Payment Analysis
243.36CAD/monthin Toronto, ON
- 243.36 CAD/month
- 112.32 CAD/bi-weekly
- 56.16 CAD/week
- 2,920.32 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 275.00 CAD/month
- 126.92 CAD/bi-weekly
- 63.46 CAD/week
- 3,299.96 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:
9,256 ~ 10,556 CAD
compared to leasing a BRAND NEW:
- Toyota Corolla SE CVT
- for 24 months
- in Ontario
- $0 down payment
- 16,000 km/year
| Leasing New (CAD/month) | 471 |
|---|---|
| This Contract (CAD/month) | 243 |
| Monthly Difference | 228 CAD/month |
| Remaining Term | x 27 months |
| Total Monthly Difference | = 6,156 CAD |
| + Cash Incentive** (CAD) | + 1,500 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 9,256 ~ 10,556 |
| ** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
14,391 CAD
- Total Vehicle Debt: 24,805 CAD
- Paid so Far: 8,915 CAD (35% Paid)
- Remaining Lease Payments: 6,571 CAD
- Residual Value: 9,320 CAD
- Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 8,915 CAD Total Vehicle Value: 24,805 CAD
Vehicle Debt Breakdown
Downpayment: 884 CAD Remaining Term: 6,571 CAD
Term Paid so Far: 8,031 CAD Residual Value: 9,320 CAD
Cost to Own
Already Paid: 8,915 CAD (35%)
Cash Incentive: 1,500 CAD Buyout Price Today: 14,391 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: 14,391 CAD
- 4.9%Interest Rate x 48 months
- 331 CAD/month + tax
- Total Payable: 15,876 CAD
- Total Interest: 1,486 CAD
- 8.9%Interest Rate x 48 months
- 357 CAD/month + tax
- Total Payable: 17,156 CAD
- Total Interest: 2,766 CAD
- 14.9%Interest Rate x 48 months
- 400 CAD/month + tax
- Total Payable: 19,189 CAD
- Total Interest: 4,798 CAD
At the end of the Lease Contract
Residual Value: 9,320 CAD (in 27 months)
- 4.9%Interest Rate x 48 months
- 214 CAD/month + tax
- Total Payable: 10,282 CAD
- Total Interest: 962 CAD
- 8.9%Interest Rate x 48 months
- 231 CAD/month + tax
- Total Payable: 11,111 CAD
- Total Interest: 1,791 CAD
- 14.9%Interest Rate x 48 months
- 259 CAD/month + tax
- Total Payable: 12,427 CAD
- Total Interest: 3,108 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)
14.91
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
6.17
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
290.60
- km/week
- without any
- additional costs
Seller Contact Info
This Contract was Already Transferred.
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