Payment Analysis
326.00CAD/monthin Toronto, ON
- 326.00 CAD/month
- 150.46 CAD/bi-weekly
- 75.23 CAD/week
- 3,912.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 368.38 CAD/month
- 170.02 CAD/bi-weekly
- 85.01 CAD/week
- 4,420.56 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:
198 CAD
compared to leasing a BRAND NEW:
- Chevrolet Cruze LTHyundai Sonata Preferred Automatic 2WD
- for 48 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 359 |
|---|---|
| This Contract (CAD/month) | 326 |
| Monthly Difference | 33 CAD/month |
| Remaining Term | x 6 months |
| Total Monthly Difference | = 198 CAD |
| Total Savings (CAD) | = 198 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
10,956 CAD
- Total Vehicle Debt: 28,560 CAD
- Paid so Far: 17,604 CAD (61% Paid)
- Remaining Lease Payments: 1,956 CAD
- Residual Value: 9,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,604 CAD Total Vehicle Value: 28,560 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,956 CAD
Term Paid so Far: 17,604 CAD Residual Value: 9,000 CAD
Cost to Own
Already Paid: 17,604 CAD (61%)
Cash Incentive: 0 CAD Buyout Price Today: 10,956 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: 10,956 CAD
- 4.9%Interest Rate x 48 months
- 252 CAD/month + tax
- Total Payable: 12,087 CAD
- Total Interest: 1,131 CAD
- 8.9%Interest Rate x 48 months
- 272 CAD/month + tax
- Total Payable: 13,062 CAD
- Total Interest: 2,106 CAD
- 14.9%Interest Rate x 48 months
- 304 CAD/month + tax
- Total Payable: 14,609 CAD
- Total Interest: 3,653 CAD
At the end of the Lease Contract
Residual Value: 9,000 CAD (in 6 months)
- 4.9%Interest Rate x 48 months
- 207 CAD/month + tax
- Total Payable: 9,929 CAD
- Total Interest: 929 CAD
- 8.9%Interest Rate x 48 months
- 224 CAD/month + tax
- Total Payable: 10,730 CAD
- Total Interest: 1,730 CAD
- 14.9%Interest Rate x 48 months
- 250 CAD/month + tax
- Total Payable: 12,001 CAD
- Total Interest: 3,001 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)
1.98
- + tax
- + fuel
- + insurance
- 16.30CAD/100km (Original Contract back in Nov, 2019)
Time Analysis
Cost per day: (CAD)
10.72
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
3,807.69
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Nov, 2019)
