Toyota Lease Takeover in Montréal, QC: 2019 Toyota Yaris Automatique 2WD ID:#12587 • LeaseCosts Canada

Payment Analysis

250.46CAD/monthin Montréal, QC

Before Taxes:

250.46 CAD/month
115.60 CAD/bi-weekly
57.80 CAD/week
3,005.52 CAD/year

Incl. Québec Taxes (14.98%):

287.98 CAD/month
132.91 CAD/bi-weekly
66.46 CAD/week
3,455.75 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: 968 ~ 1,368 CAD

compared to leasing a BRAND NEW:

Toyota Yaris
for 36 months
in Quebec
$0 down payment
20,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	271
This Contract (CAD/month)	250
Monthly Difference	21 CAD/month
Remaining Term	x 8 months
Total Monthly Difference	= 168 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
Total Savings (CAD)	= 968 ~ 1,368

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 9,338 CAD

Total Vehicle Debt: 23,363 CAD
Paid so Far: 14,026 CAD (60% Paid)
Remaining Lease Payments: 2,004 CAD
Residual Value: 7,334 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: 14,026 CAD Total Vehicle Value: 23,363 CAD

60% Paid

40%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 2,004 CAD

Term Paid so Far: 14,026 CAD Residual Value: 7,334 CAD

60%

32%

Cost to Own

Already Paid: 14,026 CAD (60%)

Cash Incentive: 0 CAD Buyout Price Today: 9,338 CAD

60% Paid

40%

Additional Financing Details

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: 9,338 CAD

4.9%Interest Rate x 48 months
215 CAD/month + tax
Total Payable: 10,302 CAD
Total Interest: 964 CAD

8.9%Interest Rate x 48 months
232 CAD/month + tax
Total Payable: 11,132 CAD
Total Interest: 1,795 CAD

14.9%Interest Rate x 48 months
259 CAD/month + tax
Total Payable: 12,451 CAD
Total Interest: 3,114 CAD

At the end of the Lease Contract

Residual Value: 7,334 CAD (in 8 months)

4.9%Interest Rate x 48 months
169 CAD/month + tax
Total Payable: 8,091 CAD
Total Interest: 757 CAD

8.9%Interest Rate x 48 months
182 CAD/month + tax
Total Payable: 8,744 CAD
Total Interest: 1,410 CAD

14.9%Interest Rate x 48 months
204 CAD/month + tax
Total Payable: 9,779 CAD
Total Interest: 2,445 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)