Payment Analysis

460.00CAD/monthin Surrey, BC
    Before Taxes:
  • 460.00 CAD/month
  • 212.31 CAD/bi-weekly
  • 106.15 CAD/week
  • 5,520.00 CAD/year
Incl. B.C. Taxes (12%):
  • 515.20 CAD/month
  • 237.78 CAD/bi-weekly
  • 118.89 CAD/week
  • 6,182.40 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: 3,724 CAD

compared to leasing a BRAND NEW:

  • Subaru WRX Sport-tech Automatic Transmission w/ Smart Remote Engine Starter kit ($579.95)
  • for 24 months
  • in British Columbia
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 656
This Contract (CAD/month) 460
Monthly Difference 196 CAD/month
Remaining Term x 19 months
Total Monthly Difference = 3,724 CAD
Total Savings (CAD) = 3,724

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 32,027 CAD
  • Total Vehicle Debt: 40,767 CAD
  • Paid so Far: 8,740 CAD (21% Paid)
  • Remaining Lease Payments: 8,740 CAD
  • Residual Value: 23,287 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,740 CAD Total Vehicle Value: 40,767 CAD
21% Paid
79%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 8,740 CAD
Term Paid so Far: 8,740 CAD Residual Value: 23,287 CAD
0%
21%
21%
58%
Cost to Own
Already Paid: 8,740 CAD (21%)
Cash Incentive: 0 CAD Buyout Price Today: 32,027 CAD
21% Paid
0%
79%
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: 32,027 CAD

  • 4.9%Interest Rate x 48 months
  • 736 CAD/month + tax
  • Total Payable: 35,333 CAD
  • Total Interest: 3,306 CAD
  • 8.9%Interest Rate x 48 months
  • 795 CAD/month + tax
  • Total Payable: 38,183 CAD
  • Total Interest: 6,156 CAD
  • 14.9%Interest Rate x 48 months
  • 890 CAD/month + tax
  • Total Payable: 42,706 CAD
  • Total Interest: 10,679 CAD

At the end of the Lease Contract

Residual Value: 23,287 CAD (in 19 months)

  • 4.9%Interest Rate x 48 months
  • 535 CAD/month + tax
  • Total Payable: 25,691 CAD
  • Total Interest: 2,404 CAD
  • 8.9%Interest Rate x 48 months
  • 578 CAD/month + tax
  • Total Payable: 27,763 CAD
  • Total Interest: 4,476 CAD
  • 14.9%Interest Rate x 48 months
  • 647 CAD/month + tax
  • Total Payable: 31,052 CAD
  • Total Interest: 7,765 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)
21.28
  • + tax
  • + fuel
  • + insurance
(or 0.21CAD per km)
  • 34.50CAD/100km (Original Contract back in Apr, 2020)
Time Analysis
Cost per day: (CAD)
15.12
  • + tax
  • + insurance
  • + km driven & fuel
(0.17CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
498.92
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 307.69km/week (Contract Original back in Apr, 2020)

Seller Contact Info

This Contract was Already Transferred.

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