Payment Analysis

259.58CAD/monthin Vancouver, BC
    Before Taxes:
  • 259.58 CAD/month
  • 119.81 CAD/bi-weekly
  • 59.90 CAD/week
  • 3,114.96 CAD/year
Incl. B.C. Taxes (12%):
  • 290.73 CAD/month
  • 134.18 CAD/bi-weekly
  • 67.09 CAD/week
  • 3,488.76 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: 5,520 ~ 6,820 CAD

compared to leasing a BRAND NEW:

  • Toyota Yaris LE
  • for 24 months
  • in Quebec
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 320
This Contract (CAD/month) 260
Monthly Difference 60 CAD/month
Remaining Term x 57 months
Total Monthly Difference = 3,420 CAD
+ Cash Incentive** (CAD) + 500
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 5,520 ~ 6,820
** "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: 33,359 CAD
  • Total Vehicle Debt: 26,332 CAD
  • Paid so Far: -7,528 CAD (-29% Paid)
  • Remaining Lease Payments: 14,796 CAD
  • Residual Value: 19,063 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: -7,528 CAD Total Vehicle Value: 26,332 CAD
-29% Paid
129%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 14,796 CAD
Term Paid so Far: -7,528 CAD Residual Value: 19,063 CAD
0%
-29%
56%
73%
Cost to Own
Already Paid: -7,528 CAD (-29%)
Cash Incentive: 500 CAD Buyout Price Today: 33,359 CAD
-29% Paid
1%
128%
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: 33,359 CAD

  • 4.9%Interest Rate x 48 months
  • 767 CAD/month + tax
  • Total Payable: 36,803 CAD
  • Total Interest: 3,444 CAD
  • 8.9%Interest Rate x 48 months
  • 829 CAD/month + tax
  • Total Payable: 39,771 CAD
  • Total Interest: 6,412 CAD
  • 14.9%Interest Rate x 48 months
  • 927 CAD/month + tax
  • Total Payable: 44,483 CAD
  • Total Interest: 11,123 CAD

At the end of the Lease Contract

Residual Value: 19,063 CAD (in 57 months)

  • 4.9%Interest Rate x 48 months
  • 438 CAD/month + tax
  • Total Payable: 21,031 CAD
  • Total Interest: 1,968 CAD
  • 8.9%Interest Rate x 48 months
  • 473 CAD/month + tax
  • Total Payable: 22,727 CAD
  • Total Interest: 3,664 CAD
  • 14.9%Interest Rate x 48 months
  • 530 CAD/month + tax
  • Total Payable: 25,420 CAD
  • Total Interest: 6,357 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)
40.69
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
Time Analysis
Cost per day: (CAD)
8.25
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
Remaining Km
Can be driven up to:
142.24
  • km/week
  • without any
  • additional costs
Excess km cost: 0.07CAD

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