Payment Analysis
253.51CAD/monthin Halifax, NS
- 253.51 CAD/month
- 117.00 CAD/bi-weekly
- 58.50 CAD/week
- 3,042.12 CAD/year
Before Taxes:
Incl. Nova Scotia Taxes (15%):
- 291.54 CAD/month
- 134.56 CAD/bi-weekly
- 67.28 CAD/week
- 3,498.44 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:
6,230 ~ 7,530 CAD
compared to leasing a BRAND NEW:
- Toyota Corolla LE CVT
- for 24 months
- in Nova Scotia
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 488 |
|---|---|
| This Contract (CAD/month) | 254 |
| Monthly Difference | 235 CAD/month |
| Remaining Term | x 18 months |
| Total Monthly Difference | = 4,230 CAD |
| + Cash Incentive** (CAD) | + 400 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 6,230 ~ 7,530 |
| ** "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:
14,351 CAD
- Total Vehicle Debt: 23,349 CAD
- Paid so Far: 8,598 CAD (36% Paid)
- Remaining Lease Payments: 4,563 CAD
- Residual Value: 10,188 CAD
- Cash Incentive: 400 CAD
Vehicle Debt & Value
Paid so far: 8,598 CAD Total Vehicle Value: 23,349 CAD
Vehicle Debt Breakdown
Downpayment: 1,500 CAD Remaining Term: 4,563 CAD
Term Paid so Far: 7,098 CAD Residual Value: 10,188 CAD
Cost to Own
Already Paid: 8,598 CAD (36%)
Cash Incentive: 400 CAD Buyout Price Today: 14,351 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: 14,351 CAD
- 4.9%Interest Rate x 48 months
- 330 CAD/month + tax
- Total Payable: 15,832 CAD
- Total Interest: 1,481 CAD
- 8.9%Interest Rate x 48 months
- 356 CAD/month + tax
- Total Payable: 17,109 CAD
- Total Interest: 2,758 CAD
- 14.9%Interest Rate x 48 months
- 399 CAD/month + tax
- Total Payable: 19,136 CAD
- Total Interest: 4,785 CAD
At the end of the Lease Contract
Residual Value: 10,188 CAD (in 18 months)
- 4.9%Interest Rate x 48 months
- 234 CAD/month + tax
- Total Payable: 11,239 CAD
- Total Interest: 1,052 CAD
- 8.9%Interest Rate x 48 months
- 253 CAD/month + tax
- Total Payable: 12,146 CAD
- Total Interest: 1,958 CAD
- 14.9%Interest Rate x 48 months
- 283 CAD/month + tax
- Total Payable: 13,584 CAD
- Total Interest: 3,397 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)
8.77
- + tax
- + fuel
- + insurance
- 9.61CAD/100km (TODAY without the Cash Incentive)
- 15.21CAD/100km (Original Contract back in Nov, 2018)
Time Analysis
Cost per day: (CAD)
7.60
- + tax
- + insurance
- + km driven & fuel
- 8.33CAD/day (Original Contract back in Nov, 2018)
Remaining Km
Can be driven up to:
608.55
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Nov, 2018)
Seller Contact Info
This Contract was Already Transferred.
Similar Listings in Halifax
2023 Honda
Pilot Touring Automatique AWD
Payment Details
- Current Payment: 981 CAD/month + tax
- Months to End: 49 months (Jun, 2028)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 9,000 km total
- Available Now: 21,878 km/year (1,823 per month)
