Payment Analysis

419.00CAD/monthin Rockwood, ON
    Before Taxes:
  • 419.00 CAD/month
  • 193.38 CAD/bi-weekly
  • 96.69 CAD/week
  • 5,028.00 CAD/year
Incl. Ontario Taxes (13%):
  • 473.47 CAD/month
  • 218.52 CAD/bi-weekly
  • 109.26 CAD/week
  • 5,681.64 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: 19,218 CAD
  • Total Vehicle Debt: 38,073 CAD
  • Paid so Far: 18,855 CAD (49% Paid)
  • Remaining Lease Payments: 9,218 CAD
  • Residual Value: 10,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,855 CAD Total Vehicle Value: 38,073 CAD
49% Paid
51%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 9,218 CAD
Term Paid so Far: 18,855 CAD Residual Value: 10,000 CAD
0%
49%
24%
27%
Cost to Own
Already Paid: 18,855 CAD (49%)
Cash Incentive: 0 CAD Buyout Price Today: 19,218 CAD
49% Paid
0%
51%
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: 19,218 CAD

  • 4.9%Interest Rate x 48 months
  • 442 CAD/month + tax
  • Total Payable: 21,202 CAD
  • Total Interest: 1,984 CAD
  • 8.9%Interest Rate x 48 months
  • 477 CAD/month + tax
  • Total Payable: 22,912 CAD
  • Total Interest: 3,694 CAD
  • 14.9%Interest Rate x 48 months
  • 534 CAD/month + tax
  • Total Payable: 25,626 CAD
  • Total Interest: 6,408 CAD

At the end of the Lease Contract

Residual Value: 10,000 CAD (in 22 months)

  • 4.9%Interest Rate x 48 months
  • 230 CAD/month + tax
  • Total Payable: 11,032 CAD
  • Total Interest: 1,032 CAD
  • 8.9%Interest Rate x 48 months
  • 248 CAD/month + tax
  • Total Payable: 11,922 CAD
  • Total Interest: 1,922 CAD
  • 14.9%Interest Rate x 48 months
  • 278 CAD/month + tax
  • Total Payable: 13,334 CAD
  • Total Interest: 3,334 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)
21.60
  • + tax
  • + fuel
  • + insurance
(or 0.22CAD per km)
  • 25.14CAD/100km (Original Contract back in Jul, 2017)
Time Analysis
Cost per day: (CAD)
13.78
  • + tax
  • + insurance
  • + km driven & fuel
(0.15CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
447.55
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Jul, 2017)

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