Payment Analysis

342.00CAD/monthin Vernon, BC
    Before Taxes:
  • 342.00 CAD/month
  • 157.85 CAD/bi-weekly
  • 78.92 CAD/week
  • 4,104.00 CAD/year
Incl. B.C. Taxes (12%):
  • 383.04 CAD/month
  • 176.79 CAD/bi-weekly
  • 88.39 CAD/week
  • 4,596.48 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: 878 ~ 1,278 CAD

compared to leasing a BRAND NEW:

  • Corolla SE Hatchback CVT w/ Upgrade SE Package
  • for 48 months
  • in B.C.
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 381
This Contract (CAD/month) 342
Monthly Difference 39 CAD/month
Remaining Term x 2 months
Total Monthly Difference = 78 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 878 ~ 1,278

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 10,823 CAD
  • Total Vehicle Debt: 32,027 CAD
  • Paid so Far: 21,204 CAD (66% Paid)
  • Remaining Lease Payments: 684 CAD
  • Residual Value: 10,139 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 21,204 CAD Total Vehicle Value: 32,027 CAD
66% Paid
34%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 684 CAD
Term Paid so Far: 21,204 CAD Residual Value: 10,139 CAD
0%
66%
2%
32%
Cost to Own
Already Paid: 21,204 CAD (66%)
Cash Incentive: 0 CAD Buyout Price Today: 10,823 CAD
66% Paid
0%
34%
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: 10,823 CAD

  • 4.9%Interest Rate x 48 months
  • 249 CAD/month + tax
  • Total Payable: 11,940 CAD
  • Total Interest: 1,117 CAD
  • 8.9%Interest Rate x 48 months
  • 269 CAD/month + tax
  • Total Payable: 12,903 CAD
  • Total Interest: 2,080 CAD
  • 14.9%Interest Rate x 48 months
  • 301 CAD/month + tax
  • Total Payable: 14,432 CAD
  • Total Interest: 3,609 CAD

At the end of the Lease Contract

Residual Value: 10,139 CAD (in 2 months)

  • 4.9%Interest Rate x 48 months
  • 233 CAD/month + tax
  • Total Payable: 11,186 CAD
  • Total Interest: 1,047 CAD
  • 8.9%Interest Rate x 48 months
  • 252 CAD/month + tax
  • Total Payable: 12,088 CAD
  • Total Interest: 1,949 CAD
  • 14.9%Interest Rate x 48 months
  • 282 CAD/month + tax
  • Total Payable: 13,520 CAD
  • Total Interest: 3,381 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)
0.62
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 17.10CAD/100km (Original Contract back in Oct, 2018)
Time Analysis
Cost per day: (CAD)
11.24
  • + tax
  • + insurance
  • + km driven & fuel
(1.64CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
12,819.23
  • km/week
  • without any
  • additional costs
Excess km cost: 0.07CAD
  • 461.54km/week (Contract Original back in Oct, 2018)

Seller Contact Info

This Contract was Already Transferred.

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