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:
9,712 ~ 11,012 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 29 months |
| Total Monthly Difference | = 6,612 CAD |
| + Cash Incentive** (CAD) | + 1,500 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 9,712 ~ 11,012 |
| ** "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:
14,877 CAD
- Total Vehicle Debt: 24,805 CAD
- Paid so Far: 8,428 CAD (33% Paid)
- Remaining Lease Payments: 7,057 CAD
- Residual Value: 9,320 CAD
- Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 8,428 CAD Total Vehicle Value: 24,805 CAD
Vehicle Debt Breakdown
Downpayment: 884 CAD Remaining Term: 7,057 CAD
Term Paid so Far: 7,544 CAD Residual Value: 9,320 CAD
Cost to Own
Already Paid: 8,428 CAD (33%)
Cash Incentive: 1,500 CAD Buyout Price Today: 14,877 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: 14,877 CAD
- 4.9%Interest Rate x 48 months
- 342 CAD/month + tax
- Total Payable: 16,413 CAD
- Total Interest: 1,536 CAD
- 8.9%Interest Rate x 48 months
- 370 CAD/month + tax
- Total Payable: 17,737 CAD
- Total Interest: 2,859 CAD
- 14.9%Interest Rate x 48 months
- 413 CAD/month + tax
- Total Payable: 19,838 CAD
- Total Interest: 4,961 CAD
At the end of the Lease Contract
Residual Value: 9,320 CAD (in 29 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)
16.35
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
6.30
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
270.56
- km/week
- without any
- additional costs
Seller Contact Info
This Contract was Already Transferred.
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