Payment Analysis

268.72CAD/monthin Vancouver, BC
    Before Taxes:
  • 268.72 CAD/month
  • 124.02 CAD/bi-weekly
  • 62.01 CAD/week
  • 3,224.64 CAD/year
Incl. B.C. Taxes (12%):
  • 300.97 CAD/month
  • 138.91 CAD/bi-weekly
  • 69.45 CAD/week
  • 3,611.60 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: 170 CAD

compared to leasing a BRAND NEW:

  • Corolla LE CVT
  • for 52 months
  • in BC
  • $0 down payment
  • 18,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 302
This Contract (CAD/month) 269
Monthly Difference 34 CAD/month
Remaining Term x 5 months
Total Monthly Difference = 170 CAD
Total Savings (CAD) = 170

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 10,860 CAD
  • Total Vehicle Debt: 25,370 CAD
  • Paid so Far: 14,511 CAD (57% Paid)
  • Remaining Lease Payments: 1,344 CAD
  • Residual Value: 9,516 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 14,511 CAD Total Vehicle Value: 25,370 CAD
57% Paid
43%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 1,344 CAD
Term Paid so Far: 14,511 CAD Residual Value: 9,516 CAD
0%
57%
5%
38%
Cost to Own
Already Paid: 14,511 CAD (57%)
Cash Incentive: 0 CAD Buyout Price Today: 10,860 CAD
57% Paid
0%
43%
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: 10,860 CAD

  • 4.9%Interest Rate x 48 months
  • 250 CAD/month + tax
  • Total Payable: 11,981 CAD
  • Total Interest: 1,121 CAD
  • 8.9%Interest Rate x 48 months
  • 270 CAD/month + tax
  • Total Payable: 12,947 CAD
  • Total Interest: 2,087 CAD
  • 14.9%Interest Rate x 48 months
  • 302 CAD/month + tax
  • Total Payable: 14,481 CAD
  • Total Interest: 3,621 CAD

At the end of the Lease Contract

Residual Value: 9,516 CAD (in 5 months)

  • 4.9%Interest Rate x 48 months
  • 219 CAD/month + tax
  • Total Payable: 10,498 CAD
  • Total Interest: 982 CAD
  • 8.9%Interest Rate x 48 months
  • 236 CAD/month + tax
  • Total Payable: 11,345 CAD
  • Total Interest: 1,829 CAD
  • 14.9%Interest Rate x 48 months
  • 264 CAD/month + tax
  • Total Payable: 12,689 CAD
  • Total Interest: 3,173 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)
1.39
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 16.12CAD/100km (Original Contract back in Sep, 2020)
Time Analysis
Cost per day: (CAD)
8.83
  • + tax
  • + insurance
  • + km driven & fuel
(0.66CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
4,462.31
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Sep, 2020)

Seller Contact Info

This Contract was Already Transferred.

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