Payment Analysis

580.00CAD/monthin Windsor, ON
    Before Taxes:
  • 580.00 CAD/month
  • 267.69 CAD/bi-weekly
  • 133.85 CAD/week
  • 6,960.00 CAD/year
Incl. Ontario Taxes (13%):
  • 655.40 CAD/month
  • 302.49 CAD/bi-weekly
  • 151.25 CAD/week
  • 7,864.80 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: 48,000 CAD
  • Total Vehicle Debt: 45,880 CAD
  • Paid so Far: -3,120 CAD (-7% Paid)
  • Remaining Lease Payments: 29,000 CAD
  • Residual Value: 20,000 CAD
  • Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: -3,120 CAD Total Vehicle Value: 45,880 CAD
-7% Paid
107%
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 29,000 CAD
Term Paid so Far: -8,120 CAD Residual Value: 20,000 CAD
11%
-18%
63%
44%
Cost to Own
Already Paid: -3,120 CAD (-7%)
Cash Incentive: 1,000 CAD Buyout Price Today: 48,000 CAD
-7% Paid
2%
105%
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: 48,000 CAD

  • 4.9%Interest Rate x 48 months
  • 1,103 CAD/month + tax
  • Total Payable: 52,955 CAD
  • Total Interest: 4,955 CAD
  • 8.9%Interest Rate x 48 months
  • 1,192 CAD/month + tax
  • Total Payable: 57,226 CAD
  • Total Interest: 9,226 CAD
  • 14.9%Interest Rate x 48 months
  • 1,333 CAD/month + tax
  • Total Payable: 64,005 CAD
  • Total Interest: 16,005 CAD

At the end of the Lease Contract

Residual Value: 20,000 CAD (in 50 months)

  • 4.9%Interest Rate x 48 months
  • 460 CAD/month + tax
  • Total Payable: 22,065 CAD
  • Total Interest: 2,065 CAD
  • 8.9%Interest Rate x 48 months
  • 497 CAD/month + tax
  • Total Payable: 23,844 CAD
  • Total Interest: 3,844 CAD
  • 14.9%Interest Rate x 48 months
  • 556 CAD/month + tax
  • Total Payable: 26,669 CAD
  • Total Interest: 6,669 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)
66.83
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
Time Analysis
Cost per day: (CAD)
18.41
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
Remaining Km
Can be driven up to:
193.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD

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