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
420.81
  • km/week
  • without any
  • additional costs
Excess km cost: 0.07CAD

Seller Contact Info

This Contract was Already Transferred.

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