Tesla Lease Takeover in Montreal, QC: 2019 Tesla Model 3 SR+ RWD Automatique 2WD ID:#13956 • LeaseCosts Canada

Payment Analysis

756.00CAD/monthin Montreal, QC

Before Taxes:

756.00 CAD/month
348.92 CAD/bi-weekly
174.46 CAD/week
9,072.00 CAD/year

Incl. Québec Taxes (14.98%):

869.25 CAD/month
401.19 CAD/bi-weekly
200.60 CAD/week
10,430.99 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: 1,792 CAD

compared to leasing a BRAND NEW:

Tesla Model3 Standard Range Plus (Financed with Tesla)
for 60 months
in Québec
$0 down payment
20,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	980
This Contract (CAD/month)	756
Monthly Difference	224 CAD/month
Remaining Term	x 8 months
Total Monthly Difference	= 1,792 CAD
Total Savings (CAD)	= 1,792

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 6,049 CAD

Total Vehicle Debt: 62,633 CAD
Paid so Far: 56,584 CAD (90% Paid)
Remaining Lease Payments: 6,048 CAD
Residual Value: 1 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 56,584 CAD Total Vehicle Value: 62,633 CAD

90% Paid

10%

Vehicle Debt Breakdown

Downpayment: 8,200 CAD Remaining Term: 6,048 CAD

Term Paid so Far: 48,384 CAD Residual Value: 1 CAD

13%

77%

Cost to Own

Already Paid: 56,584 CAD (90%)

Cash Incentive: 0 CAD Buyout Price Today: 6,049 CAD

90% Paid

10%

Additional Financing Details

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: 6,049 CAD

4.9%Interest Rate x 48 months
139 CAD/month + tax
Total Payable: 6,673 CAD
Total Interest: 624 CAD

8.9%Interest Rate x 48 months
150 CAD/month + tax
Total Payable: 7,212 CAD
Total Interest: 1,163 CAD

14.9%Interest Rate x 48 months
168 CAD/month + tax
Total Payable: 8,066 CAD
Total Interest: 2,017 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)