Payment Analysis
345.00CAD/monthin Ottawa, ON
- 345.00 CAD/month
- 159.23 CAD/bi-weekly
- 79.62 CAD/week
- 4,140.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 389.85 CAD/month
- 179.93 CAD/bi-weekly
- 89.97 CAD/week
- 4,678.20 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:
2,712 ~ 4,012 CAD
compared to leasing a BRAND NEW:
- TOYOTA COROLLA HATCHBACK CVT with SE
- for 48 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 353 |
|---|---|
| This Contract (CAD/month) | 345 |
| Monthly Difference | 8 CAD/month |
| Remaining Term | x 14 months |
| Total Monthly Difference | = 112 CAD |
| + Cash Incentive** (CAD) | + 1,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 2,712 ~ 4,012 |
| ** "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:
13,965 CAD
- Total Vehicle Debt: 30,490 CAD
- Paid so Far: 15,525 CAD (50% Paid)
- Remaining Lease Payments: 4,830 CAD
- Residual Value: 10,135 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 15,525 CAD Total Vehicle Value: 30,490 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,830 CAD
Term Paid so Far: 15,525 CAD Residual Value: 10,135 CAD
Cost to Own
Already Paid: 15,525 CAD (50%)
Cash Incentive: 1,000 CAD Buyout Price Today: 13,965 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: 13,965 CAD
- 4.9%Interest Rate x 48 months
- 321 CAD/month + tax
- Total Payable: 15,407 CAD
- Total Interest: 1,442 CAD
- 8.9%Interest Rate x 48 months
- 347 CAD/month + tax
- Total Payable: 16,649 CAD
- Total Interest: 2,684 CAD
- 14.9%Interest Rate x 48 months
- 388 CAD/month + tax
- Total Payable: 18,622 CAD
- Total Interest: 4,657 CAD
At the end of the Lease Contract
Residual Value: 10,135 CAD (in 14 months)
- 4.9%Interest Rate x 48 months
- 233 CAD/month + tax
- Total Payable: 11,181 CAD
- Total Interest: 1,046 CAD
- 8.9%Interest Rate x 48 months
- 252 CAD/month + tax
- Total Payable: 12,083 CAD
- Total Interest: 1,948 CAD
- 14.9%Interest Rate x 48 months
- 282 CAD/month + tax
- Total Payable: 13,514 CAD
- Total Interest: 3,379 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)
4.21
- + tax
- + fuel
- + insurance
- 5.31CAD/100km (TODAY without the Cash Incentive)
- 20.70CAD/100km (Original Contract back in Jul, 2020)
Time Analysis
Cost per day: (CAD)
8.99
- + tax
- + insurance
- + km driven & fuel
- 11.34CAD/day (Original Contract back in Jul, 2020)
Remaining Km
Can be driven up to:
1,498.90
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jul, 2020)
Seller Contact Info
This Contract was Already Transferred.
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Payment Details
- Current Payment: 702 CAD/month + tax
- Months to End: 33 months (Feb, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 20,000 km total
- Available Now: 21,818 km/year (1,818 per month)
- Excess Km Cost: 0.15 CAD/km
