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:
920 ~ 2,220 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 6 months |
Total Monthly Difference | = 1,320 CAD |
- Required Payment** (CAD) | - 2,000 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 920 ~ 2,220 |
** The Required Payment from the vehicle owner. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
12,212 CAD
- Total Vehicle Debt: 32,482 CAD
- Paid so Far: 22,269 CAD (68% Paid)
- Remaining Lease Payments: 1,957 CAD
- Residual Value: 8,255 CAD
- Required Payment: 2,000 CAD
Vehicle Debt & Value
Paid so far: 22,269 CAD Total Vehicle Value: 32,482 CAD
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 1,957 CAD
Term Paid so Far: 18,269 CAD Residual Value: 8,255 CAD
Cost to Own
Already Paid: 22,269 CAD (68%)
Required Payment: 2,000 CAD (6%)Buyout Price Today: 12,212 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: 12,212 CAD
- 4.9%Interest Rate x 48 months
- 281 CAD/month + tax
- Total Payable: 13,473 CAD
- Total Interest: 1,261 CAD
- 8.9%Interest Rate x 48 months
- 303 CAD/month + tax
- Total Payable: 14,559 CAD
- Total Interest: 2,347 CAD
- 14.9%Interest Rate x 48 months
- 339 CAD/month + tax
- Total Payable: 16,284 CAD
- Total Interest: 4,072 CAD
At the end of the Lease Contract
Residual Value: 8,255 CAD (in 6 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)
5.23
- + tax
- + fuel
- + insurance
- 2.58CAD/100km (TODAY without the Cash Incentive)
- 16.31CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
21.68
- + tax
- + insurance
- + km driven & fuel
- 10.73CAD/day (Original Contract back in Jun, 2018)
Remaining Km
Can be driven up to:
2,912.69
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Jun, 2018)