Payment Analysis
368.00CAD/monthin Hamilton, ON
- 368.00 CAD/month
- 169.85 CAD/bi-weekly
- 84.92 CAD/week
- 4,416.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 415.84 CAD/month
- 191.93 CAD/bi-weekly
- 95.96 CAD/week
- 4,990.08 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:
2,088 ~ 3,388 CAD
compared to leasing a BRAND NEW:
- Chevrolet Cruze LT
- for 24 months
- in Ontario
- $0 down payment
- 16,000 km/year
| Leasing New (CAD/month) | 429 |
|---|---|
| This Contract (CAD/month) | 368 |
| Monthly Difference | 61 CAD/month |
| Remaining Term | x 8 months |
| Total Monthly Difference | = 488 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 2,088 ~ 3,388 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
13,944 CAD
- Total Vehicle Debt: 33,080 CAD
- Paid so Far: 19,136 CAD (57% Paid)
- Remaining Lease Payments: 2,944 CAD
- Residual Value: 11,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 19,136 CAD Total Vehicle Value: 33,080 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,944 CAD
Term Paid so Far: 19,136 CAD Residual Value: 11,000 CAD
Cost to Own
Already Paid: 19,136 CAD (57%)
Cash Incentive: 0 CAD Buyout Price Today: 13,944 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: 13,944 CAD
- 4.9%Interest Rate x 48 months
- 320 CAD/month + tax
- Total Payable: 15,383 CAD
- Total Interest: 1,439 CAD
- 8.9%Interest Rate x 48 months
- 346 CAD/month + tax
- Total Payable: 16,624 CAD
- Total Interest: 2,680 CAD
- 14.9%Interest Rate x 48 months
- 387 CAD/month + tax
- Total Payable: 18,594 CAD
- Total Interest: 4,650 CAD
At the end of the Lease Contract
Residual Value: 11,000 CAD (in 8 months)
- 4.9%Interest Rate x 48 months
- 253 CAD/month + tax
- Total Payable: 12,136 CAD
- Total Interest: 1,136 CAD
- 8.9%Interest Rate x 48 months
- 273 CAD/month + tax
- Total Payable: 13,114 CAD
- Total Interest: 2,114 CAD
- 14.9%Interest Rate x 48 months
- 306 CAD/month + tax
- Total Payable: 14,668 CAD
- Total Interest: 3,668 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)
8.18
- + tax
- + fuel
- + insurance
- 22.08CAD/100km (Original Contract back in Aug, 2018)
Time Analysis
Cost per day: (CAD)
12.10
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
1,038.46
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Aug, 2018)
