Payment Analysis
298.23CAD/monthin Toronto, ON
- 298.23 CAD/month
- 137.64 CAD/bi-weekly
- 68.82 CAD/week
- 3,578.76 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 337.00 CAD/month
- 155.54 CAD/bi-weekly
- 77.77 CAD/week
- 4,044.00 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:
6,212 ~ 7,112 CAD
compared to leasing a BRAND NEW:
- TOYOTA COROLLA LE CVT
- for 24 months
- in Ontario
- $0 down payment
- 38,000 km/year
| Leasing New (CAD/month) | 544 |
|---|---|
| This Contract (CAD/month) | 298 |
| Monthly Difference | 246 CAD/month |
| Remaining Term | x 22 months |
| Total Monthly Difference | = 5,412 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 6,212 ~ 7,112 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
17,456 CAD
- Total Vehicle Debt: 24,912 CAD
- Paid so Far: 7,456 CAD (29% Paid)
- Remaining Lease Payments: 6,561 CAD
- Residual Value: 10,895 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 7,456 CAD Total Vehicle Value: 24,912 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,561 CAD
Term Paid so Far: 7,456 CAD Residual Value: 10,895 CAD
Cost to Own
Already Paid: 7,456 CAD (29%)
Cash Incentive: 0 CAD Buyout Price Today: 17,456 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: 17,456 CAD
- 4.9%Interest Rate x 48 months
- 401 CAD/month + tax
- Total Payable: 19,258 CAD
- Total Interest: 1,802 CAD
- 8.9%Interest Rate x 48 months
- 434 CAD/month + tax
- Total Payable: 20,811 CAD
- Total Interest: 3,355 CAD
- 14.9%Interest Rate x 48 months
- 485 CAD/month + tax
- Total Payable: 23,277 CAD
- Total Interest: 5,821 CAD
At the end of the Lease Contract
Residual Value: 10,895 CAD (in 22 months)
- 4.9%Interest Rate x 48 months
- 250 CAD/month + tax
- Total Payable: 12,020 CAD
- Total Interest: 1,125 CAD
- 8.9%Interest Rate x 48 months
- 271 CAD/month + tax
- Total Payable: 12,989 CAD
- Total Interest: 2,094 CAD
- 14.9%Interest Rate x 48 months
- 303 CAD/month + tax
- Total Payable: 14,528 CAD
- Total Interest: 3,633 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)
8.55
- + tax
- + fuel
- + insurance
- 14.91CAD/100km (Original Contract back in Dec, 2019)
Time Analysis
Cost per day: (CAD)
9.80
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
805.17
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Dec, 2019)
Seller Contact Info
This Contract was Already Transferred.
Similar Listings in Toronto
+ 2,000 cash
2024 Audi
S5 Sportback Progressiv Automatique AWD 360 camera, 20" wheels, Prepaid maintenance, lease excess wear waiverca
Payment Details
- Current Payment: 1,024 CAD/month + tax
- Cash Incentive: 2,000 CAD
- Payment After Incentive: 941 CAD/month + tax
- Months to End: 24 months (Nov, 2027)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 16,000 km total
- Available Now: 24,000 km/year (2,000 per month)
2022 Polestar
Polestar 2 Automatique AWD
Payment Details
- Current Payment: 1,120 CAD/month + tax
- Original Downpayment: 1,000 CAD
- Months to End: 21 months (Aug, 2027)
Vehicle Status
- Contract Allowance: 50,000 km/year
- Current Odometer: 49,000 km total
- Available Now: 112,476 km/year (9,373 per month)
2021 Infiniti
Q50 Essential Tech AWD Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage
Payment Details
- Current Payment: 680 CAD/month + tax
- Months to End: 1 months (Dec, 2025)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 46,000 km total
- Available Now: 216,000 km/year (18,000 per month)
- Please note that this contract ends in less than a year.
+ 500 cash
2023 Subaru
Sport Manuelle AWD
Payment Details
- Current Payment: 255 CAD/month + tax
- Cash Incentive: 500 CAD
- Payment After Incentive: 205 CAD/month + tax
- Residual Value: 24,312 CAD
- Months to End: 10 months (Sep, 2026)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 56,000 km total
- Available Now: 8,800 km/year (733 per month)
- Please note that this contract ends in less than a year.
- Excess Km Cost: 0.10 CAD/km
2022 Volvo
S60 Inscription B5 Automatique AWD
Payment Details
- Current Payment: 784 CAD/month + tax
- Original Downpayment: 2,245 CAD
- Residual Value: 33,690 CAD
- Months to End: 2 months (Jan, 2026)
Vehicle Status
- Contract Allowance: 12,000 km/year
- Current Odometer: 16,000 km total
- Available Now: 192,000 km/year (16,000 per month)
- Please note that this contract ends in less than a year.
- Excess Km Cost: 0.16 CAD/km
+ 4,000 cash
2024 Hyundai
N-Line DCT Ultimate Automatique 2WD
Payment Details
- Current Payment: 377 CAD/month + tax
- Required Payment: 4,000 CAD
- Payment Including Incentive: 510 CAD/month + tax
- Original Downpayment: 3,500 CAD
- Months to End: 30 months (Jun, 2028)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 22,400 km total
- Available Now: 23,040 km/year (1,920 per month)
- Excess Km Cost: 0.08 CAD/km
