Payment Analysis

242.65CAD/monthin Vancouver, BC
    Before Taxes:
  • 242.65 CAD/month
  • 111.99 CAD/bi-weekly
  • 56.00 CAD/week
  • 2,911.80 CAD/year
Incl. B.C. Taxes (12%):
  • 271.77 CAD/month
  • 125.43 CAD/bi-weekly
  • 62.72 CAD/week
  • 3,261.22 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: 0 CAD

compared to leasing a BRAND NEW:

  • TOYOTA COROLLA LE CVT
  • for 48 months
  • in BC
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 294
This Contract (CAD/month) 243
Monthly Difference 52 CAD/month
Remaining Term x 0 months
Total Monthly Difference = 0 CAD
Total Savings (CAD) = 0

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 8,498 CAD
  • Total Vehicle Debt: 24,028 CAD
  • Paid so Far: 15,530 CAD (64% Paid)
  • Remaining Lease Payments: 0 CAD
  • Residual Value: 8,498 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 15,530 CAD Total Vehicle Value: 24,028 CAD
64% Paid
36%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 0 CAD
Term Paid so Far: 15,530 CAD Residual Value: 8,498 CAD
0%
64%
0%
36%
Cost to Own
Already Paid: 15,530 CAD (64%)
Cash Incentive: 0 CAD Buyout Price Today: 8,498 CAD
64% Paid
0%
36%
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: 8,498 CAD

  • 4.9%Interest Rate x 48 months
  • 195 CAD/month + tax
  • Total Payable: 9,375 CAD
  • Total Interest: 877 CAD
  • 8.9%Interest Rate x 48 months
  • 211 CAD/month + tax
  • Total Payable: 10,131 CAD
  • Total Interest: 1,633 CAD
  • 14.9%Interest Rate x 48 months
  • 236 CAD/month + tax
  • Total Payable: 11,332 CAD
  • Total Interest: 2,834 CAD

At the end of the Lease Contract

Residual Value: 8,498 CAD (in 1 months)

  • 4.9%Interest Rate x 48 months
  • 195 CAD/month + tax
  • Total Payable: 9,375 CAD
  • Total Interest: 877 CAD
  • 8.9%Interest Rate x 48 months
  • 211 CAD/month + tax
  • Total Payable: 10,131 CAD
  • Total Interest: 1,633 CAD
  • 14.9%Interest Rate x 48 months
  • 236 CAD/month + tax
  • Total Payable: 11,332 CAD
  • Total Interest: 2,834 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)
0.22
  • + tax
  • + fuel
  • + insurance
(or 0.00CAD per km)
  • 12.13CAD/100km (Original Contract back in Nov, 2020)
Time Analysis
Cost per day: (CAD)
7.98
  • + tax
  • + insurance
  • + km driven & fuel
(3.29CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
25,632.00
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 461.54km/week (Contract Original back in Nov, 2020)

Seller Contact Info

This Contract was Already Transferred.

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