Payment Analysis

312.20CAD/monthin Montreal, QC
    Before Taxes:
  • 312.20 CAD/month
  • 144.09 CAD/bi-weekly
  • 72.05 CAD/week
  • 3,746.40 CAD/year
Incl. Québec Taxes (14.98%):
  • 358.97 CAD/month
  • 165.68 CAD/bi-weekly
  • 82.84 CAD/week
  • 4,307.61 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: 679 CAD

compared to leasing a BRAND NEW:

  • Chevrolet Cruze LT
  • for 25 months
  • in Ontario
  • $0 down payment
  • 28,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 409
This Contract (CAD/month) 312
Monthly Difference 97 CAD/month
Remaining Term x 7 months
Total Monthly Difference = 679 CAD
Total Savings (CAD) = 679

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 16,251 CAD
  • Total Vehicle Debt: 27,305 CAD
  • Paid so Far: 11,054 CAD (40% Paid)
  • Remaining Lease Payments: 2,185 CAD
  • Residual Value: 14,066 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 11,054 CAD Total Vehicle Value: 27,305 CAD
40% Paid
60%
Vehicle Debt Breakdown
Downpayment: 2,000 CAD Remaining Term: 2,185 CAD
Term Paid so Far: 9,054 CAD Residual Value: 14,066 CAD
7%
33%
8%
52%
Cost to Own
Already Paid: 11,054 CAD (40%)
Cash Incentive: 0 CAD Buyout Price Today: 16,251 CAD
40% Paid
0%
60%
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: 16,251 CAD

  • 4.9%Interest Rate x 48 months
  • 374 CAD/month + tax
  • Total Payable: 17,929 CAD
  • Total Interest: 1,678 CAD
  • 8.9%Interest Rate x 48 months
  • 404 CAD/month + tax
  • Total Payable: 19,375 CAD
  • Total Interest: 3,124 CAD
  • 14.9%Interest Rate x 48 months
  • 451 CAD/month + tax
  • Total Payable: 21,670 CAD
  • Total Interest: 5,419 CAD

At the end of the Lease Contract

Residual Value: 14,066 CAD (in 7 months)

  • 4.9%Interest Rate x 48 months
  • 323 CAD/month + tax
  • Total Payable: 15,518 CAD
  • Total Interest: 1,452 CAD
  • 8.9%Interest Rate x 48 months
  • 349 CAD/month + tax
  • Total Payable: 16,770 CAD
  • Total Interest: 2,704 CAD
  • 14.9%Interest Rate x 48 months
  • 391 CAD/month + tax
  • Total Payable: 18,756 CAD
  • Total Interest: 4,690 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)
3.75
  • + tax
  • + fuel
  • + insurance
(or 0.04CAD per km)
  • 18.73CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
10.26
  • + tax
  • + insurance
  • + km driven & fuel
(0.47CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,918.68
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD
  • 384.62km/week (Contract Original back in Sep, 2020)

Seller Contact Info

This Contract was Already Transferred.

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