Payment Analysis

363.61CAD/monthin Toronto, ON
    Before Taxes:
  • 363.61 CAD/month
  • 167.82 CAD/bi-weekly
  • 83.91 CAD/week
  • 4,363.32 CAD/year
Incl. Ontario Taxes (13%):
  • 410.88 CAD/month
  • 189.64 CAD/bi-weekly
  • 94.82 CAD/week
  • 4,930.55 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: 6,130 ~ 6,530 CAD

compared to leasing a BRAND NEW:

  • Toyota COROLLA LE CVT
  • for 48 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 285
This Contract (CAD/month) 364
Monthly Difference -78 CAD/month
Remaining Term x 15 months
Total Monthly Difference = -1,170 CAD
+ Cash Incentive** (CAD) + 6,500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 6,130 ~ 6,530
** "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: 8,736 CAD
  • Total Vehicle Debt: 31,598 CAD
  • Paid so Far: 16,362 CAD (51% Paid)
  • Remaining Lease Payments: 5,454 CAD
  • Residual Value: 9,782 CAD
  • Cash Incentive: 6,500 CAD
Vehicle Debt & Value
Paid so far: 16,362 CAD Total Vehicle Value: 31,598 CAD
51% Paid
49%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,454 CAD
Term Paid so Far: 16,362 CAD Residual Value: 9,782 CAD
0%
51%
17%
32%
Cost to Own
Already Paid: 16,362 CAD (51%)
Cash Incentive: 6,500 CAD Buyout Price Today: 8,736 CAD
51% Paid
20%
29%
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: 8,736 CAD

  • 4.9%Interest Rate x 48 months
  • 201 CAD/month + tax
  • Total Payable: 9,638 CAD
  • Total Interest: 902 CAD
  • 8.9%Interest Rate x 48 months
  • 217 CAD/month + tax
  • Total Payable: 10,415 CAD
  • Total Interest: 1,679 CAD
  • 14.9%Interest Rate x 48 months
  • 243 CAD/month + tax
  • Total Payable: 11,649 CAD
  • Total Interest: 2,913 CAD

At the end of the Lease Contract

Residual Value: 9,782 CAD (in 15 months)

  • 4.9%Interest Rate x 48 months
  • 225 CAD/month + tax
  • Total Payable: 10,792 CAD
  • Total Interest: 1,010 CAD
  • 8.9%Interest Rate x 48 months
  • 243 CAD/month + tax
  • Total Payable: 11,662 CAD
  • Total Interest: 1,880 CAD
  • 14.9%Interest Rate x 48 months
  • 272 CAD/month + tax
  • Total Payable: 13,043 CAD
  • Total Interest: 3,262 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)
-1.39
  • + tax
  • + fuel
  • + insurance
(inlcuding the 6,500CAD incentive)
  • 7.23CAD/100km (TODAY without the Cash Incentive)
  • 21.82CAD/100km (Original Contract back in Jul, 2020)
Time Analysis
Cost per day: (CAD)
-2.29
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 6,500CAD incentive)
  • 11.95CAD/day (Original Contract back in Jul, 2020)
Remaining Km
Can be driven up to:
1,161.23
  • km/week
  • without any
  • additional costs
Excess km cost: 0.07CAD
  • 384.62km/week (Contract Original back in Jul, 2020)

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Toronto

SAVE ~800 CAD
CAD/month x 52 months
2023 Hyundai IONIQ 6 ULTIMATE (ID: #52060)
910
Toronto, ON
2023 Hyundai

IONIQ 6 ULTIMATE Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 910 CAD/month + tax
  • Months to End: 52 months (Sep, 2028)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 18,000 km total
  • Available Now: 23,538 km/year (1,962 per month)
Deal Special Perks
  • Hot Lease Takeover Deal
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details
+ 3,500 cash
CAD/month x 38 months
2023 BMW M340i XDrive (ID: #52426)
969
Guelph,
2023 BMW

M340i XDrive Automatique AWD M-Sport

  • Warranty Complete Term
Payment Details
  • Current Payment: 969 CAD/month + tax
  • Required Payment: 3,500 CAD
  • Payment Including Incentive: 1,062 CAD/month + tax
  • Original Downpayment: 7,058 CAD
  • Residual Value: 35,795 CAD
  • Months to End: 38 months (Jun, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 10,650 km total
  • Available Now: 21,900 km/year (1,825 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details
CAD/month x 17 months
2023 Chevrolet Chevrolet Colorado (ID: #52412)
652
Halton Hills, ON
2023 Chevrolet

Chevrolet Colorado Automatique AWD LT Convenience 3 + Tow Package + Bed Lining

  • Warranty Complete Term
Payment Details
  • Current Payment: 652 CAD/month + tax
  • Original Downpayment: 820 CAD
  • Residual Value: 46,110 CAD
  • Months to End: 17 months (Oct, 2025)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 8,400 km total
  • Available Now: 16,659 km/year (1,388 per month)
  • Excess Km Cost: 0.20 CAD/km
See all Details
CAD/month x 26 months
2022 Mercedes-Benz GLE 350 (ID: #52358)
1,342
Dutton
2022 Mercedes-Benz

GLE 350 Automatique AWD AMG night package

Payment Details
  • Current Payment: 1,342 CAD/month + tax
  • Original Downpayment: 7,000 CAD
  • Residual Value: 38,000 CAD
  • Months to End: 26 months (Jun, 2026)
Vehicle Status
  • Contract Allowance: 18,000 km/year
  • Current Odometer: 13,000 km total
  • Available Now: 25,154 km/year (2,096 per month)
  • Excess Km Cost: 0.18 CAD/km
See all Details
+ 5,000 cash
CAD/month x 30 months
2022 Hyundai Luxury PHEV (ID: #51782)
680
Mississauga
2022 Hyundai

Luxury PHEV Automatique AWD Extended warranty + Ceramic Coating

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 680 CAD/month + tax
  • Required Payment: 5,000 CAD
  • Payment Including Incentive: 847 CAD/month + tax
  • Original Downpayment: 8,000 CAD
  • Residual Value: 22,450 CAD
  • Months to End: 30 months (Nov, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 18,000 km total
  • Available Now: 24,133 km/year (2,011 per month)
  • Excess Km Cost: 0.12 CAD/km
See all Details
+ 5,000 cash
CAD/month x 76 months
2023 Toyota Prius prime plug in (ID: #51694)
600
Vaughan
2023 Toyota

Prius prime plug in Automatique 2WD

  • Warranty Complete Term
Payment Details
  • Current Payment: 600 CAD/month + tax
  • Cash Incentive: 5,000 CAD
  • Payment After Incentive: 534 CAD/month + tax
  • Original Downpayment: 1,000 CAD
  • Months to End: 76 months (Aug, 2030)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 37,000 km total
  • Available Now: 16,263 km/year (1,355 per month)
See all Details