Payment Analysis
290.77CAD/monthin Toronto, ON
- 290.77 CAD/month
- 134.20 CAD/bi-weekly
- 67.10 CAD/week
- 3,489.24 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 328.57 CAD/month
- 151.65 CAD/bi-weekly
- 75.82 CAD/week
- 3,942.84 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:
1,514 ~ 2,414 CAD
compared to leasing a BRAND NEW:
- Chevrolet Cruze FWD Sedan Premier Automatic
- for 42 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 324 |
|---|---|
| This Contract (CAD/month) | 291 |
| Monthly Difference | 34 CAD/month |
| Remaining Term | x 21 months |
| Total Monthly Difference | = 714 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 1,514 ~ 2,414 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
14,881 CAD
- Total Vehicle Debt: 22,732 CAD
- Paid so Far: 7,851 CAD (34% Paid)
- Remaining Lease Payments: 6,106 CAD
- Residual Value: 8,775 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 7,851 CAD Total Vehicle Value: 22,732 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,106 CAD
Term Paid so Far: 7,851 CAD Residual Value: 8,775 CAD
Cost to Own
Already Paid: 7,851 CAD (34%)
Cash Incentive: 0 CAD Buyout Price Today: 14,881 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: 14,881 CAD
- 4.9%Interest Rate x 48 months
- 342 CAD/month + tax
- Total Payable: 16,417 CAD
- Total Interest: 1,536 CAD
- 8.9%Interest Rate x 48 months
- 370 CAD/month + tax
- Total Payable: 17,741 CAD
- Total Interest: 2,860 CAD
- 14.9%Interest Rate x 48 months
- 413 CAD/month + tax
- Total Payable: 19,843 CAD
- Total Interest: 4,962 CAD
At the end of the Lease Contract
Residual Value: 8,775 CAD (in 21 months)
- 4.9%Interest Rate x 48 months
- 202 CAD/month + tax
- Total Payable: 9,681 CAD
- Total Interest: 906 CAD
- 8.9%Interest Rate x 48 months
- 218 CAD/month + tax
- Total Payable: 10,461 CAD
- Total Interest: 1,687 CAD
- 14.9%Interest Rate x 48 months
- 244 CAD/month + tax
- Total Payable: 11,701 CAD
- Total Interest: 2,926 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)
8.79
- + tax
- + fuel
- + insurance
- 17.45CAD/100km (Original Contract back in Jul, 2018)
Time Analysis
Cost per day: (CAD)
9.56
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
763.74
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jul, 2018)
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