Payment Analysis
171.82CAD/monthin Hamilton, ON
- 171.82 CAD/month
- 79.30 CAD/bi-weekly
- 39.65 CAD/week
- 2,061.84 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 194.16 CAD/month
- 89.61 CAD/bi-weekly
- 44.81 CAD/week
- 2,329.88 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:
17,379 ~ 17,779 CAD
compared to leasing a BRAND NEW:
- Chevrolet Cruze LT
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 452 |
|---|---|
| This Contract (CAD/month) | 172 |
| Monthly Difference | 281 CAD/month |
| Remaining Term | x 59 months |
| Total Monthly Difference | = 16,579 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| Total Savings (CAD) | = 17,379 ~ 17,779 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
20,054 CAD
- Total Vehicle Debt: 18,164 CAD
- Paid so Far: -1,890 CAD (-11% Paid)
- Remaining Lease Payments: 10,137 CAD
- Residual Value: 9,916 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -1,890 CAD Total Vehicle Value: 18,164 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,137 CAD
Term Paid so Far: -1,890 CAD Residual Value: 9,916 CAD
Cost to Own
Already Paid: -1,890 CAD (-11%)
Cash Incentive: 0 CAD Buyout Price Today: 20,054 CAD
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: 20,054 CAD
- 4.9%Interest Rate x 48 months
- 461 CAD/month + tax
- Total Payable: 22,124 CAD
- Total Interest: 2,070 CAD
- 8.9%Interest Rate x 48 months
- 498 CAD/month + tax
- Total Payable: 23,908 CAD
- Total Interest: 3,854 CAD
- 14.9%Interest Rate x 48 months
- 557 CAD/month + tax
- Total Payable: 26,740 CAD
- Total Interest: 6,687 CAD
At the end of the Lease Contract
Residual Value: 9,916 CAD (in 59 months)
- 4.9%Interest Rate x 48 months
- 228 CAD/month + tax
- Total Payable: 10,940 CAD
- Total Interest: 1,024 CAD
- 8.9%Interest Rate x 48 months
- 246 CAD/month + tax
- Total Payable: 11,822 CAD
- Total Interest: 1,906 CAD
- 14.9%Interest Rate x 48 months
- 275 CAD/month + tax
- Total Payable: 13,223 CAD
- Total Interest: 3,306 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)
25.70
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
5.65
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
154.29
- km/week
- without any
- additional costs
