Payment Analysis
378.74CAD/monthin Hamilton, ON
- 378.74 CAD/month
- 174.80 CAD/bi-weekly
- 87.40 CAD/week
- 4,544.88 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 427.98 CAD/month
- 197.53 CAD/bi-weekly
- 98.76 CAD/week
- 5,135.71 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:
5,680 ~ 6,080 CAD
compared to leasing a BRAND NEW:
- Mini Cooper Convertible (Caribbean Aqua Metallic) on 17" Cosmo Spoke Black Wheels
- for 36 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 500 |
|---|---|
| This Contract (CAD/month) | 379 |
| Monthly Difference | 122 CAD/month |
| Remaining Term | x 40 months |
| Total Monthly Difference | = 4,880 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 5,680 ~ 6,080 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
29,150 CAD
- Total Vehicle Debt: 34,680 CAD
- Paid so Far: 5,530 CAD (15% Paid)
- Remaining Lease Payments: 15,150 CAD
- Residual Value: 14,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 5,530 CAD Total Vehicle Value: 34,680 CAD
Vehicle Debt Breakdown
Downpayment: 2,500 CAD Remaining Term: 15,150 CAD
Term Paid so Far: 3,030 CAD Residual Value: 14,000 CAD
Cost to Own
Already Paid: 5,530 CAD (15%)
Cash Incentive: 0 CAD Buyout Price Today: 29,150 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: 29,150 CAD
- 4.9%Interest Rate x 48 months
- 670 CAD/month + tax
- Total Payable: 32,159 CAD
- Total Interest: 3,009 CAD
- 8.9%Interest Rate x 48 months
- 724 CAD/month + tax
- Total Payable: 34,752 CAD
- Total Interest: 5,603 CAD
- 14.9%Interest Rate x 48 months
- 810 CAD/month + tax
- Total Payable: 38,869 CAD
- Total Interest: 9,720 CAD
At the end of the Lease Contract
Residual Value: 14,000 CAD (in 40 months)
- 4.9%Interest Rate x 48 months
- 322 CAD/month + tax
- Total Payable: 15,445 CAD
- Total Interest: 1,445 CAD
- 8.9%Interest Rate x 48 months
- 348 CAD/month + tax
- Total Payable: 16,691 CAD
- Total Interest: 2,691 CAD
- 14.9%Interest Rate x 48 months
- 389 CAD/month + tax
- Total Payable: 18,668 CAD
- Total Interest: 4,668 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)
29.13
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
12.45
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
300.00
- km/week
- without any
- additional costs
