Payment Analysis

280.29CAD/monthin Montreal, QC
    Before Taxes:
  • 280.29 CAD/month
  • 129.36 CAD/bi-weekly
  • 64.68 CAD/week
  • 3,363.48 CAD/year
Incl. Québec Taxes (14.98%):
  • 322.28 CAD/month
  • 148.74 CAD/bi-weekly
  • 74.37 CAD/week
  • 3,867.33 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: 5,742 ~ 7,042 CAD

compared to leasing a BRAND NEW:

  • 2020 Toyota COROLLA LE CVT
  • for 36 months
  • in Quebec
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 389
This Contract (CAD/month) 280
Monthly Difference 109 CAD/month
Remaining Term x 38 months
Total Monthly Difference = 4,142 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 5,742 ~ 7,042

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 18,876 CAD
  • Total Vehicle Debt: 25,042 CAD
  • Paid so Far: 6,166 CAD (24% Paid)
  • Remaining Lease Payments: 10,651 CAD
  • Residual Value: 8,225 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 6,166 CAD Total Vehicle Value: 25,042 CAD
24% Paid
76%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,651 CAD
Term Paid so Far: 6,166 CAD Residual Value: 8,225 CAD
0%
24%
42%
34%
Cost to Own
Already Paid: 6,166 CAD (24%)
Cash Incentive: 0 CAD Buyout Price Today: 18,876 CAD
24% Paid
0%
76%
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: 18,876 CAD

  • 4.9%Interest Rate x 48 months
  • 434 CAD/month + tax
  • Total Payable: 20,825 CAD
  • Total Interest: 1,949 CAD
  • 8.9%Interest Rate x 48 months
  • 469 CAD/month + tax
  • Total Payable: 22,504 CAD
  • Total Interest: 3,628 CAD
  • 14.9%Interest Rate x 48 months
  • 524 CAD/month + tax
  • Total Payable: 25,170 CAD
  • Total Interest: 6,294 CAD

At the end of the Lease Contract

Residual Value: 8,225 CAD (in 38 months)

  • 4.9%Interest Rate x 48 months
  • 189 CAD/month + tax
  • Total Payable: 9,074 CAD
  • Total Interest: 849 CAD
  • 8.9%Interest Rate x 48 months
  • 204 CAD/month + tax
  • Total Payable: 9,806 CAD
  • Total Interest: 1,581 CAD
  • 14.9%Interest Rate x 48 months
  • 228 CAD/month + tax
  • Total Payable: 10,968 CAD
  • Total Interest: 2,743 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)
12.59
  • + tax
  • + fuel
  • + insurance
(or 0.13CAD per km)
  • 16.82CAD/100km (Original Contract back in Jun, 2018)
Time Analysis
Cost per day: (CAD)
9.22
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
513.77
  • km/week
  • without any
  • additional costs
Excess km cost: 0.07CAD
  • 384.62km/week (Contract Original back in Jun, 2018)

Similar Listings in Montreal

+ 550 cash
CAD/month x 19 months
2024 Mazda CX 30 GT 4DR AWD (ID: #64056)
527
Brossard
2024 Mazda

CX 30 GT 4DR AWD Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 527 CAD/month + tax
  • Cash Incentive: 550 CAD
  • Payment After Incentive: 498 CAD/month + tax
  • Months to End: 19 months (May, 2028)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 36,875 km total
  • Available Now: 27,237 km/year (2,270 per month)
See all Details
+ 1,998 cash
CAD/month x 20 months
2024 Audi S5 Sportback Progressiv (ID: #69725)
976
Laval
2024 Audi

S5 Sportback Progressiv Automatique AWD

  • Winter Tires Included
Payment Details
  • Current Payment: 976 CAD/month + tax
  • Cash Incentive: 1,998 CAD
  • Payment After Incentive: 876 CAD/month + tax
  • Residual Value: 38,499 CAD
  • Months to End: 20 months (May, 2028)
Vehicle Status
  • Contract Allowance: 25,000 km/year
  • Current Odometer: 43,000 km total
  • Available Now: 34,200 km/year (2,850 per month)
  • Excess Km Cost: 0.20 CAD/km
See all Details
CAD/month x 10 months
2024 Nissan Sentra SV (ID: #69354)
331
Laval, QC
2024 Nissan

Sentra SV CVT 2WD

  • Warranty Complete Term
Payment Details
  • Current Payment: 331 CAD/month + tax
  • Residual Value: 18,000 CAD
  • Months to End: 10 months (Aug, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 40,800 km total
  • Available Now: 23,040 km/year (1,920 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.10 CAD/km
See all Details
+ 4,000 cash
2025 KIA

K4 EX (4,000 CAD Incentive - call: 6133293525) Automatique 2WD Safety: Blind-spot collision-avoidance, rear cross-traffic collision-avoidance Tech: Wireless phone charger, 6 speakers, Drive Mode Select Interior: Heated steering wheel, leather-wrapped wheel/shift knob, rear vents, nicer trim details

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 461 CAD/month + tax
  • Cash Incentive: 4,000 CAD
  • Payment After Incentive: 307 CAD/month + tax
  • Months to End: 26 months (Dec, 2028)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 23,000 km total
  • Available Now: 26,308 km/year (2,192 per month)
See all Details
+ 4,000 cash
2025 KIA

K4 EX (4,000 CAD Incentive - call: 6133293525) Automatique 2WD Safety: Blind-spot collision-avoidance, rear cross-traffic collision-avoidance Tech: Wireless phone charger, 6 speakers, Drive Mode Select Interior: Heated steering wheel, leather-wrapped wheel/shift knob, rear vents, nicer trim details

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 461 CAD/month + tax
  • Cash Incentive: 4,000 CAD
  • Payment After Incentive: 307 CAD/month + tax
  • Months to End: 26 months (Dec, 2028)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 23,000 km total
  • Available Now: 26,308 km/year (2,192 per month)
See all Details
+ 2,000 cash
2025 KIA

K4 EX+ (call me or text me at 613 329 3525) Automatique 2WD Call me or text me at 613 329 3525

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 500 CAD/month + tax
  • Cash Incentive: 2,000 CAD
  • Payment After Incentive: 423 CAD/month + tax
  • Months to End: 26 months (Dec, 2028)
Vehicle Status
  • Contract Allowance: 25,000 km/year
  • Current Odometer: 23,000 km total
  • Available Now: 35,538 km/year (2,962 per month)
See all Details