Payment Analysis
518.00CAD/monthin Toronto, ON
- 518.00 CAD/month
- 239.08 CAD/bi-weekly
- 119.54 CAD/week
- 6,216.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 585.34 CAD/month
- 270.16 CAD/bi-weekly
- 135.08 CAD/week
- 7,024.08 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:
4,875 CAD
compared to leasing a BRAND NEW:
- Chevrolet Cruze LT
- for 24 months
- in Ontario
- $0 down payment
- 35,000 km/year
Leasing New (CAD/month) | 893 |
---|---|
This Contract (CAD/month) | 518 |
Monthly Difference | 375 CAD/month |
Remaining Term | x 13 months |
Total Monthly Difference | = 4,875 CAD |
Total Savings (CAD) | = 4,875 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
24,334 CAD
- Total Vehicle Debt: 42,464 CAD
- Paid so Far: 18,130 CAD (42% Paid)
- Remaining Lease Payments: 6,734 CAD
- Residual Value: 17,600 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,130 CAD Total Vehicle Value: 42,464 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,734 CAD
Term Paid so Far: 18,130 CAD Residual Value: 17,600 CAD
Cost to Own
Already Paid: 18,130 CAD (42%)
Cash Incentive: 0 CAD Buyout Price Today: 24,334 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: 24,334 CAD
- 4.9%Interest Rate x 48 months
- 559 CAD/month + tax
- Total Payable: 26,846 CAD
- Total Interest: 2,512 CAD
- 8.9%Interest Rate x 48 months
- 604 CAD/month + tax
- Total Payable: 29,011 CAD
- Total Interest: 4,677 CAD
- 14.9%Interest Rate x 48 months
- 676 CAD/month + tax
- Total Payable: 32,448 CAD
- Total Interest: 8,114 CAD
At the end of the Lease Contract
Residual Value: 17,600 CAD (in 13 months)
- 4.9%Interest Rate x 48 months
- 405 CAD/month + tax
- Total Payable: 19,417 CAD
- Total Interest: 1,817 CAD
- 8.9%Interest Rate x 48 months
- 437 CAD/month + tax
- Total Payable: 20,983 CAD
- Total Interest: 3,383 CAD
- 14.9%Interest Rate x 48 months
- 489 CAD/month + tax
- Total Payable: 23,469 CAD
- Total Interest: 5,869 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)
8.99
- + tax
- + fuel
- + insurance
- 25.90CAD/100km (Original Contract back in Mar, 2019)
Time Analysis
Cost per day: (CAD)
17.03
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
1,328.98
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Mar, 2019)
Seller Contact Info
This Contract was Already Transferred.
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