Payment Analysis
360.18CAD/monthin Barrie, ON
- 360.18 CAD/month
- 166.24 CAD/bi-weekly
- 83.12 CAD/week
- 4,322.16 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 407.00 CAD/month
- 187.85 CAD/bi-weekly
- 93.92 CAD/week
- 4,884.04 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:
8,306 ~ 8,706 CAD
compared to leasing a BRAND NEW:
- Mitsubishi Outlander SE AWD
- for 36 months (note this contract is less than 2 years)
- in Ontario
- $0 down payment
- 16,000 km/year
| Leasing New (CAD/month) | 499 |
|---|---|
| This Contract (CAD/month) | 360 |
| Monthly Difference | 139 CAD/month |
| Remaining Term | x 54 months |
| Total Monthly Difference | = 7,506 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 8,306 ~ 8,706 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
31,055 CAD
- Total Vehicle Debt: 28,894 CAD
- Paid so Far: -2,161 CAD (-8% Paid)
- Remaining Lease Payments: 19,450 CAD
- Residual Value: 11,605 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -2,161 CAD Total Vehicle Value: 28,894 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 19,450 CAD
Term Paid so Far: -2,161 CAD Residual Value: 11,605 CAD
Cost to Own
Already Paid: -2,161 CAD (-8%)
Cash Incentive: 0 CAD Buyout Price Today: 31,055 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: 31,055 CAD
- 4.9%Interest Rate x 48 months
- 714 CAD/month + tax
- Total Payable: 34,261 CAD
- Total Interest: 3,206 CAD
- 8.9%Interest Rate x 48 months
- 771 CAD/month + tax
- Total Payable: 37,024 CAD
- Total Interest: 5,969 CAD
- 14.9%Interest Rate x 48 months
- 863 CAD/month + tax
- Total Payable: 41,410 CAD
- Total Interest: 10,355 CAD
At the end of the Lease Contract
Residual Value: 11,605 CAD (in 54 months)
- 4.9%Interest Rate x 48 months
- 267 CAD/month + tax
- Total Payable: 12,803 CAD
- Total Interest: 1,198 CAD
- 8.9%Interest Rate x 48 months
- 288 CAD/month + tax
- Total Payable: 13,836 CAD
- Total Interest: 2,231 CAD
- 14.9%Interest Rate x 48 months
- 322 CAD/month + tax
- Total Payable: 15,475 CAD
- Total Interest: 3,870 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)
74.81
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
11.84
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
111.11
- km/week
- without any
- additional costs
