Payment Analysis

258.00CAD/monthin Toronto, ON
    Before Taxes:
  • 258.00 CAD/month
  • 119.08 CAD/bi-weekly
  • 59.54 CAD/week
  • 3,096.00 CAD/year
Incl. Ontario Taxes (13%):
  • 291.54 CAD/month
  • 134.56 CAD/bi-weekly
  • 67.28 CAD/week
  • 3,498.48 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: 14,560 CAD

compared to leasing a BRAND NEW:

  • Chevrolet Cruze LT 2WD
  • for 12 months
  • in Ontario
  • $0 down payment
  • 33,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 674
This Contract (CAD/month) 258
Monthly Difference 416 CAD/month
Remaining Term x 35 months
Total Monthly Difference = 14,560 CAD
Total Savings (CAD) = 14,560

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 22,030 CAD
  • Total Vehicle Debt: 48,062 CAD
  • Paid so Far: 26,032 CAD (54% Paid)
  • Remaining Lease Payments: 9,030 CAD
  • Residual Value: 13,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 26,032 CAD Total Vehicle Value: 48,062 CAD
54% Paid
46%
Vehicle Debt Breakdown
Downpayment: 25,000 CAD Remaining Term: 9,030 CAD
Term Paid so Far: 1,032 CAD Residual Value: 13,000 CAD
51%
3%
18%
28%
Cost to Own
Already Paid: 26,032 CAD (54%)
Cash Incentive: 0 CAD Buyout Price Today: 22,030 CAD
54% Paid
0%
46%
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: 22,030 CAD

  • 4.9%Interest Rate x 48 months
  • 506 CAD/month + tax
  • Total Payable: 24,304 CAD
  • Total Interest: 2,274 CAD
  • 8.9%Interest Rate x 48 months
  • 547 CAD/month + tax
  • Total Payable: 26,264 CAD
  • Total Interest: 4,234 CAD
  • 14.9%Interest Rate x 48 months
  • 612 CAD/month + tax
  • Total Payable: 29,376 CAD
  • Total Interest: 7,346 CAD

At the end of the Lease Contract

Residual Value: 13,000 CAD (in 35 months)

  • 4.9%Interest Rate x 48 months
  • 299 CAD/month + tax
  • Total Payable: 14,342 CAD
  • Total Interest: 1,342 CAD
  • 8.9%Interest Rate x 48 months
  • 323 CAD/month + tax
  • Total Payable: 15,499 CAD
  • Total Interest: 2,499 CAD
  • 14.9%Interest Rate x 48 months
  • 361 CAD/month + tax
  • Total Payable: 17,335 CAD
  • Total Interest: 4,335 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)
36.12
  • + tax
  • + fuel
  • + insurance
(or 0.36CAD per km)
Time Analysis
Cost per day: (CAD)
8.48
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
164.84
  • km/week
  • without any
  • additional costs
Excess km cost: 0.09CAD

Seller Contact Info

This Contract was Already Transferred.

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