Payment Analysis
446.00CAD/monthin Winnipeg, MB
- 446.00 CAD/month
- 205.85 CAD/bi-weekly
- 102.92 CAD/week
- 5,352.00 CAD/year
Before Taxes:
Incl. Manitoba Taxes (13%):
- 503.98 CAD/month
- 232.61 CAD/bi-weekly
- 116.30 CAD/week
- 6,047.76 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:
1,408 ~ 1,808 CAD
compared to leasing a BRAND NEW:
- Forte GT Automatic 2WD
- for 36 months
- in MB
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 484 |
|---|---|
| This Contract (CAD/month) | 446 |
| Monthly Difference | 38 CAD/month |
| Remaining Term | x 16 months |
| Total Monthly Difference | = 608 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 1,408 ~ 1,808 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
19,432 CAD
- Total Vehicle Debt: 33,704 CAD
- Paid so Far: 14,272 CAD (42% Paid)
- Remaining Lease Payments: 7,136 CAD
- Residual Value: 12,296 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 14,272 CAD Total Vehicle Value: 33,704 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 7,136 CAD
Term Paid so Far: 14,272 CAD Residual Value: 12,296 CAD
Cost to Own
Already Paid: 14,272 CAD (42%)
Cash Incentive: 0 CAD Buyout Price Today: 19,432 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: 19,432 CAD
- 4.9%Interest Rate x 48 months
- 447 CAD/month + tax
- Total Payable: 21,438 CAD
- Total Interest: 2,006 CAD
- 8.9%Interest Rate x 48 months
- 483 CAD/month + tax
- Total Payable: 23,167 CAD
- Total Interest: 3,735 CAD
- 14.9%Interest Rate x 48 months
- 540 CAD/month + tax
- Total Payable: 25,911 CAD
- Total Interest: 6,479 CAD
At the end of the Lease Contract
Residual Value: 12,296 CAD (in 16 months)
- 4.9%Interest Rate x 48 months
- 283 CAD/month + tax
- Total Payable: 13,565 CAD
- Total Interest: 1,269 CAD
- 8.9%Interest Rate x 48 months
- 305 CAD/month + tax
- Total Payable: 14,659 CAD
- Total Interest: 2,363 CAD
- 14.9%Interest Rate x 48 months
- 342 CAD/month + tax
- Total Payable: 16,396 CAD
- Total Interest: 4,100 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)
8.66
- + tax
- + fuel
- + insurance
- 22.30CAD/100km (Original Contract back in Oct, 2019)
Time Analysis
Cost per day: (CAD)
14.66
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
1,187.88
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Oct, 2019)
