Payment Analysis
334.39CAD/monthin Toronto, ON
- 334.39 CAD/month
- 154.33 CAD/bi-weekly
- 77.17 CAD/week
- 4,012.68 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 377.86 CAD/month
- 174.40 CAD/bi-weekly
- 87.20 CAD/week
- 4,534.33 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:
5,665 ~ 6,565 CAD
compared to leasing a BRAND NEW:
- Toyota Corolla XSE Manual
- for 36 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 453 |
|---|---|
| This Contract (CAD/month) | 334 |
| Monthly Difference | 119 CAD/month |
| Remaining Term | x 35 months |
| Total Monthly Difference | = 4,165 CAD |
| + Cash Incentive** (CAD) | + 700 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 5,665 ~ 6,565 |
| ** "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:
24,973 CAD
- Total Vehicle Debt: 27,011 CAD
- Paid so Far: 1,338 CAD (4% Paid)
- Remaining Lease Payments: 11,704 CAD
- Residual Value: 13,970 CAD
- Cash Incentive: 700 CAD
Vehicle Debt & Value
Paid so far: 1,338 CAD Total Vehicle Value: 27,011 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 11,704 CAD
Term Paid so Far: 1,338 CAD Residual Value: 13,970 CAD
Cost to Own
Already Paid: 1,338 CAD (4%)
Cash Incentive: 700 CAD Buyout Price Today: 24,973 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: 24,973 CAD
- 4.9%Interest Rate x 48 months
- 574 CAD/month + tax
- Total Payable: 27,552 CAD
- Total Interest: 2,578 CAD
- 8.9%Interest Rate x 48 months
- 620 CAD/month + tax
- Total Payable: 29,773 CAD
- Total Interest: 4,800 CAD
- 14.9%Interest Rate x 48 months
- 694 CAD/month + tax
- Total Payable: 33,301 CAD
- Total Interest: 8,327 CAD
At the end of the Lease Contract
Residual Value: 13,970 CAD (in 35 months)
- 4.9%Interest Rate x 48 months
- 321 CAD/month + tax
- Total Payable: 15,412 CAD
- Total Interest: 1,442 CAD
- 8.9%Interest Rate x 48 months
- 347 CAD/month + tax
- Total Payable: 16,655 CAD
- Total Interest: 2,685 CAD
- 14.9%Interest Rate x 48 months
- 388 CAD/month + tax
- Total Payable: 18,628 CAD
- Total Interest: 4,658 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)
28.36
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
10.34
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
255.82
- km/week
- without any
- additional costs
Similar Listings in Toronto
SAVE ~800 CAD
2023 Hyundai
IONIQ 6 ULTIMATE Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included
Payment Details
- Current Payment: 910 CAD/month + tax
- Months to End: 52 months (Sep, 2028)
Vehicle Status
- Contract Allowance: 24,000 km/year
- Current Odometer: 18,000 km total
- Available Now: 23,538 km/year (1,962 per month)
Deal Special Perks
2022 Tesla
Model 3 Automatique 2WD
Payment Details
- Current Payment: 330 CAD/month + tax
- Months to End: 73 months (Jun, 2030)
Vehicle Status
- Contract Allowance: 65,000 km/year
- Current Odometer: 109,000 km total
- Available Now: 56,877 km/year (4,740 per month)
+ 3,500 cash
2023 BMW
M340i XDrive Automatique AWD M-Sport
Payment Details
- Current Payment: 969 CAD/month + tax
- Required Payment: 3,500 CAD
- Payment Including Incentive: 1,062 CAD/month + tax
- Original Downpayment: 7,058 CAD
- Residual Value: 35,795 CAD
- Months to End: 38 months (Jun, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 10,650 km total
- Available Now: 21,900 km/year (1,825 per month)
- Excess Km Cost: 0.15 CAD/km
2023 Chevrolet
Chevrolet Colorado Automatique AWD LT Convenience 3 + Tow Package + Bed Lining
Payment Details
- Current Payment: 652 CAD/month + tax
- Original Downpayment: 820 CAD
- Residual Value: 46,110 CAD
- Months to End: 17 months (Oct, 2025)
Vehicle Status
- Contract Allowance: 16,000 km/year
- Current Odometer: 8,400 km total
- Available Now: 16,659 km/year (1,388 per month)
- Excess Km Cost: 0.20 CAD/km
2022 Mercedes-Benz
GLE 350 Automatique AWD AMG night package
Payment Details
- Current Payment: 1,342 CAD/month + tax
- Original Downpayment: 7,000 CAD
- Residual Value: 38,000 CAD
- Months to End: 26 months (Jun, 2026)
Vehicle Status
- Contract Allowance: 18,000 km/year
- Current Odometer: 13,000 km total
- Available Now: 25,154 km/year (2,096 per month)
- Excess Km Cost: 0.18 CAD/km
+ 5,000 cash
2022 Hyundai
Luxury PHEV Automatique AWD Extended warranty + Ceramic Coating
Payment Details
- Current Payment: 680 CAD/month + tax
- Required Payment: 5,000 CAD
- Payment Including Incentive: 847 CAD/month + tax
- Original Downpayment: 8,000 CAD
- Residual Value: 22,450 CAD
- Months to End: 30 months (Nov, 2026)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 18,000 km total
- Available Now: 24,133 km/year (2,011 per month)
- Excess Km Cost: 0.12 CAD/km
