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: 8,170 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 43 months
Total Monthly Difference = 8,170 CAD
Total Savings (CAD) = 8,170

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 40,364 CAD
  • Total Vehicle Debt: 50,446 CAD
  • Paid so Far: 10,082 CAD (19% Paid)
  • Remaining Lease Payments: 22,386 CAD
  • Residual Value: 17,978 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,082 CAD Total Vehicle Value: 50,446 CAD
19% Paid
81%
Vehicle Debt Breakdown
Downpayment: 8,000 CAD Remaining Term: 22,386 CAD
Term Paid so Far: 2,082 CAD Residual Value: 17,978 CAD
15%
4%
44%
37%
Cost to Own
Already Paid: 10,082 CAD (19%)
Cash Incentive: 0 CAD Buyout Price Today: 40,364 CAD
19% Paid
0%
81%
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: 40,364 CAD

  • 4.9%Interest Rate x 48 months
  • 928 CAD/month + tax
  • Total Payable: 44,531 CAD
  • Total Interest: 4,167 CAD
  • 8.9%Interest Rate x 48 months
  • 1,003 CAD/month + tax
  • Total Payable: 48,122 CAD
  • Total Interest: 7,758 CAD
  • 14.9%Interest Rate x 48 months
  • 1,121 CAD/month + tax
  • Total Payable: 53,823 CAD
  • Total Interest: 13,459 CAD

At the end of the Lease Contract

Residual Value: 17,978 CAD (in 43 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)

Distance Analysis
Cost to drive 100km: (CAD)
43.16
  • + tax
  • + fuel
  • + insurance
(or 0.43CAD per km)
Time Analysis
Cost per day: (CAD)
17.12
  • + tax
  • + insurance
  • + km driven & fuel
(0.08CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
278.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD

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