Payment Analysis
364.20CAD/monthin Montreal, QC
- 364.20 CAD/month
- 168.09 CAD/bi-weekly
- 84.05 CAD/week
- 4,370.40 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 418.76 CAD/month
- 193.27 CAD/bi-weekly
- 96.64 CAD/week
- 5,025.09 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:
8,020 ~ 8,420 CAD
compared to leasing a BRAND NEW:
- Chevrolet Cruze Hatchback LT
- for 36 months
- in Quebec
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 650 |
|---|---|
| This Contract (CAD/month) | 364 |
| Monthly Difference | 286 CAD/month |
| Remaining Term | x 20 months |
| Total Monthly Difference | = 5,720 CAD |
| + Cash Incentive** (CAD) | + 1,500 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 8,020 ~ 8,420 |
| ** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
12,724 CAD
- Total Vehicle Debt: 28,792 CAD
- Paid so Far: 14,568 CAD (50% Paid)
- Remaining Lease Payments: 7,284 CAD
- Residual Value: 6,940 CAD
- Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 14,568 CAD Total Vehicle Value: 28,792 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 7,284 CAD
Term Paid so Far: 14,568 CAD Residual Value: 6,940 CAD
Cost to Own
Already Paid: 14,568 CAD (50%)
Cash Incentive: 1,500 CAD Buyout Price Today: 12,724 CAD
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: 12,724 CAD
- 4.9%Interest Rate x 48 months
- 292 CAD/month + tax
- Total Payable: 14,038 CAD
- Total Interest: 1,314 CAD
- 8.9%Interest Rate x 48 months
- 316 CAD/month + tax
- Total Payable: 15,170 CAD
- Total Interest: 2,446 CAD
- 14.9%Interest Rate x 48 months
- 353 CAD/month + tax
- Total Payable: 16,967 CAD
- Total Interest: 4,243 CAD
At the end of the Lease Contract
Residual Value: 6,940 CAD (in 20 months)
- 4.9%Interest Rate x 48 months
- 160 CAD/month + tax
- Total Payable: 7,657 CAD
- Total Interest: 716 CAD
- 8.9%Interest Rate x 48 months
- 172 CAD/month + tax
- Total Payable: 8,274 CAD
- Total Interest: 1,334 CAD
- 14.9%Interest Rate x 48 months
- 193 CAD/month + tax
- Total Payable: 9,254 CAD
- Total Interest: 2,314 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)
6.05
- + tax
- + fuel
- + insurance
- 7.62CAD/100km (TODAY without the Cash Incentive)
- 21.85CAD/100km (Original Contract back in Mar, 2018)
Time Analysis
Cost per day: (CAD)
9.51
- + tax
- + insurance
- + km driven & fuel
- 11.97CAD/day (Original Contract back in Mar, 2018)
Remaining Km
Can be driven up to:
1,102.50
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Mar, 2018)
Similar Listings in Montreal
2023 KIA
Forte EX+ CVT 2WD
Payment Details
- Current Payment: 474 CAD/month + tax
- Months to End: 43 months (Jul, 2028)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 30,700 km total
- Available Now: 24,921 km/year (2,077 per month)
2024 Nissan
Nissan Sentra 2.0 Automatique 2WD
Payment Details
- Current Payment: 311 CAD/month + tax
- Original Downpayment: 4,500 CAD
- Residual Value: 25,000 CAD
- Months to End: 13 months (Jan, 2026)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 12,000 km total
- Available Now: 24,308 km/year (2,026 per month)
+ 1,000 cash
2023 Mercedes-Benz
C300 amg pack Automatique AWD
Payment Details
- Current Payment: 974 CAD/month + tax
- Cash Incentive: 1,000 CAD
- Payment After Incentive: 952 CAD/month + tax
- Original Downpayment: 3,000 CAD
- Months to End: 46 months (Oct, 2028)
Vehicle Status
- Contract Allowance: 22,000 km/year
- Current Odometer: 16,000 km total
- Available Now: 24,043 km/year (2,004 per month)
2023 Honda
Civic EX Automatique 2WD
Payment Details
- Current Payment: 374 CAD/month + tax
- Original Downpayment: 3,000 CAD
- Residual Value: 12,000 CAD
- Months to End: 36 months (Dec, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 26,665 km total
- Available Now: 24,445 km/year (2,037 per month)
- Excess Km Cost: 0.10 CAD/km
2024 KIA
Forte Ex Automatique 2WD
Payment Details
- Current Payment: 382 CAD/month + tax
- Months to End: 26 months (Feb, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 11,112 km total
- Available Now: 21,794 km/year (1,816 per month)
+ 1,000 cash
2022 Tesla
Model 3 Performance Automatique AWD Premium audio, white interior, premium interior
Payment Details
- Current Payment: 1,207 CAD/month + tax
- Cash Incentive: 1,000 CAD
- Payment After Incentive: 1,162 CAD/month + tax
- Original Downpayment: 1,300 CAD
- Months to End: 22 months (Sep, 2026)
Vehicle Status
- Contract Allowance: 25,000 km/year
- Current Odometer: 35,000 km total
- Available Now: 35,455 km/year (2,955 per month)
- Excess Km Cost: 0.16 CAD/km
