Payment Analysis
326.24CAD/monthin Gatineau, QC
- 326.24 CAD/month
- 150.57 CAD/bi-weekly
- 75.29 CAD/week
- 3,914.88 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 375.11 CAD/month
- 173.13 CAD/bi-weekly
- 86.56 CAD/week
- 4,501.33 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:
5,760 ~ 7,060 CAD
compared to leasing a BRAND NEW:
- Toyota Corolla Hatchback CVT
- for 24 months
- in QC
- $0 down payment
- 33,000 km/year
| Leasing New (CAD/month) | 546 |
|---|---|
| This Contract (CAD/month) | 326 |
| Monthly Difference | 220 CAD/month |
| Remaining Term | x 28 months |
| Total Monthly Difference | = 6,160 CAD |
| - Required Payment** (CAD) | - 2,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 5,760 ~ 7,060 |
| ** The Required Payment from the vehicle owner. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
19,389 CAD
- Total Vehicle Debt: 32,482 CAD
- Paid so Far: 15,092 CAD (46% Paid)
- Remaining Lease Payments: 9,135 CAD
- Residual Value: 8,255 CAD
- Required Payment: 2,000 CAD
Vehicle Debt & Value
Paid so far: 15,092 CAD Total Vehicle Value: 32,482 CAD
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 9,135 CAD
Term Paid so Far: 11,092 CAD Residual Value: 8,255 CAD
Cost to Own
Already Paid: 15,092 CAD (46%)
Required Payment: 2,000 CAD (6%)Buyout Price Today: 19,389 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: 19,389 CAD
- 4.9%Interest Rate x 48 months
- 446 CAD/month + tax
- Total Payable: 21,391 CAD
- Total Interest: 2,002 CAD
- 8.9%Interest Rate x 48 months
- 482 CAD/month + tax
- Total Payable: 23,116 CAD
- Total Interest: 3,727 CAD
- 14.9%Interest Rate x 48 months
- 539 CAD/month + tax
- Total Payable: 25,855 CAD
- Total Interest: 6,465 CAD
At the end of the Lease Contract
Residual Value: 8,255 CAD (in 28 months)
- 4.9%Interest Rate x 48 months
- 190 CAD/month + tax
- Total Payable: 9,107 CAD
- Total Interest: 852 CAD
- 8.9%Interest Rate x 48 months
- 205 CAD/month + tax
- Total Payable: 9,841 CAD
- Total Interest: 1,587 CAD
- 14.9%Interest Rate x 48 months
- 229 CAD/month + tax
- Total Payable: 11,007 CAD
- Total Interest: 2,752 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)
14.70
- + tax
- + fuel
- + insurance
- 12.06CAD/100km (TODAY without the Cash Incentive)
- 16.31CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
13.07
- + tax
- + insurance
- + km driven & fuel
- 10.73CAD/day (Original Contract back in Jun, 2018)
Remaining Km
Can be driven up to:
624.15
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Jun, 2018)
