Payment Analysis

523.00CAD/monthin St. John's, NL
    Before Taxes:
  • 523.00 CAD/month
  • 241.38 CAD/bi-weekly
  • 120.69 CAD/week
  • 6,276.00 CAD/year
Incl. Newfoundland & L. Taxes (15%):
  • 601.45 CAD/month
  • 277.59 CAD/bi-weekly
  • 138.80 CAD/week
  • 7,217.40 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: 9,718 ~ 11,018 CAD

compared to leasing a BRAND NEW:

  • WRX Sport w/ Manual Transmission
  • for 24 months
  • in N.L.
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 685
This Contract (CAD/month) 523
Monthly Difference 162 CAD/month
Remaining Term x 39 months
Total Monthly Difference = 6,318 CAD
+ Cash Incentive** (CAD) + 1,800
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 9,718 ~ 11,018
** "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: 34,260 CAD
  • Total Vehicle Debt: 40,767 CAD
  • Paid so Far: 4,707 CAD (11% Paid)
  • Remaining Lease Payments: 20,397 CAD
  • Residual Value: 15,663 CAD
  • Cash Incentive: 1,800 CAD
Vehicle Debt & Value
Paid so far: 4,707 CAD Total Vehicle Value: 40,767 CAD
11% Paid
89%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 20,397 CAD
Term Paid so Far: 4,707 CAD Residual Value: 15,663 CAD
0%
11%
50%
39%
Cost to Own
Already Paid: 4,707 CAD (11%)
Cash Incentive: 1,800 CAD Buyout Price Today: 34,260 CAD
11% Paid
4%
85%
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: 34,260 CAD

  • 4.9%Interest Rate x 48 months
  • 787 CAD/month + tax
  • Total Payable: 37,797 CAD
  • Total Interest: 3,537 CAD
  • 8.9%Interest Rate x 48 months
  • 851 CAD/month + tax
  • Total Payable: 40,845 CAD
  • Total Interest: 6,585 CAD
  • 14.9%Interest Rate x 48 months
  • 952 CAD/month + tax
  • Total Payable: 45,684 CAD
  • Total Interest: 11,424 CAD

At the end of the Lease Contract

Residual Value: 15,663 CAD (in 39 months)

  • 4.9%Interest Rate x 48 months
  • 360 CAD/month + tax
  • Total Payable: 17,280 CAD
  • Total Interest: 1,617 CAD
  • 8.9%Interest Rate x 48 months
  • 389 CAD/month + tax
  • Total Payable: 18,673 CAD
  • Total Interest: 3,010 CAD
  • 14.9%Interest Rate x 48 months
  • 435 CAD/month + tax
  • Total Payable: 20,886 CAD
  • Total Interest: 5,223 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)
38.58
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,800CAD incentive)
Time Analysis
Cost per day: (CAD)
15.68
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,800CAD incentive)
Remaining Km
Can be driven up to:
285.21
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD

Seller Contact Info

This Contract was Already Transferred.