Payment Analysis

806.62CAD/monthin Toronto, ON
    Before Taxes:
  • 806.62 CAD/month
  • 372.29 CAD/bi-weekly
  • 186.14 CAD/week
  • 9,679.44 CAD/year
Incl. Ontario Taxes (13%):
  • 911.48 CAD/month
  • 420.68 CAD/bi-weekly
  • 210.34 CAD/week
  • 10,937.77 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: -3,016 ~ -2,116 CAD

compared to leasing a BRAND NEW:

  • Toyota Corolla LE CVT
  • for 36 months
  • in Ontario
  • $0 down payment
  • 22,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 382
This Contract (CAD/month) 807
Monthly Difference -424 CAD/month
Remaining Term x 9 months
Total Monthly Difference = -3,816 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = -3,016 ~ -2,116

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 67,317 CAD
  • Total Vehicle Debt: 87,416 CAD
  • Paid so Far: 20,099 CAD (22% Paid)
  • Remaining Lease Payments: 7,260 CAD
  • Residual Value: 60,058 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 20,099 CAD Total Vehicle Value: 87,416 CAD
22% Paid
78%
Vehicle Debt Breakdown
Downpayment: 8,000 CAD Remaining Term: 7,260 CAD
Term Paid so Far: 12,099 CAD Residual Value: 60,058 CAD
8%
14%
8%
70%
Cost to Own
Already Paid: 20,099 CAD (22%)
Cash Incentive: 0 CAD Buyout Price Today: 67,317 CAD
22% Paid
0%
78%
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: 67,317 CAD

  • 4.9%Interest Rate x 48 months
  • 1,547 CAD/month + tax
  • Total Payable: 74,267 CAD
  • Total Interest: 6,949 CAD
  • 8.9%Interest Rate x 48 months
  • 1,672 CAD/month + tax
  • Total Payable: 80,256 CAD
  • Total Interest: 12,939 CAD
  • 14.9%Interest Rate x 48 months
  • 1,870 CAD/month + tax
  • Total Payable: 89,764 CAD
  • Total Interest: 22,447 CAD

At the end of the Lease Contract

Residual Value: 60,058 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 1,380 CAD/month + tax
  • Total Payable: 66,258 CAD
  • Total Interest: 6,200 CAD
  • 8.9%Interest Rate x 48 months
  • 1,492 CAD/month + tax
  • Total Payable: 71,601 CAD
  • Total Interest: 11,543 CAD
  • 14.9%Interest Rate x 48 months
  • 1,668 CAD/month + tax
  • Total Payable: 80,083 CAD
  • Total Interest: 20,026 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)
35.41
  • + tax
  • + fuel
  • + insurance
(or 0.35CAD per km)
  • 60.50CAD/100km (Original Contract back in Oct, 2023)
Time Analysis
Cost per day: (CAD)
26.52
  • + tax
  • + insurance
  • + km driven & fuel
(0.37CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
525.64
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD
  • 307.69km/week (Contract Original back in Oct, 2023)

Seller Contact Info

  • Name: Qiao
  • Location: Toronto, ON
  • Date Contract Started:
  • Date Contract Ends:

Interested on this vehicle?
(We instantly notify owners via Email/SMS)

Click here to Make an OFFER

Serious inquires only.

Similar Listings in Toronto

+ 2,500 cash
SAVE ~8,100 CAD
CAD/month x 10 months
2021 Ford F150 Lariat (ID: #50897)
871
Toronto, ON
2021 Ford

F150 Lariat Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 871 CAD/month + tax
  • Cash Incentive: 2,500 CAD
  • Payment After Incentive: 621 CAD/month + tax
  • Original Downpayment: 5,000 CAD
  • Months to End: 10 months (Oct, 2025)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 57,600 km total
  • Available Now: 24,880 km/year (2,073 per month)
  • Please note that this contract ends in less than a year.
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Cash Incentive
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details
CAD/month x 17 months
2024 Chevrolet Silverado RST (ID: #57379)
700
Ottawa
2024 Chevrolet

Silverado RST Automatique AWD

Payment Details
  • Current Payment: 700 CAD/month + tax
  • Residual Value: 52,000 CAD
  • Months to End: 17 months (Jun, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 8,500 km total
  • Available Now: 22,235 km/year (1,853 per month)
See all Details
CAD/month x 74 months
2023 Ford F150 XLT Sport (ID: #56632)
1,010
Kawartha Lakes, ON
2023 Ford

F150 XLT Sport Automatique AWD

  • Warranty Complete Term
Payment Details
  • Current Payment: 1,010 CAD/month + tax
  • Months to End: 74 months (Mar, 2031)
Vehicle Status
  • Contract Allowance: 0 km/year
  • Current Odometer: 32,000 km total
  • Available Now: -5,189 km/year (-432 per month)
See all Details
CAD/month x 20 months
2024 Ford F150 Lariat Chrome package (ID: #56614)
600
Mississauga
2024 Ford

F150 Lariat Chrome package Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 600 CAD/month + tax
  • Original Downpayment: 3,500 CAD
  • Residual Value: 64,112 CAD
  • Months to End: 20 months (Sep, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 1,800 km total
  • Available Now: 22,920 km/year (1,910 per month)
  • Excess Km Cost: 0.16 CAD/km
See all Details
CAD/month x 22 months
2022 Chevrolet Colorado (ID: #56071)
698
Kawartha Lakes
2022 Chevrolet

Colorado Automatique AWD 4x4 Z71

  • Warranty Complete Term
Payment Details
  • Current Payment: 698 CAD/month + tax
  • Residual Value: 32,000 CAD
  • Months to End: 22 months (Oct, 2026)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 51,622 km total
  • Available Now: 15,479 km/year (1,290 per month)
  • Excess Km Cost: 0.08 CAD/km
See all Details
+ 5,000 cash
CAD/month x 2 months
2022 RAM Sport 5.7 crew cab (ID: #53786)
626
Markham
2022 RAM

Sport 5.7 crew cab Automatique AWD Sport model

  • Wear & Tear Coverage
Payment Details
  • Current Payment: 626 CAD/month + tax
  • Required Payment: 5,000 CAD
  • Payment Including Incentive: 3,126 CAD/month + tax
  • Original Downpayment: 3,789 CAD
  • Residual Value: 49,000 CAD
  • Months to End: 2 months (Mar, 2025)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 23,000 km total
  • Available Now: 150,000 km/year (12,500 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.16 CAD/km
See all Details