Subaru Lease Takeover in Toronto, ON: 2018 Subaru WRX Sport Tech CVT AWD ID:#4942

Payment Analysis

520.61CAD/monthin Toronto, ON

Before Taxes:

520.61 CAD/month
240.28 CAD/bi-weekly
120.14 CAD/week
6,247.32 CAD/year

Incl. Ontario Taxes (13%):

588.29 CAD/month
271.52 CAD/bi-weekly
135.76 CAD/week
7,059.47 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: 6,460 CAD

compared to leasing a BRAND NEW:

Subaru WRX Sport Tech
for 30 months
in Ontario
$0 down payment
20,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	710
This Contract (CAD/month)	521
Monthly Difference	190 CAD/month
Remaining Term	x 34 months
Total Monthly Difference	= 6,460 CAD
Total Savings (CAD)	= 6,460

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 35,678 CAD

Total Vehicle Debt: 50,446 CAD
Paid so Far: 14,768 CAD (29% Paid)
Remaining Lease Payments: 17,701 CAD
Residual Value: 17,978 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 14,768 CAD Total Vehicle Value: 50,446 CAD

29% Paid

71%

Vehicle Debt Breakdown

Downpayment: 8,000 CAD Remaining Term: 17,701 CAD

Term Paid so Far: 6,768 CAD Residual Value: 17,978 CAD

15%

14%

35%

36%

Cost to Own

Already Paid: 14,768 CAD (29%)

Cash Incentive: 0 CAD Buyout Price Today: 35,678 CAD

29% Paid

71%

Additional Financing Details

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: 35,678 CAD

4.9%Interest Rate x 48 months
820 CAD/month + tax
Total Payable: 39,361 CAD
Total Interest: 3,683 CAD

8.9%Interest Rate x 48 months
886 CAD/month + tax
Total Payable: 42,536 CAD
Total Interest: 6,858 CAD

14.9%Interest Rate x 48 months
991 CAD/month + tax
Total Payable: 47,575 CAD
Total Interest: 11,897 CAD

At the end of the Lease Contract

Residual Value: 17,978 CAD (in 34 months)

4.9%Interest Rate x 48 months
413 CAD/month + tax
Total Payable: 19,833 CAD
Total Interest: 1,856 CAD

8.9%Interest Rate x 48 months
447 CAD/month + tax
Total Payable: 21,433 CAD
Total Interest: 3,455 CAD

14.9%Interest Rate x 48 months
499 CAD/month + tax
Total Payable: 23,972 CAD
Total Interest: 5,994 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)