Payment Analysis

598.22CAD/monthin Mississauga, ON
    Before Taxes:
  • 598.22 CAD/month
  • 276.10 CAD/bi-weekly
  • 138.05 CAD/week
  • 7,178.64 CAD/year
Incl. Ontario Taxes (13%):
  • 675.99 CAD/month
  • 311.99 CAD/bi-weekly
  • 156.00 CAD/week
  • 8,111.86 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: 34,517 CAD
  • Total Vehicle Debt: 51,241 CAD
  • Paid so Far: 15,774 CAD (30% Paid)
  • Remaining Lease Payments: 16,152 CAD
  • Residual Value: 19,315 CAD
  • Cash Incentive: 950 CAD
Vehicle Debt & Value
Paid so far: 15,774 CAD Total Vehicle Value: 51,241 CAD
30% Paid
70%
Vehicle Debt Breakdown
Downpayment: 3,211 CAD Remaining Term: 16,152 CAD
Term Paid so Far: 12,563 CAD Residual Value: 19,315 CAD
6%
24%
31%
39%
Cost to Own
Already Paid: 15,774 CAD (30%)
Cash Incentive: 950 CAD Buyout Price Today: 34,517 CAD
30% Paid
1%
69%
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: 34,517 CAD

  • 4.9%Interest Rate x 48 months
  • 793 CAD/month + tax
  • Total Payable: 38,081 CAD
  • Total Interest: 3,563 CAD
  • 8.9%Interest Rate x 48 months
  • 857 CAD/month + tax
  • Total Payable: 41,152 CAD
  • Total Interest: 6,634 CAD
  • 14.9%Interest Rate x 48 months
  • 959 CAD/month + tax
  • Total Payable: 46,027 CAD
  • Total Interest: 11,510 CAD

At the end of the Lease Contract

Residual Value: 19,315 CAD (in 27 months)

  • 4.9%Interest Rate x 48 months
  • 444 CAD/month + tax
  • Total Payable: 21,309 CAD
  • Total Interest: 1,994 CAD
  • 8.9%Interest Rate x 48 months
  • 480 CAD/month + tax
  • Total Payable: 23,028 CAD
  • Total Interest: 3,712 CAD
  • 14.9%Interest Rate x 48 months
  • 537 CAD/month + tax
  • Total Payable: 25,756 CAD
  • Total Interest: 6,441 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)
25.59
  • + tax
  • + fuel
  • + insurance
(inlcuding the 950CAD incentive)
  • 27.19CAD/100km (TODAY without the Cash Incentive)
  • 44.87CAD/100km (Original Contract back in Feb, 2023)
Time Analysis
Cost per day: (CAD)
18.51
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 950CAD incentive)
  • 19.67CAD/day (Original Contract back in Feb, 2023)
Remaining Km
Can be driven up to:
507.69
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD
  • 307.69km/week (Contract Original back in Feb, 2023)

Seller Contact Info

  • Name: Daniel
  • Location: Mississauga, ON
  • Date Contract Started:
  • Date Contract Ends:

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Lease Transfer Fee: $950

Reason: Upgrading to SUV

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