Payment Analysis

401.00CAD/monthin Ottawa, ON
    Before Taxes:
  • 401.00 CAD/month
  • 185.08 CAD/bi-weekly
  • 92.54 CAD/week
  • 4,812.00 CAD/year
Incl. Ontario Taxes (13%):
  • 453.13 CAD/month
  • 209.14 CAD/bi-weekly
  • 104.57 CAD/week
  • 5,437.56 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: 16,429 CAD
  • Total Vehicle Debt: 34,632 CAD
  • Paid so Far: 17,703 CAD (51% Paid)
  • Remaining Lease Payments: 6,817 CAD
  • Residual Value: 10,112 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 17,703 CAD Total Vehicle Value: 34,632 CAD
51% Paid
49%
Vehicle Debt Breakdown
Downpayment: 460 CAD Remaining Term: 6,817 CAD
Term Paid so Far: 17,243 CAD Residual Value: 10,112 CAD
1%
50%
19%
30%
Cost to Own
Already Paid: 17,703 CAD (51%)
Cash Incentive: 500 CAD Buyout Price Today: 16,429 CAD
51% Paid
1%
48%
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: 16,429 CAD

  • 4.9%Interest Rate x 48 months
  • 378 CAD/month + tax
  • Total Payable: 18,125 CAD
  • Total Interest: 1,696 CAD
  • 8.9%Interest Rate x 48 months
  • 408 CAD/month + tax
  • Total Payable: 19,587 CAD
  • Total Interest: 3,158 CAD
  • 14.9%Interest Rate x 48 months
  • 456 CAD/month + tax
  • Total Payable: 21,907 CAD
  • Total Interest: 5,478 CAD

At the end of the Lease Contract

Residual Value: 10,112 CAD (in 17 months)

  • 4.9%Interest Rate x 48 months
  • 232 CAD/month + tax
  • Total Payable: 11,156 CAD
  • Total Interest: 1,044 CAD
  • 8.9%Interest Rate x 48 months
  • 251 CAD/month + tax
  • Total Payable: 12,056 CAD
  • Total Interest: 1,944 CAD
  • 14.9%Interest Rate x 48 months
  • 281 CAD/month + tax
  • Total Payable: 13,484 CAD
  • Total Interest: 3,372 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)
7.73
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 8.34CAD/100km (TODAY without the Cash Incentive)
  • 24.06CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
12.22
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 13.18CAD/day (Original Contract back in Jun, 2018)
Remaining Km
Can be driven up to:
1,109.05
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Jun, 2018)