Payment Analysis
260.00CAD/monthin Maidstone, SK
- 260.00 CAD/month
- 120.00 CAD/bi-weekly
- 60.00 CAD/week
- 3,120.00 CAD/year
Before Taxes:
Incl. Saskatchewan Taxes (11%):
- 288.60 CAD/month
- 133.20 CAD/bi-weekly
- 66.60 CAD/week
- 3,463.20 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:
9,889 CAD
compared to leasing a BRAND NEW:
- Toyota Corolla SE CVT
- for 24 months
- in SK
- $0 down payment
- 50,000 km/year
Leasing New (CAD/month) | 579 |
---|---|
This Contract (CAD/month) | 260 |
Monthly Difference | 319 CAD/month |
Remaining Term | x 31 months |
Total Monthly Difference | = 9,889 CAD |
Total Savings (CAD) | = 9,889 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
17,213 CAD
- Total Vehicle Debt: 25,753 CAD
- Paid so Far: 8,540 CAD (33% Paid)
- Remaining Lease Payments: 8,060 CAD
- Residual Value: 9,153 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,540 CAD Total Vehicle Value: 25,753 CAD
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 8,060 CAD
Term Paid so Far: 7,540 CAD Residual Value: 9,153 CAD
Cost to Own
Already Paid: 8,540 CAD (33%)
Cash Incentive: 0 CAD Buyout Price Today: 17,213 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: 17,213 CAD
- 4.9%Interest Rate x 48 months
- 396 CAD/month + tax
- Total Payable: 18,990 CAD
- Total Interest: 1,777 CAD
- 8.9%Interest Rate x 48 months
- 428 CAD/month + tax
- Total Payable: 20,521 CAD
- Total Interest: 3,308 CAD
- 14.9%Interest Rate x 48 months
- 478 CAD/month + tax
- Total Payable: 22,953 CAD
- Total Interest: 5,740 CAD
At the end of the Lease Contract
Residual Value: 9,153 CAD (in 31 months)
- 4.9%Interest Rate x 48 months
- 210 CAD/month + tax
- Total Payable: 10,098 CAD
- Total Interest: 945 CAD
- 8.9%Interest Rate x 48 months
- 227 CAD/month + tax
- Total Payable: 10,912 CAD
- Total Interest: 1,759 CAD
- 14.9%Interest Rate x 48 months
- 254 CAD/month + tax
- Total Payable: 12,205 CAD
- Total Interest: 3,052 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)
11.85
- + tax
- + fuel
- + insurance
- 15.60CAD/100km (Original Contract back in Sep, 2016)
Time Analysis
Cost per day: (CAD)
8.55
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
506.20
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Sep, 2016)