Payment Analysis
187.00CAD/monthin Windsor, ON
- 187.00 CAD/month
- 86.31 CAD/bi-weekly
- 43.15 CAD/week
- 2,244.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 211.31 CAD/month
- 97.53 CAD/bi-weekly
- 48.76 CAD/week
- 2,535.72 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:
3,336 CAD
compared to leasing a BRAND NEW:
- Toyota Corolla SE CVT
- for 36 months
- in Ontario
- $0 down payment
- 16,000 km/year
Leasing New (CAD/month) | 326 |
---|---|
This Contract (CAD/month) | 187 |
Monthly Difference | 139 CAD/month |
Remaining Term | x 24 months |
Total Monthly Difference | = 3,336 CAD |
Total Savings (CAD) | = 3,336 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
16,813 CAD
- Total Vehicle Debt: 22,818 CAD
- Paid so Far: 6,005 CAD (26% Paid)
- Remaining Lease Payments: 4,488 CAD
- Residual Value: 12,325 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 6,005 CAD Total Vehicle Value: 22,818 CAD
Vehicle Debt Breakdown
Downpayment: 3,200 CAD Remaining Term: 4,488 CAD
Term Paid so Far: 2,805 CAD Residual Value: 12,325 CAD
Cost to Own
Already Paid: 6,005 CAD (26%)
Cash Incentive: 0 CAD Buyout Price Today: 16,813 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: 16,813 CAD
- 4.9%Interest Rate x 48 months
- 386 CAD/month + tax
- Total Payable: 18,549 CAD
- Total Interest: 1,736 CAD
- 8.9%Interest Rate x 48 months
- 418 CAD/month + tax
- Total Payable: 20,045 CAD
- Total Interest: 3,232 CAD
- 14.9%Interest Rate x 48 months
- 467 CAD/month + tax
- Total Payable: 22,419 CAD
- Total Interest: 5,606 CAD
At the end of the Lease Contract
Residual Value: 12,325 CAD (in 24 months)
- 4.9%Interest Rate x 48 months
- 283 CAD/month + tax
- Total Payable: 13,597 CAD
- Total Interest: 1,272 CAD
- 8.9%Interest Rate x 48 months
- 306 CAD/month + tax
- Total Payable: 14,694 CAD
- Total Interest: 2,369 CAD
- 14.9%Interest Rate x 48 months
- 342 CAD/month + tax
- Total Payable: 16,435 CAD
- Total Interest: 4,110 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)
9.69
- + tax
- + fuel
- + insurance
- 15.58CAD/100km (Original Contract back in Dec, 2018)
Time Analysis
Cost per day: (CAD)
6.15
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
445.19
- km/week
- without any
- additional costs
- 276.92km/week (Contract Original back in Dec, 2018)