Payment Analysis

507.52CAD/monthin Burlington, ON
    Before Taxes:
  • 507.52 CAD/month
  • 234.24 CAD/bi-weekly
  • 117.12 CAD/week
  • 6,090.24 CAD/year
Incl. Ontario Taxes (13%):
  • 573.50 CAD/month
  • 264.69 CAD/bi-weekly
  • 132.35 CAD/week
  • 6,881.97 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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 12,754 CAD
  • Total Vehicle Debt: 43,860 CAD
  • Paid so Far: 29,906 CAD (68% Paid)
  • Remaining Lease Payments: 3,045 CAD
  • Residual Value: 10,909 CAD
  • Cash Incentive: 1,200 CAD
Vehicle Debt & Value
Paid so far: 29,906 CAD Total Vehicle Value: 43,860 CAD
68% Paid
32%
Vehicle Debt Breakdown
Downpayment: 2,500 CAD Remaining Term: 3,045 CAD
Term Paid so Far: 27,406 CAD Residual Value: 10,909 CAD
5%
63%
6%
26%
Cost to Own
Already Paid: 29,906 CAD (68%)
Cash Incentive: 1,200 CAD Buyout Price Today: 12,754 CAD
68% Paid
2%
30%
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: 12,754 CAD

  • 4.9%Interest Rate x 48 months
  • 293 CAD/month + tax
  • Total Payable: 14,070 CAD
  • Total Interest: 1,317 CAD
  • 8.9%Interest Rate x 48 months
  • 317 CAD/month + tax
  • Total Payable: 15,205 CAD
  • Total Interest: 2,451 CAD
  • 14.9%Interest Rate x 48 months
  • 354 CAD/month + tax
  • Total Payable: 17,007 CAD
  • Total Interest: 4,253 CAD

At the end of the Lease Contract

Residual Value: 10,909 CAD (in 6 months)

  • 4.9%Interest Rate x 48 months
  • 251 CAD/month + tax
  • Total Payable: 12,035 CAD
  • Total Interest: 1,126 CAD
  • 8.9%Interest Rate x 48 months
  • 271 CAD/month + tax
  • Total Payable: 13,005 CAD
  • Total Interest: 2,097 CAD
  • 14.9%Interest Rate x 48 months
  • 303 CAD/month + tax
  • Total Payable: 14,546 CAD
  • Total Interest: 3,637 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)
1.65
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,200CAD incentive)
  • 2.73CAD/100km (TODAY without the Cash Incentive)
  • 25.38CAD/100km (Original Contract back in May, 2020)
Time Analysis
Cost per day: (CAD)
10.11
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,200CAD incentive)
  • 16.69CAD/day (Original Contract back in May, 2020)
Remaining Km
Can be driven up to:
4,288.46
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 461.54km/week (Contract Original back in May, 2020)

Seller Contact Info

This Contract was Already Transferred.

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