Payment Analysis
412.00CAD/monthin Mississauga, ON
- 412.00 CAD/month
- 190.15 CAD/bi-weekly
- 95.08 CAD/week
- 4,944.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 465.56 CAD/month
- 214.87 CAD/bi-weekly
- 107.44 CAD/week
- 5,586.72 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:
2,252 ~ 3,152 CAD
compared to leasing a BRAND NEW:
- Chevrolet Cruze LT
- for 39 months
- in Ontario
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 775 |
---|---|
This Contract (CAD/month) | 412 |
Monthly Difference | 363 CAD/month |
Remaining Term | x 4 months |
Total Monthly Difference | = 1,452 CAD |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 2,252 ~ 3,152 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
12,959 CAD
- Total Vehicle Debt: 31,087 CAD
- Paid so Far: 18,128 CAD (58% Paid)
- Remaining Lease Payments: 1,648 CAD
- Residual Value: 11,311 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,128 CAD Total Vehicle Value: 31,087 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,648 CAD
Term Paid so Far: 18,128 CAD Residual Value: 11,311 CAD
Cost to Own
Already Paid: 18,128 CAD (58%)
Cash Incentive: 0 CAD Buyout Price Today: 12,959 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: 12,959 CAD
- 4.9%Interest Rate x 48 months
- 298 CAD/month + tax
- Total Payable: 14,296 CAD
- Total Interest: 1,338 CAD
- 8.9%Interest Rate x 48 months
- 322 CAD/month + tax
- Total Payable: 15,449 CAD
- Total Interest: 2,491 CAD
- 14.9%Interest Rate x 48 months
- 360 CAD/month + tax
- Total Payable: 17,280 CAD
- Total Interest: 4,321 CAD
At the end of the Lease Contract
Residual Value: 11,311 CAD (in 4 months)
- 4.9%Interest Rate x 48 months
- 260 CAD/month + tax
- Total Payable: 12,478 CAD
- Total Interest: 1,168 CAD
- 8.9%Interest Rate x 48 months
- 281 CAD/month + tax
- Total Payable: 13,485 CAD
- Total Interest: 2,174 CAD
- 14.9%Interest Rate x 48 months
- 314 CAD/month + tax
- Total Payable: 15,082 CAD
- Total Interest: 3,771 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)
2.12
- + tax
- + fuel
- + insurance
- 24.72CAD/100km (Original Contract back in Oct, 2020)
Time Analysis
Cost per day: (CAD)
13.55
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
4,488.46
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Oct, 2020)
Seller Contact Info
This Contract was Already Transferred.
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