Payment Analysis
383.00CAD/monthin Oakville, ON
- 383.00 CAD/month
- 176.77 CAD/bi-weekly
- 88.38 CAD/week
- 4,596.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 432.79 CAD/month
- 199.75 CAD/bi-weekly
- 99.87 CAD/week
- 5,193.48 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:
2,800 ~ 4,100 CAD
compared to leasing a BRAND NEW:
- Toyota Corolla XSE CVT
- for 36 months
- in Ontario
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 456 |
---|---|
This Contract (CAD/month) | 383 |
Monthly Difference | 73 CAD/month |
Remaining Term | x 0 months |
Total Monthly Difference | = 0 CAD |
+ Cash Incentive** (CAD) | + 1,200 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 2,800 ~ 4,100 |
** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
12,885 CAD
- Total Vehicle Debt: 32,886 CAD
- Paid so Far: 18,801 CAD (57% Paid)
- Remaining Lease Payments: 0 CAD
- Residual Value: 14,085 CAD
- Cash Incentive: 1,200 CAD
Vehicle Debt & Value
Paid so far: 18,801 CAD Total Vehicle Value: 32,886 CAD
Vehicle Debt Breakdown
Downpayment: 800 CAD Remaining Term: 0 CAD
Term Paid so Far: 18,001 CAD Residual Value: 14,085 CAD
Cost to Own
Already Paid: 18,801 CAD (57%)
Cash Incentive: 1,200 CAD Buyout Price Today: 12,885 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: 12,885 CAD
- 4.9%Interest Rate x 48 months
- 296 CAD/month + tax
- Total Payable: 14,215 CAD
- Total Interest: 1,330 CAD
- 8.9%Interest Rate x 48 months
- 320 CAD/month + tax
- Total Payable: 15,362 CAD
- Total Interest: 2,477 CAD
- 14.9%Interest Rate x 48 months
- 358 CAD/month + tax
- Total Payable: 17,181 CAD
- Total Interest: 4,296 CAD
At the end of the Lease Contract
Residual Value: 14,085 CAD (in 1 months)
- 4.9%Interest Rate x 48 months
- 324 CAD/month + tax
- Total Payable: 15,539 CAD
- Total Interest: 1,454 CAD
- 8.9%Interest Rate x 48 months
- 350 CAD/month + tax
- Total Payable: 16,792 CAD
- Total Interest: 2,707 CAD
- 14.9%Interest Rate x 48 months
- 391 CAD/month + tax
- Total Payable: 18,782 CAD
- Total Interest: 4,697 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)
-1.21
- + tax
- + fuel
- + insurance
- 0.57CAD/100km (TODAY without the Cash Incentive)
- 22.98CAD/100km (Original Contract back in Apr, 2020)
Time Analysis
Cost per day: (CAD)
-26.86
- + tax
- + insurance
- + km driven & fuel
- 12.59CAD/day (Original Contract back in Apr, 2020)
Remaining Km
Can be driven up to:
15,538.46
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Apr, 2020)
Seller Contact Info
This Contract was Already Transferred.
Similar Listings in Toronto
+ 3,000 cash
2023 Volkswagen
GTI Automatique 2WD Autobahn
Payment Details
- Current Payment: 652 CAD/month + tax
- Cash Incentive: 3,000 CAD
- Payment After Incentive: 566 CAD/month + tax
- Residual Value: 21,631 CAD
- Months to End: 35 months (Apr, 2027)
Vehicle Status
- Contract Allowance: 12,000 km/year
- Current Odometer: 8,800 km total
- Available Now: 13,440 km/year (1,120 per month)
- Excess Km Cost: 0.15 CAD/km
2022 Lexus
IS300 Luxury Automatique AWD
Payment Details
- Current Payment: 606 CAD/month + tax
- Residual Value: 20,517 CAD
- Months to End: 37 months (Jun, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 18,200 km total
- Available Now: 25,989 km/year (2,166 per month)
- Excess Km Cost: 0.20 CAD/km
+ 950 cash
2023 Mazda
Mazda3 Sport GT Automatique AWD
Payment Details
- Current Payment: 598 CAD/month + tax
- Cash Incentive: 950 CAD
- Payment After Incentive: 570 CAD/month + tax
- Original Downpayment: 3,211 CAD
- Residual Value: 19,315 CAD
- Months to End: 34 months (Feb, 2027)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 4,600 km total
- Available Now: 20,965 km/year (1,747 per month)
- Excess Km Cost: 0.08 CAD/km
2021 Mazda
Mazda3 GT Auto FWD Automatique 2WD w/ Warranty Complete Term + Wear & Tear Coverage
Payment Details
- Current Payment: 352 CAD/month + tax
- Months to End: 8 months (Jan, 2025)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 52,000 km total
- Available Now: 42,000 km/year (3,500 per month)
- Please note that this contract ends in less than a year.
2023 Nissan
Kicks SR Automatique 2WD
Payment Details
- Current Payment: 355 CAD/month + tax
- Months to End: 47 months (Mar, 2028)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 7,000 km total
- Available Now: 18,638 km/year (1,553 per month)
2023 Genesis
G70 Sport 3.3T Automatique AWD
Payment Details
- Current Payment: 762 CAD/month + tax
- Original Downpayment: 3,000 CAD
- Residual Value: 29,939 CAD
- Months to End: 34 months (Feb, 2027)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 16,000 km total
- Available Now: 16,941 km/year (1,412 per month)
- Excess Km Cost: 0.25 CAD/km