Payment Analysis

620.00CAD/monthin Brampton, ON
    Before Taxes:
  • 620.00 CAD/month
  • 286.15 CAD/bi-weekly
  • 143.08 CAD/week
  • 7,440.00 CAD/year
Incl. Ontario Taxes (13%):
  • 700.60 CAD/month
  • 323.35 CAD/bi-weekly
  • 161.68 CAD/week
  • 8,407.20 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

With this deal, you are saving: 5,744 ~ 6,144 CAD

compared to leasing a BRAND NEW:

  • OUTLANDER PHEV GT S-AWC
  • for 60 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year

This deal is a Finance Takeover. You will own the vehicle at the end of the contract term.

Savings Breakdown:
Leasing New (CAD/month) 738
This Contract (CAD/month) 620
Monthly Difference 118 CAD/month
Remaining Term x 8 months
Total Monthly Difference = 944 CAD
+ Cash Incentive** (CAD) + 4,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 5,744 ~ 6,144
** "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: 961 CAD
  • Total Vehicle Debt: 51,461 CAD
  • Paid so Far: 46,500 CAD (90% Paid)
  • Remaining Lease Payments: 4,960 CAD
  • Residual Value: 1 CAD
  • Cash Incentive: 4,000 CAD
Vehicle Debt & Value
Paid so far: 46,500 CAD Total Vehicle Value: 51,461 CAD
90% Paid
10%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,960 CAD
Term Paid so Far: 46,500 CAD Residual Value: 1 CAD
0%
90%
9%
1%
Cost to Own
Already Paid: 46,500 CAD (90%)
Cash Incentive: 4,000 CAD Buyout Price Today: 961 CAD
90% Paid
8%
2%
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: 961 CAD

  • 4.9%Interest Rate x 48 months
  • 22 CAD/month + tax
  • Total Payable: 1,060 CAD
  • Total Interest: 99 CAD
  • 8.9%Interest Rate x 48 months
  • 24 CAD/month + tax
  • Total Payable: 1,146 CAD
  • Total Interest: 185 CAD
  • 14.9%Interest Rate x 48 months
  • 27 CAD/month + tax
  • Total Payable: 1,281 CAD
  • Total Interest: 320 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 8 months)

  • 4.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 8.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 14.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 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)
0.24
  • + tax
  • + fuel
  • + insurance
(inlcuding the 4,000CAD incentive)
  • 1.22CAD/100km (TODAY without the Cash Incentive)
  • 11.45CAD/100km (Original Contract back in Sep, 2018)
Time Analysis
Cost per day: (CAD)
3.95
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 4,000CAD incentive)
  • 20.38CAD/day (Original Contract back in Sep, 2018)
Remaining Km
Can be driven up to:
11,757.21
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 1,250.00km/week (Contract Original back in Sep, 2018)

Seller Contact Info

This Contract was Already Transferred.

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