Payment Analysis

193.24CAD/monthin Red Deer, AB
    Before Taxes:
  • 193.24 CAD/month
  • 89.19 CAD/bi-weekly
  • 44.59 CAD/week
  • 2,318.88 CAD/year
Incl. Alberta Taxes (5%):
  • 202.90 CAD/month
  • 93.65 CAD/bi-weekly
  • 46.82 CAD/week
  • 2,434.82 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: 1,598 ~ 2,498 CAD

compared to leasing a BRAND NEW:

  • Toyota Corolla Automatic 2WD w/ Extra Care Protection Plan (ECP)
  • for 48 months
  • in AB
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 307
This Contract (CAD/month) 193
Monthly Difference 114 CAD/month
Remaining Term x 7 months
Total Monthly Difference = 798 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,598 ~ 2,498

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)
1.54
  • + tax
  • + fuel
  • + insurance
(or 0.02CAD per km)
  • 11.59CAD/100km (Original Contract back in Dec, 2019)
Time Analysis
Cost per day: (CAD)
6.35
  • + tax
  • + insurance
  • + km driven & fuel
(0.47CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,896.16
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Dec, 2019)

Seller Contact Info

This Contract was Already Transferred.

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Payment Details
  • Current Payment: 892 CAD/month + tax
  • Months to End: 31 months (Dec, 2026)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 13,000 km total
  • Available Now: 19,742 km/year (1,645 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details