Payment Analysis

260.00CAD/monthin Maidstone, SK
    Before Taxes:
  • 260.00 CAD/month
  • 120.00 CAD/bi-weekly
  • 60.00 CAD/week
  • 3,120.00 CAD/year
Incl. Saskatchewan Taxes (11%):
  • 288.60 CAD/month
  • 133.20 CAD/bi-weekly
  • 66.60 CAD/week
  • 3,463.20 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: 16,269 CAD

compared to leasing a BRAND NEW:

  • Toyota Corolla SE CVT
  • for 24 months
  • in SK
  • $0 down payment
  • 50,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 579
This Contract (CAD/month) 260
Monthly Difference 319 CAD/month
Remaining Term x 51 months
Total Monthly Difference = 16,269 CAD
Total Savings (CAD) = 16,269

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 22,413 CAD
  • Total Vehicle Debt: 25,753 CAD
  • Paid so Far: 3,340 CAD (12% Paid)
  • Remaining Lease Payments: 13,260 CAD
  • Residual Value: 9,153 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 3,340 CAD Total Vehicle Value: 25,753 CAD
12% Paid
88%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 13,260 CAD
Term Paid so Far: 2,340 CAD Residual Value: 9,153 CAD
3%
9%
52%
36%
Cost to Own
Already Paid: 3,340 CAD (12%)
Cash Incentive: 0 CAD Buyout Price Today: 22,413 CAD
12% Paid
0%
88%
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: 22,413 CAD

  • 4.9%Interest Rate x 48 months
  • 515 CAD/month + tax
  • Total Payable: 24,727 CAD
  • Total Interest: 2,314 CAD
  • 8.9%Interest Rate x 48 months
  • 557 CAD/month + tax
  • Total Payable: 26,721 CAD
  • Total Interest: 4,308 CAD
  • 14.9%Interest Rate x 48 months
  • 623 CAD/month + tax
  • Total Payable: 29,886 CAD
  • Total Interest: 7,473 CAD

At the end of the Lease Contract

Residual Value: 9,153 CAD (in 51 months)

  • 4.9%Interest Rate x 48 months
  • 210 CAD/month + tax
  • Total Payable: 10,098 CAD
  • Total Interest: 945 CAD
  • 8.9%Interest Rate x 48 months
  • 227 CAD/month + tax
  • Total Payable: 10,912 CAD
  • Total Interest: 1,759 CAD
  • 14.9%Interest Rate x 48 months
  • 254 CAD/month + tax
  • Total Payable: 12,205 CAD
  • Total Interest: 3,052 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)
19.50
  • + tax
  • + fuel
  • + insurance
(or 0.20CAD per km)
Time Analysis
Cost per day: (CAD)
8.55
  • + tax
  • + insurance
  • + km driven & fuel
(0.06CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
307.69
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

Seller Contact Info

This Contract was Already Transferred.