Payment Analysis
381.00CAD/monthin Toronto, ON
- 381.00 CAD/month
- 175.85 CAD/bi-weekly
- 87.92 CAD/week
- 4,572.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 430.53 CAD/month
- 198.71 CAD/bi-weekly
- 99.35 CAD/week
- 5,166.36 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:
1,183 CAD
compared to leasing a BRAND NEW:
- Toyota Corolla SE Automatic FWD
- for 36 months
- in Ontario
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 442 |
---|---|
This Contract (CAD/month) | 381 |
Monthly Difference | 61 CAD/month |
Remaining Term | x 3 months |
Total Monthly Difference | = 183 CAD |
+ Cash Incentive** (CAD) | + 1,000 |
Total Savings (CAD) | = 1,183 |
** "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:
8,726 CAD
- Total Vehicle Debt: 32,079 CAD
- Paid so Far: 22,353 CAD (69% Paid)
- Remaining Lease Payments: 1,143 CAD
- Residual Value: 8,583 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 22,353 CAD Total Vehicle Value: 32,079 CAD
Vehicle Debt Breakdown
Downpayment: 1,017 CAD Remaining Term: 1,143 CAD
Term Paid so Far: 21,336 CAD Residual Value: 8,583 CAD
Cost to Own
Already Paid: 22,353 CAD (69%)
Cash Incentive: 1,000 CAD Buyout Price Today: 8,726 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: 8,726 CAD
- 4.9%Interest Rate x 48 months
- 201 CAD/month + tax
- Total Payable: 9,627 CAD
- Total Interest: 901 CAD
- 8.9%Interest Rate x 48 months
- 217 CAD/month + tax
- Total Payable: 10,403 CAD
- Total Interest: 1,677 CAD
- 14.9%Interest Rate x 48 months
- 242 CAD/month + tax
- Total Payable: 11,636 CAD
- Total Interest: 2,910 CAD
At the end of the Lease Contract
Residual Value: 8,583 CAD (in 3 months)
- 4.9%Interest Rate x 48 months
- 197 CAD/month + tax
- Total Payable: 9,469 CAD
- Total Interest: 886 CAD
- 8.9%Interest Rate x 48 months
- 213 CAD/month + tax
- Total Payable: 10,233 CAD
- Total Interest: 1,650 CAD
- 14.9%Interest Rate x 48 months
- 238 CAD/month + tax
- Total Payable: 11,445 CAD
- Total Interest: 2,862 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)
0.17
- + tax
- + fuel
- + insurance
- 1.36CAD/100km (TODAY without the Cash Incentive)
- 22.86CAD/100km (Original Contract back in Jan, 2019)
Time Analysis
Cost per day: (CAD)
1.57
- + tax
- + insurance
- + km driven & fuel
- 12.53CAD/day (Original Contract back in Jan, 2019)
Remaining Km
Can be driven up to:
6,479.49
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jan, 2019)
Seller Contact Info
This Contract was Already Transferred.
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