Payment Analysis
470.00CAD/monthin Vaughan, ON
- 470.00 CAD/month
- 216.92 CAD/bi-weekly
- 108.46 CAD/week
- 5,640.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 531.10 CAD/month
- 245.12 CAD/bi-weekly
- 122.56 CAD/week
- 6,373.20 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:
3,272 CAD
compared to leasing a BRAND NEW:
- Corolla Hatchback CVT 2WD SE upgrade
- for 24 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 554 |
|---|---|
| This Contract (CAD/month) | 470 |
| Monthly Difference | 84 CAD/month |
| Remaining Term | x 33 months |
| Total Monthly Difference | = 2,772 CAD |
| + Cash Incentive** (CAD) | + 500 |
| Total Savings (CAD) | = 3,272 |
| ** "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:
28,790 CAD
- Total Vehicle Debt: 31,640 CAD
- Paid so Far: 2,350 CAD (7% Paid)
- Remaining Lease Payments: 15,510 CAD
- Residual Value: 13,780 CAD
- Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 2,350 CAD Total Vehicle Value: 31,640 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 15,510 CAD
Term Paid so Far: 2,350 CAD Residual Value: 13,780 CAD
Cost to Own
Already Paid: 2,350 CAD (7%)
Cash Incentive: 500 CAD Buyout Price Today: 28,790 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: 28,790 CAD
- 4.9%Interest Rate x 48 months
- 662 CAD/month + tax
- Total Payable: 31,762 CAD
- Total Interest: 2,972 CAD
- 8.9%Interest Rate x 48 months
- 715 CAD/month + tax
- Total Payable: 34,324 CAD
- Total Interest: 5,534 CAD
- 14.9%Interest Rate x 48 months
- 800 CAD/month + tax
- Total Payable: 38,390 CAD
- Total Interest: 9,600 CAD
At the end of the Lease Contract
Residual Value: 13,780 CAD (in 33 months)
- 4.9%Interest Rate x 48 months
- 317 CAD/month + tax
- Total Payable: 15,203 CAD
- Total Interest: 1,423 CAD
- 8.9%Interest Rate x 48 months
- 342 CAD/month + tax
- Total Payable: 16,429 CAD
- Total Interest: 2,649 CAD
- 14.9%Interest Rate x 48 months
- 383 CAD/month + tax
- Total Payable: 18,375 CAD
- Total Interest: 4,595 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)
30.74
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
14.95
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
341.49
- km/week
- without any
- additional costs
Seller Contact Info
This Contract was Already Transferred.
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