Payment Analysis
298.32CAD/monthin Ottawa, ON
- 298.32 CAD/month
- 137.69 CAD/bi-weekly
- 68.84 CAD/week
- 3,579.84 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 337.10 CAD/month
- 155.59 CAD/bi-weekly
- 77.79 CAD/week
- 4,045.22 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:
2,896 ~ 4,196 CAD
compared to leasing a BRAND NEW:
- Toyota Corolla hatchback CVT Automatic 2WD Wear and Tear/WEARCARE Package
- for 36 months
- in Ontario
- $0 down payment
- 24,000 km/year
Leasing New (CAD/month) | 442 |
---|---|
This Contract (CAD/month) | 298 |
Monthly Difference | 144 CAD/month |
Remaining Term | x 9 months |
Total Monthly Difference | = 1,296 CAD |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
+ Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
Total Savings (CAD) | = 2,896 ~ 4,196 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
12,136 CAD
- Total Vehicle Debt: 28,246 CAD
- Paid so Far: 16,109 CAD (57% Paid)
- Remaining Lease Payments: 2,685 CAD
- Residual Value: 9,451 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 16,109 CAD Total Vehicle Value: 28,246 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,685 CAD
Term Paid so Far: 16,109 CAD Residual Value: 9,451 CAD
Cost to Own
Already Paid: 16,109 CAD (57%)
Cash Incentive: 0 CAD Buyout Price Today: 12,136 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: 12,136 CAD
- 4.9%Interest Rate x 48 months
- 279 CAD/month + tax
- Total Payable: 13,389 CAD
- Total Interest: 1,253 CAD
- 8.9%Interest Rate x 48 months
- 301 CAD/month + tax
- Total Payable: 14,469 CAD
- Total Interest: 2,333 CAD
- 14.9%Interest Rate x 48 months
- 337 CAD/month + tax
- Total Payable: 16,183 CAD
- Total Interest: 4,047 CAD
At the end of the Lease Contract
Residual Value: 9,451 CAD (in 9 months)
- 4.9%Interest Rate x 48 months
- 217 CAD/month + tax
- Total Payable: 10,427 CAD
- Total Interest: 976 CAD
- 8.9%Interest Rate x 48 months
- 235 CAD/month + tax
- Total Payable: 11,268 CAD
- Total Interest: 1,817 CAD
- 14.9%Interest Rate x 48 months
- 263 CAD/month + tax
- Total Payable: 12,603 CAD
- Total Interest: 3,152 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)
2.76
- + tax
- + fuel
- + insurance
- 14.92CAD/100km (Original Contract back in Nov, 2018)
Time Analysis
Cost per day: (CAD)
9.81
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
2,495.51
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Nov, 2018)
Seller Contact Info
This Contract was Already Transferred.
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