Payment Analysis

442.47CAD/monthin Ottawa, ON
    Before Taxes:
  • 442.47 CAD/month
  • 204.22 CAD/bi-weekly
  • 102.11 CAD/week
  • 5,309.64 CAD/year
Incl. Ontario Taxes (13%):
  • 499.99 CAD/month
  • 230.77 CAD/bi-weekly
  • 115.38 CAD/week
  • 5,999.89 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: 11,330 ~ 12,630 CAD

compared to leasing a BRAND NEW:

  • MINI COOPER S 5 DOOR CLASSIC
  • for 12 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 720
This Contract (CAD/month) 442
Monthly Difference 278 CAD/month
Remaining Term x 35 months
Total Monthly Difference = 9,730 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 11,330 ~ 12,630

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 29,148 CAD
  • Total Vehicle Debt: 37,104 CAD
  • Paid so Far: 7,956 CAD (21% Paid)
  • Remaining Lease Payments: 15,486 CAD
  • Residual Value: 13,662 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 7,956 CAD Total Vehicle Value: 37,104 CAD
21% Paid
79%
Vehicle Debt Breakdown
Downpayment: 2,204 CAD Remaining Term: 15,486 CAD
Term Paid so Far: 5,752 CAD Residual Value: 13,662 CAD
5%
16%
41%
38%
Cost to Own
Already Paid: 7,956 CAD (21%)
Cash Incentive: 0 CAD Buyout Price Today: 29,148 CAD
21% Paid
0%
79%
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: 29,148 CAD

  • 4.9%Interest Rate x 48 months
  • 670 CAD/month + tax
  • Total Payable: 32,157 CAD
  • Total Interest: 3,009 CAD
  • 8.9%Interest Rate x 48 months
  • 724 CAD/month + tax
  • Total Payable: 34,751 CAD
  • Total Interest: 5,602 CAD
  • 14.9%Interest Rate x 48 months
  • 810 CAD/month + tax
  • Total Payable: 38,867 CAD
  • Total Interest: 9,719 CAD

At the end of the Lease Contract

Residual Value: 13,662 CAD (in 35 months)

  • 4.9%Interest Rate x 48 months
  • 314 CAD/month + tax
  • Total Payable: 15,072 CAD
  • Total Interest: 1,410 CAD
  • 8.9%Interest Rate x 48 months
  • 339 CAD/month + tax
  • Total Payable: 16,288 CAD
  • Total Interest: 2,626 CAD
  • 14.9%Interest Rate x 48 months
  • 380 CAD/month + tax
  • Total Payable: 18,217 CAD
  • Total Interest: 4,555 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)
25.81
  • + tax
  • + fuel
  • + insurance
(or 0.26CAD per km)
Time Analysis
Cost per day: (CAD)
14.55
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
395.60
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Ottawa

CAD/month x 26 months
2023 Tesla Standard Range Plus (ID: #50395)
702
Ottawa,ON
2023 Tesla

Standard Range Plus Automatique 2WD

Payment Details
  • Current Payment: 702 CAD/month + tax
  • Months to End: 26 months (Feb, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 20,000 km total
  • Available Now: 27,692 km/year (2,308 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details