Payment Analysis

500.00CAD/monthin Montreal, QC
    Before Taxes:
  • 500.00 CAD/month
  • 230.77 CAD/bi-weekly
  • 115.38 CAD/week
  • 6,000.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 574.90 CAD/month
  • 265.34 CAD/bi-weekly
  • 132.67 CAD/week
  • 6,898.80 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: 27,000 CAD
  • Total Vehicle Debt: 60,000 CAD
  • Paid so Far: 33,000 CAD (55% Paid)
  • Remaining Lease Payments: 3,000 CAD
  • Residual Value: 24,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 33,000 CAD Total Vehicle Value: 60,000 CAD
55% Paid
45%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,000 CAD
Term Paid so Far: 33,000 CAD Residual Value: 24,000 CAD
0%
55%
5%
40%
Cost to Own
Already Paid: 33,000 CAD (55%)
Cash Incentive: 0 CAD Buyout Price Today: 27,000 CAD
55% Paid
0%
45%
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: 27,000 CAD

  • 4.9%Interest Rate x 48 months
  • 621 CAD/month + tax
  • Total Payable: 29,787 CAD
  • Total Interest: 2,787 CAD
  • 8.9%Interest Rate x 48 months
  • 671 CAD/month + tax
  • Total Payable: 32,190 CAD
  • Total Interest: 5,190 CAD
  • 14.9%Interest Rate x 48 months
  • 750 CAD/month + tax
  • Total Payable: 36,003 CAD
  • Total Interest: 9,003 CAD

At the end of the Lease Contract

Residual Value: 24,000 CAD (in 6 months)

  • 4.9%Interest Rate x 48 months
  • 552 CAD/month + tax
  • Total Payable: 26,478 CAD
  • Total Interest: 2,478 CAD
  • 8.9%Interest Rate x 48 months
  • 596 CAD/month + tax
  • Total Payable: 28,613 CAD
  • Total Interest: 4,613 CAD
  • 14.9%Interest Rate x 48 months
  • 667 CAD/month + tax
  • Total Payable: 32,003 CAD
  • Total Interest: 8,003 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)
10.00
  • + tax
  • + fuel
  • + insurance
(or 0.10CAD per km)
  • 30.00CAD/100km (Original Contract back in May, 2019)
Time Analysis
Cost per day: (CAD)
16.44
  • + tax
  • + insurance
  • + km driven & fuel
(0.55CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,153.85
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in May, 2019)

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