Payment Analysis
119.71CAD/monthin Edmonton, AB
- 119.71 CAD/month
- 55.25 CAD/bi-weekly
- 27.63 CAD/week
- 1,436.52 CAD/year
Before Taxes:
Incl. Alberta Taxes (5%):
- 125.70 CAD/month
- 58.01 CAD/bi-weekly
- 29.01 CAD/week
- 1,508.35 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:
693 CAD
compared to leasing a BRAND NEW:
- Corrolla LE CVT Automatic 2WD
- for 40 months
- in AB
- $0 down payment
- 21,000 km/year
| Leasing New (CAD/month) | 350 |
|---|---|
| This Contract (CAD/month) | 120 |
| Monthly Difference | 231 CAD/month |
| Remaining Term | x 3 months |
| Total Monthly Difference | = 693 CAD |
| Total Savings (CAD) | = 693 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
10,521 CAD
- Total Vehicle Debt: 20,700 CAD
- Paid so Far: 10,180 CAD (49% Paid)
- Remaining Lease Payments: 359 CAD
- Residual Value: 10,161 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,180 CAD Total Vehicle Value: 20,700 CAD
Vehicle Debt Breakdown
Downpayment: 3,476 CAD Remaining Term: 359 CAD
Term Paid so Far: 6,704 CAD Residual Value: 10,161 CAD
Cost to Own
Already Paid: 10,180 CAD (49%)
Cash Incentive: 0 CAD Buyout Price Today: 10,521 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: 10,521 CAD
- 4.9%Interest Rate x 48 months
- 242 CAD/month + tax
- Total Payable: 11,607 CAD
- Total Interest: 1,086 CAD
- 8.9%Interest Rate x 48 months
- 261 CAD/month + tax
- Total Payable: 12,543 CAD
- Total Interest: 2,022 CAD
- 14.9%Interest Rate x 48 months
- 292 CAD/month + tax
- Total Payable: 14,029 CAD
- Total Interest: 3,508 CAD
At the end of the Lease Contract
Residual Value: 10,161 CAD (in 3 months)
- 4.9%Interest Rate x 48 months
- 234 CAD/month + tax
- Total Payable: 11,210 CAD
- Total Interest: 1,049 CAD
- 8.9%Interest Rate x 48 months
- 252 CAD/month + tax
- Total Payable: 12,114 CAD
- Total Interest: 1,953 CAD
- 14.9%Interest Rate x 48 months
- 282 CAD/month + tax
- Total Payable: 13,550 CAD
- Total Interest: 3,388 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)
0.40
- + tax
- + fuel
- + insurance
- 7.18CAD/100km (Original Contract back in Sep, 2019)
Time Analysis
Cost per day: (CAD)
3.94
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
6,833.33
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Sep, 2019)
Seller Contact Info
This Contract was Already Transferred.
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