Payment Analysis

226.68CAD/monthin Ottawa, ON
    Before Taxes:
  • 226.68 CAD/month
  • 104.62 CAD/bi-weekly
  • 52.31 CAD/week
  • 2,720.16 CAD/year
Incl. Ontario Taxes (13%):
  • 256.15 CAD/month
  • 118.22 CAD/bi-weekly
  • 59.11 CAD/week
  • 3,073.78 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: 6,736 ~ 7,136 CAD

compared to leasing a BRAND NEW:

  • Toyota COROLLA SE 6M
  • for 12 months
  • in Ontario
  • $0 down payment
  • 30,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 650
This Contract (CAD/month) 227
Monthly Difference 424 CAD/month
Remaining Term x 14 months
Total Monthly Difference = 5,936 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 6,736 ~ 7,136

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 11,601 CAD
  • Total Vehicle Debt: 22,028 CAD
  • Paid so Far: 10,427 CAD (47% Paid)
  • Remaining Lease Payments: 3,174 CAD
  • Residual Value: 8,428 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,427 CAD Total Vehicle Value: 22,028 CAD
47% Paid
53%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,174 CAD
Term Paid so Far: 10,427 CAD Residual Value: 8,428 CAD
0%
47%
14%
39%
Cost to Own
Already Paid: 10,427 CAD (47%)
Cash Incentive: 0 CAD Buyout Price Today: 11,601 CAD
47% Paid
0%
53%
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: 11,601 CAD

  • 4.9%Interest Rate x 48 months
  • 267 CAD/month + tax
  • Total Payable: 12,799 CAD
  • Total Interest: 1,198 CAD
  • 8.9%Interest Rate x 48 months
  • 288 CAD/month + tax
  • Total Payable: 13,831 CAD
  • Total Interest: 2,230 CAD
  • 14.9%Interest Rate x 48 months
  • 322 CAD/month + tax
  • Total Payable: 15,469 CAD
  • Total Interest: 3,868 CAD

At the end of the Lease Contract

Residual Value: 8,428 CAD (in 14 months)

  • 4.9%Interest Rate x 48 months
  • 194 CAD/month + tax
  • Total Payable: 9,298 CAD
  • Total Interest: 870 CAD
  • 8.9%Interest Rate x 48 months
  • 209 CAD/month + tax
  • Total Payable: 10,047 CAD
  • Total Interest: 1,620 CAD
  • 14.9%Interest Rate x 48 months
  • 234 CAD/month + tax
  • Total Payable: 11,238 CAD
  • Total Interest: 2,810 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)
7.45
  • + tax
  • + fuel
  • + insurance
(or 0.07CAD per km)
  • 13.60CAD/100km (Original Contract back in Mar, 2018)
Time Analysis
Cost per day: (CAD)
7.45
  • + tax
  • + insurance
  • + km driven & fuel
(0.23CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
702.48
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Mar, 2018)

Seller Contact Info

This Contract was Already Transferred.

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