Payment Analysis
410.56CAD/monthin Peterborough, ON
- 410.56 CAD/month
- 189.49 CAD/bi-weekly
- 94.74 CAD/week
- 4,926.72 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 463.93 CAD/month
- 214.12 CAD/bi-weekly
- 107.06 CAD/week
- 5,567.19 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:
15,930 CAD
compared to leasing a BRAND NEW:
- Chevrolet Trax
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 680 |
---|---|
This Contract (CAD/month) | 411 |
Monthly Difference | 270 CAD/month |
Remaining Term | x 59 months |
Total Monthly Difference | = 15,930 CAD |
Total Savings (CAD) | = 15,930 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
38,459 CAD
- Total Vehicle Debt: 33,943 CAD
- Paid so Far: -4,516 CAD (-14% Paid)
- Remaining Lease Payments: 24,223 CAD
- Residual Value: 14,236 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -4,516 CAD Total Vehicle Value: 33,943 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 24,223 CAD
Term Paid so Far: -4,516 CAD Residual Value: 14,236 CAD
Cost to Own
Already Paid: -4,516 CAD (-14%)
Cash Incentive: 0 CAD Buyout Price Today: 38,459 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: 38,459 CAD
- 4.9%Interest Rate x 48 months
- 884 CAD/month + tax
- Total Payable: 42,429 CAD
- Total Interest: 3,970 CAD
- 8.9%Interest Rate x 48 months
- 955 CAD/month + tax
- Total Payable: 45,851 CAD
- Total Interest: 7,392 CAD
- 14.9%Interest Rate x 48 months
- 1,068 CAD/month + tax
- Total Payable: 51,283 CAD
- Total Interest: 12,824 CAD
At the end of the Lease Contract
Residual Value: 14,236 CAD (in 59 months)
- 4.9%Interest Rate x 48 months
- 327 CAD/month + tax
- Total Payable: 15,706 CAD
- Total Interest: 1,470 CAD
- 8.9%Interest Rate x 48 months
- 354 CAD/month + tax
- Total Payable: 16,972 CAD
- Total Interest: 2,736 CAD
- 14.9%Interest Rate x 48 months
- 395 CAD/month + tax
- Total Payable: 18,983 CAD
- Total Interest: 4,747 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)
80.74
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
13.50
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
117.34
- km/week
- without any
- additional costs
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