Vehicle Photos

Transfer Details

pay 3,999 CAD
Lease Takeover Temporary Image
CAD/month x 8 months
2023 Mitsubishi Mirage SE (ID: #53679)
223
Mississauga, ON
2023 Mitsubishi

Mirage SE CVT 2WD

  • Winter Tires Included
Payment Details
  • Current Payment: 223 CAD/month + tax
  • Required Payment: 3,999 CAD
  • Payment Including Incentive: 723 CAD/month + tax
  • Original Downpayment: 5,436 CAD
  • Residual Value: 10,600 CAD
  • Months to End: 8 months (Mar, 2025)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 8,073 km total
  • Available Now: 35,891 km/year (2,991 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.10 CAD/km

Payment Analysis

222.85CAD/monthin Mississauga, ON
    Before Taxes:
  • 222.85 CAD/month
  • 102.85 CAD/bi-weekly
  • 51.43 CAD/week
  • 2,674.20 CAD/year
Incl. Ontario Taxes (13%):
  • 251.82 CAD/month
  • 116.22 CAD/bi-weekly
  • 58.11 CAD/week
  • 3,021.85 CAD/year

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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: 16,382 CAD
  • Total Vehicle Debt: 21,385 CAD
  • Paid so Far: 9,002 CAD (42% Paid)
  • Remaining Lease Payments: 1,783 CAD
  • Residual Value: 10,600 CAD
  • Required Payment: 3,999 CAD
Vehicle Debt & Value
Paid so far: 9,002 CAD Total Vehicle Value: 21,385 CAD
42% Paid
58%
Vehicle Debt Breakdown
Downpayment: 5,436 CAD Remaining Term: 1,783 CAD
Term Paid so Far: 3,566 CAD Residual Value: 10,600 CAD
25%
17%
8%
50%
Cost to Own
Already Paid: 9,002 CAD (42%)
Required Payment: 3,999 CAD (18%)Buyout Price Today: 16,382 CAD
24% Paid
18%
58%
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: 16,382 CAD

  • 4.9%Interest Rate x 48 months
  • 377 CAD/month + tax
  • Total Payable: 18,073 CAD
  • Total Interest: 1,691 CAD
  • 8.9%Interest Rate x 48 months
  • 407 CAD/month + tax
  • Total Payable: 19,531 CAD
  • Total Interest: 3,149 CAD
  • 14.9%Interest Rate x 48 months
  • 455 CAD/month + tax
  • Total Payable: 21,844 CAD
  • Total Interest: 5,462 CAD

At the end of the Lease Contract

Residual Value: 10,600 CAD (in 8 months)

  • 4.9%Interest Rate x 48 months
  • 244 CAD/month + tax
  • Total Payable: 11,694 CAD
  • Total Interest: 1,094 CAD
  • 8.9%Interest Rate x 48 months
  • 263 CAD/month + tax
  • Total Payable: 12,638 CAD
  • Total Interest: 2,037 CAD
  • 14.9%Interest Rate x 48 months
  • 294 CAD/month + tax
  • Total Payable: 14,135 CAD
  • Total Interest: 3,535 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)
24.16
  • + tax
  • + fuel
  • + insurance
(inlcuding the 3,999CAD incentive)
  • 7.45CAD/100km (TODAY without the Cash Incentive)
  • 16.71CAD/100km (Original Contract back in Mar, 2023)
Time Analysis
Cost per day: (CAD)
23.76
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 3,999CAD incentive)
  • 7.33CAD/day (Original Contract back in Mar, 2023)
Remaining Km
Can be driven up to:
690.20
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 307.69km/week (Contract Original back in Mar, 2023)

Seller Contact Info

  • Name: Andrew Guaiana
  • Location: Mississauga, ON
  • Date Contract Started:
  • Date Contract Ends:

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A low-cost, very reliable car with warranty included until 2028. This car is in excellent condition for a 1-year old car (nearly "new"). Due to its low mileage and current market value I am seeking a cash payment. I'm looking to transfer this lease as I'm moving out by August 31...

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