Payment Analysis

448.82CAD/monthin Vancouver, BC
    Before Taxes:
  • 448.82 CAD/month
  • 207.15 CAD/bi-weekly
  • 103.57 CAD/week
  • 5,385.84 CAD/year
Incl. B.C. Taxes (12%):
  • 502.68 CAD/month
  • 232.01 CAD/bi-weekly
  • 116.00 CAD/week
  • 6,032.14 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: 1,107 ~ 2,007 CAD

compared to leasing a BRAND NEW:

  • Toyota PRIUS PRIME Upgrade w/ Extra Care Protection Plan
  • for 24 months
  • in BC
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 755
This Contract (CAD/month) 449
Monthly Difference 307 CAD/month
Remaining Term x 1 months
Total Monthly Difference = 307 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,107 ~ 2,007

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 16,194 CAD
  • Total Vehicle Debt: 40,840 CAD
  • Paid so Far: 24,646 CAD (60% Paid)
  • Remaining Lease Payments: 449 CAD
  • Residual Value: 15,746 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 24,646 CAD Total Vehicle Value: 40,840 CAD
60% Paid
40%
Vehicle Debt Breakdown
Downpayment: 4,000 CAD Remaining Term: 449 CAD
Term Paid so Far: 20,646 CAD Residual Value: 15,746 CAD
9%
51%
1%
39%
Cost to Own
Already Paid: 24,646 CAD (60%)
Cash Incentive: 0 CAD Buyout Price Today: 16,194 CAD
60% Paid
0%
40%
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: 16,194 CAD

  • 4.9%Interest Rate x 48 months
  • 372 CAD/month + tax
  • Total Payable: 17,866 CAD
  • Total Interest: 1,672 CAD
  • 8.9%Interest Rate x 48 months
  • 402 CAD/month + tax
  • Total Payable: 19,307 CAD
  • Total Interest: 3,113 CAD
  • 14.9%Interest Rate x 48 months
  • 450 CAD/month + tax
  • Total Payable: 21,594 CAD
  • Total Interest: 5,400 CAD

At the end of the Lease Contract

Residual Value: 15,746 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 362 CAD/month + tax
  • Total Payable: 17,371 CAD
  • Total Interest: 1,625 CAD
  • 8.9%Interest Rate x 48 months
  • 391 CAD/month + tax
  • Total Payable: 18,772 CAD
  • Total Interest: 3,026 CAD
  • 14.9%Interest Rate x 48 months
  • 437 CAD/month + tax
  • Total Payable: 20,996 CAD
  • Total Interest: 5,250 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)
0.72
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 26.93CAD/100km (Original Contract back in Apr, 2020)
Time Analysis
Cost per day: (CAD)
14.76
  • + tax
  • + insurance
  • + km driven & fuel
(3.29CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
14,430.77
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Apr, 2020)

Seller Contact Info

This Contract was Already Transferred.

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