Payment Analysis
260.00CAD/monthin Maidstone, SK
- 260.00 CAD/month
- 120.00 CAD/bi-weekly
- 60.00 CAD/week
- 3,120.00 CAD/year
Before Taxes:
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:
12,122 CAD
compared to leasing a BRAND NEW:
- Toyota Corolla SE CVT
- for 24 months
- in SK
- $0 down payment
- 50,000 km/year
| Leasing New (CAD/month) | 579 |
|---|---|
| This Contract (CAD/month) | 260 |
| Monthly Difference | 319 CAD/month |
| Remaining Term | x 38 months |
| Total Monthly Difference | = 12,122 CAD |
| Total Savings (CAD) | = 12,122 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
19,033 CAD
- Total Vehicle Debt: 25,753 CAD
- Paid so Far: 6,720 CAD (26% Paid)
- Remaining Lease Payments: 9,880 CAD
- Residual Value: 9,153 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 6,720 CAD Total Vehicle Value: 25,753 CAD
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 9,880 CAD
Term Paid so Far: 5,720 CAD Residual Value: 9,153 CAD
Cost to Own
Already Paid: 6,720 CAD (26%)
Cash Incentive: 0 CAD Buyout Price Today: 19,033 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: 19,033 CAD
- 4.9%Interest Rate x 48 months
- 437 CAD/month + tax
- Total Payable: 20,998 CAD
- Total Interest: 1,965 CAD
- 8.9%Interest Rate x 48 months
- 473 CAD/month + tax
- Total Payable: 22,691 CAD
- Total Interest: 3,658 CAD
- 14.9%Interest Rate x 48 months
- 529 CAD/month + tax
- Total Payable: 25,379 CAD
- Total Interest: 6,346 CAD
At the end of the Lease Contract
Residual Value: 9,153 CAD (in 38 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)
14.53
- + tax
- + fuel
- + insurance
- 15.60CAD/100km (Original Contract back in Sep, 2016)
Time Analysis
Cost per day: (CAD)
8.55
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
412.96
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Sep, 2016)
