Payment Analysis

298.32CAD/monthin Ottawa, ON
    Before Taxes:
  • 298.32 CAD/month
  • 137.69 CAD/bi-weekly
  • 68.84 CAD/week
  • 3,579.84 CAD/year
Incl. Ontario Taxes (13%):
  • 337.10 CAD/month
  • 155.59 CAD/bi-weekly
  • 77.79 CAD/week
  • 4,045.22 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: 5,200 ~ 6,500 CAD

compared to leasing a BRAND NEW:

  • Toyota Corolla hatchback CVT Automatic 2WD Wear and Tear/WEARCARE Package
  • for 36 months
  • in Ontario
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 442
This Contract (CAD/month) 298
Monthly Difference 144 CAD/month
Remaining Term x 25 months
Total Monthly Difference = 3,600 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 5,200 ~ 6,500

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 16,909 CAD
  • Total Vehicle Debt: 28,246 CAD
  • Paid so Far: 11,336 CAD (40% Paid)
  • Remaining Lease Payments: 7,458 CAD
  • Residual Value: 9,451 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 11,336 CAD Total Vehicle Value: 28,246 CAD
40% Paid
60%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 7,458 CAD
Term Paid so Far: 11,336 CAD Residual Value: 9,451 CAD
0%
40%
26%
34%
Cost to Own
Already Paid: 11,336 CAD (40%)
Cash Incentive: 0 CAD Buyout Price Today: 16,909 CAD
40% Paid
0%
60%
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: 16,909 CAD

  • 4.9%Interest Rate x 48 months
  • 389 CAD/month + tax
  • Total Payable: 18,655 CAD
  • Total Interest: 1,746 CAD
  • 8.9%Interest Rate x 48 months
  • 420 CAD/month + tax
  • Total Payable: 20,159 CAD
  • Total Interest: 3,250 CAD
  • 14.9%Interest Rate x 48 months
  • 470 CAD/month + tax
  • Total Payable: 22,548 CAD
  • Total Interest: 5,638 CAD

At the end of the Lease Contract

Residual Value: 9,451 CAD (in 25 months)

  • 4.9%Interest Rate x 48 months
  • 217 CAD/month + tax
  • Total Payable: 10,427 CAD
  • Total Interest: 976 CAD
  • 8.9%Interest Rate x 48 months
  • 235 CAD/month + tax
  • Total Payable: 11,268 CAD
  • Total Interest: 1,817 CAD
  • 14.9%Interest Rate x 48 months
  • 263 CAD/month + tax
  • Total Payable: 12,603 CAD
  • Total Interest: 3,152 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)
7.66
  • + tax
  • + fuel
  • + insurance
(or 0.08CAD per km)
  • 14.92CAD/100km (Original Contract back in Nov, 2018)
Time Analysis
Cost per day: (CAD)
9.81
  • + tax
  • + insurance
  • + km driven & fuel
(0.13CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
898.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.07CAD
  • 461.54km/week (Contract Original back in Nov, 2018)

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Ottawa

CAD/month x 1 months
2022 Tesla Model 3 (ID: #43822)
968
Ottawa, ON
2022 Tesla

Model 3 Automatique 2WD

  • Warranty Complete Term
Payment Details
  • Current Payment: 968 CAD/month + tax
  • Original Downpayment: 1,192 CAD
  • Months to End: 1 months (May, 2026)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 6,203 km total
  • Available Now: 693,564 km/year (57,797 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.15 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details
CAD/month x 24 months
2024 Tesla Model 3 Long Range AWD (ID: #69325)
983
Ottawa
2024 Tesla

Model 3 Long Range AWD Automatique AWD

  • Winter Tires Included
Payment Details
  • Current Payment: 983 CAD/month + tax
  • Months to End: 24 months (Apr, 2028)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 31,893 km total
  • Available Now: 24,054 km/year (2,004 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details
CAD/month x 24 months
2025 KIA EV9 Land w/ Premium Pkg (ID: #69265)
1,108
Ottawa
2025 KIA

EV9 Land w/ Premium Pkg Automatique AWD

Payment Details
  • Current Payment: 1,108 CAD/month + tax
  • Residual Value: 46,376 CAD
  • Months to End: 24 months (Mar, 2028)
Vehicle Status
  • Contract Allowance: 30,000 km/year
  • Current Odometer: 28,200 km total
  • Available Now: 30,900 km/year (2,575 per month)
  • Excess Km Cost: 0.12 CAD/km
See all Details
CAD/month x 23 months
2019 Mercedes-Benz C300 4Matic (ID: #59525)
873
Ottawa
2019 Mercedes-Benz

C300 4Matic Automatique AWD

Payment Details
  • Current Payment: 873 CAD/month + tax
  • Months to End: 23 months (Mar, 2028)
Vehicle Status
  • Contract Allowance: 40,000 km/year
  • Current Odometer: 88,000 km total
  • Available Now: 77,565 km/year (6,464 per month)
See all Details
CAD/month x 1 months
2023 Nissan Rouge SV (ID: #56181)
497
Ottawa, ON
2023 Nissan

Rouge SV CVT AWD

  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 497 CAD/month + tax
  • Residual Value: 29,999 CAD
  • Months to End: 1 months (Feb, 2026)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 28,200 km total
  • Available Now: 45,600 km/year (3,800 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.10 CAD/km
See all Details
+ 1,000 cash
CAD/month x 13 months
2023 Audi A4 Komfort (ID: #55313)
768
Ottawa, ON
2023 Audi

A4 Komfort Automatique AWD Vorsprung Edition

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 768 CAD/month + tax
  • Cash Incentive: 1,000 CAD
  • Payment After Incentive: 691 CAD/month + tax
  • Residual Value: 22,433 CAD
  • Months to End: 13 months (May, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 47,200 km total
  • Available Now: 30,277 km/year (2,523 per month)
  • Excess Km Cost: 0.20 CAD/km
See all Details