Payment Analysis

362.00CAD/monthin St.Catharines, ON
    Before Taxes:
  • 362.00 CAD/month
  • 167.08 CAD/bi-weekly
  • 83.54 CAD/week
  • 4,344.00 CAD/year
Incl. Ontario Taxes (13%):
  • 409.06 CAD/month
  • 188.80 CAD/bi-weekly
  • 94.40 CAD/week
  • 4,908.72 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: 1,285 ~ 2,185 CAD

compared to leasing a BRAND NEW:

  • TOYOTA COROLLA L 6M 2WD
  • for 24 months
  • in Ontario
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 367
This Contract (CAD/month) 362
Monthly Difference 5 CAD/month
Remaining Term x 17 months
Total Monthly Difference = 85 CAD
+ Cash Incentive** (CAD) + 400
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,285 ~ 2,185
** "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: 29,754 CAD
  • Total Vehicle Debt: 37,032 CAD
  • Paid so Far: 6,878 CAD (18% Paid)
  • Remaining Lease Payments: 6,154 CAD
  • Residual Value: 24,000 CAD
  • Cash Incentive: 400 CAD
Vehicle Debt & Value
Paid so far: 6,878 CAD Total Vehicle Value: 37,032 CAD
18% Paid
82%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,154 CAD
Term Paid so Far: 6,878 CAD Residual Value: 24,000 CAD
0%
18%
16%
66%
Cost to Own
Already Paid: 6,878 CAD (18%)
Cash Incentive: 400 CAD Buyout Price Today: 29,754 CAD
18% Paid
1%
81%
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: 29,754 CAD

  • 4.9%Interest Rate x 48 months
  • 684 CAD/month + tax
  • Total Payable: 32,826 CAD
  • Total Interest: 3,072 CAD
  • 8.9%Interest Rate x 48 months
  • 739 CAD/month + tax
  • Total Payable: 35,473 CAD
  • Total Interest: 5,719 CAD
  • 14.9%Interest Rate x 48 months
  • 827 CAD/month + tax
  • Total Payable: 39,675 CAD
  • Total Interest: 9,921 CAD

At the end of the Lease Contract

Residual Value: 24,000 CAD (in 17 months)

  • 4.9%Interest Rate x 48 months
  • 552 CAD/month + tax
  • Total Payable: 26,478 CAD
  • Total Interest: 2,478 CAD
  • 8.9%Interest Rate x 48 months
  • 596 CAD/month + tax
  • Total Payable: 28,613 CAD
  • Total Interest: 4,613 CAD
  • 14.9%Interest Rate x 48 months
  • 667 CAD/month + tax
  • Total Payable: 32,003 CAD
  • Total Interest: 8,003 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)
11.11
  • + tax
  • + fuel
  • + insurance
(inlcuding the 400CAD incentive)
  • 11.88CAD/100km (TODAY without the Cash Incentive)
  • 21.72CAD/100km (Original Contract back in Mar, 2021)
Time Analysis
Cost per day: (CAD)
11.13
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 400CAD incentive)
  • 11.90CAD/day (Original Contract back in Mar, 2021)
Remaining Km
Can be driven up to:
703.17
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Mar, 2021)

Seller Contact Info

This Contract was Already Transferred.

Similar Listings in Toronto

CAD/month x 23 months
2023 Tesla MODEL Y (ID: #59045)
727
WHITBY
2023 Tesla

MODEL Y Automatique 2WD

  • Warranty Complete Term
  • Winter Tires Included
Payment Details
  • Current Payment: 727 CAD/month + tax
  • Months to End: 23 months (Sep, 2027)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 26,732 km total
  • Available Now: 19,444 km/year (1,620 per month)
See all Details
SAVE ~1,300 CAD
CAD/month x 36 months
2023 Hyundai IONIQ 6 ULTIMATE (ID: #52060)
910
Toronto, ON
2023 Hyundai

IONIQ 6 ULTIMATE Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 910 CAD/month + tax
  • Months to End: 36 months (Sep, 2028)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 22,000 km total
  • Available Now: 32,667 km/year (2,722 per month)
Deal Special Perks
  • Hot Lease Takeover Deal
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details
CAD/month x 19 months
2024 Hyundai Santa Fe Ultimate Caligraphy (ID: #65022)
770
Mississauga
2024 Hyundai

Santa Fe Ultimate Caligraphy Automatique AWD

  • Wear & Tear Coverage
Payment Details
  • Current Payment: 770 CAD/month + tax
  • Original Downpayment: 2,000 CAD
  • Residual Value: 41,111 CAD
  • Months to End: 19 months (Apr, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 30,000 km total
  • Available Now: 17,895 km/year (1,491 per month)
See all Details
CAD/month x 34 months
2025 Hyundai Hyundai Sonata Preferred Trend (ID: #63907)
540
Mississauga
2025 Hyundai

Hyundai Sonata Preferred Trend Automatique AWD 2025 Hyundai Sonata Preferred Trend

  • Wear & Tear Coverage
Payment Details
  • Current Payment: 540 CAD/month + tax
  • Original Downpayment: 5,000 CAD
  • Residual Value: 19,174 CAD
  • Months to End: 34 months (Aug, 2028)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 20,000 km total
  • Available Now: 15,529 km/year (1,294 per month)
  • Excess Km Cost: 0.12 CAD/km
See all Details
CAD/month x 27 months
2025 Hyundai Sonata (ID: #63515)
287
Vaughan, ON
2025 Hyundai

Sonata Automatique AWD Preferred

Payment Details
  • Current Payment: 287 CAD/month + tax
  • Residual Value: 34 CAD
  • Months to End: 27 months (Dec, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 12,000 km total
  • Available Now: 21,333 km/year (1,778 per month)
See all Details
CAD/month x 17 months
2025 BMW i4 (ID: #63217)
1,269
Pickering Ontario
2025 BMW

i4 Automatique AWD M50 xDrive Gran Coupé

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 1,269 CAD/month + tax
  • Residual Value: 59,638 CAD
  • Months to End: 17 months (Feb, 2027)
Vehicle Status
  • Contract Allowance: 12,000 km/year
  • Current Odometer: 3,699 km total
  • Available Now: 14,330 km/year (1,194 per month)
See all Details