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: 1,744 ~ 3,044 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 1 months
Total Monthly Difference = 144 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,744 ~ 3,044

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 9,750 CAD
  • Total Vehicle Debt: 28,246 CAD
  • Paid so Far: 18,496 CAD (65% Paid)
  • Remaining Lease Payments: 298 CAD
  • Residual Value: 9,451 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,496 CAD Total Vehicle Value: 28,246 CAD
65% Paid
35%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 298 CAD
Term Paid so Far: 18,496 CAD Residual Value: 9,451 CAD
0%
65%
1%
34%
Cost to Own
Already Paid: 18,496 CAD (65%)
Cash Incentive: 0 CAD Buyout Price Today: 9,750 CAD
65% Paid
0%
35%
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: 9,750 CAD

  • 4.9%Interest Rate x 48 months
  • 224 CAD/month + tax
  • Total Payable: 10,756 CAD
  • Total Interest: 1,006 CAD
  • 8.9%Interest Rate x 48 months
  • 242 CAD/month + tax
  • Total Payable: 11,624 CAD
  • Total Interest: 1,874 CAD
  • 14.9%Interest Rate x 48 months
  • 271 CAD/month + tax
  • Total Payable: 13,001 CAD
  • Total Interest: 3,251 CAD

At the end of the Lease Contract

Residual Value: 9,451 CAD (in 1 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)
0.31
  • + tax
  • + fuel
  • + insurance
(or 0.00CAD per km)
  • 14.92CAD/100km (Original Contract back in Nov, 2018)
Time Analysis
Cost per day: (CAD)
9.81
  • + tax
  • + insurance
  • + km driven & fuel
(3.29CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
22,459.62
  • 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.

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CAD/month x 25 months
2022 Tesla Model 3 (ID: #43822)
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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: 25 months (May, 2026)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 6,203 km total
  • Available Now: 27,743 km/year (2,312 per month)
  • 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