Payment Analysis

410.60CAD/monthin Toronto, ON
    Before Taxes:
  • 410.60 CAD/month
  • 189.51 CAD/bi-weekly
  • 94.75 CAD/week
  • 4,927.20 CAD/year
Incl. Ontario Taxes (13%):
  • 463.98 CAD/month
  • 214.14 CAD/bi-weekly
  • 107.07 CAD/week
  • 5,567.74 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: 800 ~ 1,700 CAD

compared to leasing a BRAND NEW:

  • Chevrolet Cruze LT
  • for 12 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 411
This Contract (CAD/month) 411
Monthly Difference 0 CAD/month
Remaining Term x 63 months
Total Monthly Difference = 0 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 800 ~ 1,700

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 40,868 CAD
  • Total Vehicle Debt: 34,709 CAD
  • Paid so Far: -6,159 CAD (-18% Paid)
  • Remaining Lease Payments: 25,868 CAD
  • Residual Value: 15,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -6,159 CAD Total Vehicle Value: 34,709 CAD
-18% Paid
118%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 25,868 CAD
Term Paid so Far: -6,159 CAD Residual Value: 15,000 CAD
0%
-18%
74%
44%
Cost to Own
Already Paid: -6,159 CAD (-18%)
Cash Incentive: 0 CAD Buyout Price Today: 40,868 CAD
-18% Paid
0%
118%
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: 40,868 CAD

  • 4.9%Interest Rate x 48 months
  • 939 CAD/month + tax
  • Total Payable: 45,087 CAD
  • Total Interest: 4,219 CAD
  • 8.9%Interest Rate x 48 months
  • 1,015 CAD/month + tax
  • Total Payable: 48,723 CAD
  • Total Interest: 7,855 CAD
  • 14.9%Interest Rate x 48 months
  • 1,135 CAD/month + tax
  • Total Payable: 54,495 CAD
  • Total Interest: 13,627 CAD

At the end of the Lease Contract

Residual Value: 15,000 CAD (in 63 months)

  • 4.9%Interest Rate x 48 months
  • 345 CAD/month + tax
  • Total Payable: 16,548 CAD
  • Total Interest: 1,548 CAD
  • 8.9%Interest Rate x 48 months
  • 373 CAD/month + tax
  • Total Payable: 17,883 CAD
  • Total Interest: 2,883 CAD
  • 14.9%Interest Rate x 48 months
  • 417 CAD/month + tax
  • Total Payable: 20,002 CAD
  • Total Interest: 5,002 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)
2,586.78
  • + tax
  • + fuel
  • + insurance
(or 25.87CAD per km)
Time Analysis
Cost per day: (CAD)
13.50
  • + tax
  • + insurance
  • + km driven & fuel
(0.05CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
3.66
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD

Seller Contact Info

This Contract was Already Transferred.

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