Payment Analysis
319.00CAD/monthin Whitby, ON
- 319.00 CAD/month
- 147.23 CAD/bi-weekly
- 73.62 CAD/week
- 3,828.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 360.47 CAD/month
- 166.37 CAD/bi-weekly
- 83.19 CAD/week
- 4,325.64 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:
12,850 CAD
compared to leasing a BRAND NEW:
- Chevrolet Trax LT
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 566 |
|---|---|
| This Contract (CAD/month) | 319 |
| Monthly Difference | 247 CAD/month |
| Remaining Term | x 50 months |
| Total Monthly Difference | = 12,350 CAD |
| + Cash Incentive** (CAD) | + 500 |
| Total Savings (CAD) | = 12,850 |
| ** "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:
26,250 CAD
- Total Vehicle Debt: 25,793 CAD
- Paid so Far: -957 CAD (-4% Paid)
- Remaining Lease Payments: 15,950 CAD
- Residual Value: 10,800 CAD
- Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: -957 CAD Total Vehicle Value: 25,793 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 15,950 CAD
Term Paid so Far: -957 CAD Residual Value: 10,800 CAD
Cost to Own
Already Paid: -957 CAD (-4%)
Cash Incentive: 500 CAD Buyout Price Today: 26,250 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: 26,250 CAD
- 4.9%Interest Rate x 48 months
- 603 CAD/month + tax
- Total Payable: 28,960 CAD
- Total Interest: 2,710 CAD
- 8.9%Interest Rate x 48 months
- 652 CAD/month + tax
- Total Payable: 31,295 CAD
- Total Interest: 5,045 CAD
- 14.9%Interest Rate x 48 months
- 729 CAD/month + tax
- Total Payable: 35,003 CAD
- Total Interest: 8,753 CAD
At the end of the Lease Contract
Residual Value: 10,800 CAD (in 50 months)
- 4.9%Interest Rate x 48 months
- 248 CAD/month + tax
- Total Payable: 11,915 CAD
- Total Interest: 1,115 CAD
- 8.9%Interest Rate x 48 months
- 268 CAD/month + tax
- Total Payable: 12,876 CAD
- Total Interest: 2,076 CAD
- 14.9%Interest Rate x 48 months
- 300 CAD/month + tax
- Total Payable: 14,401 CAD
- Total Interest: 3,601 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)
48.84
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
10.16
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
146.00
- km/week
- without any
- additional costs
