Payment Analysis

387.00CAD/monthin Montreal, QC
    Before Taxes:
  • 387.00 CAD/month
  • 178.62 CAD/bi-weekly
  • 89.31 CAD/week
  • 4,644.00 CAD/year
Incl. Québec Taxes (14.98%):
  • 444.97 CAD/month
  • 205.37 CAD/bi-weekly
  • 102.69 CAD/week
  • 5,339.67 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: 11,333 ~ 12,633 CAD

compared to leasing a BRAND NEW:

  • Toyota Corolla Hatchback CVT with XSE
  • for 24 months
  • in Québec
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 596
This Contract (CAD/month) 387
Monthly Difference 209 CAD/month
Remaining Term x 37 months
Total Monthly Difference = 7,733 CAD
+ Cash Incentive** (CAD) + 2,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 11,333 ~ 12,633
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 26,589 CAD
  • Total Vehicle Debt: 32,459 CAD
  • Paid so Far: 3,870 CAD (11% Paid)
  • Remaining Lease Payments: 14,319 CAD
  • Residual Value: 14,270 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 3,870 CAD Total Vehicle Value: 32,459 CAD
11% Paid
89%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 14,319 CAD
Term Paid so Far: 3,870 CAD Residual Value: 14,270 CAD
0%
11%
44%
45%
Cost to Own
Already Paid: 3,870 CAD (11%)
Cash Incentive: 2,000 CAD Buyout Price Today: 26,589 CAD
11% Paid
6%
83%
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: 26,589 CAD

  • 4.9%Interest Rate x 48 months
  • 611 CAD/month + tax
  • Total Payable: 29,334 CAD
  • Total Interest: 2,745 CAD
  • 8.9%Interest Rate x 48 months
  • 660 CAD/month + tax
  • Total Payable: 31,699 CAD
  • Total Interest: 5,110 CAD
  • 14.9%Interest Rate x 48 months
  • 739 CAD/month + tax
  • Total Payable: 35,455 CAD
  • Total Interest: 8,866 CAD

At the end of the Lease Contract

Residual Value: 14,270 CAD (in 37 months)

  • 4.9%Interest Rate x 48 months
  • 328 CAD/month + tax
  • Total Payable: 15,743 CAD
  • Total Interest: 1,473 CAD
  • 8.9%Interest Rate x 48 months
  • 354 CAD/month + tax
  • Total Payable: 17,013 CAD
  • Total Interest: 2,743 CAD
  • 14.9%Interest Rate x 48 months
  • 396 CAD/month + tax
  • Total Payable: 19,028 CAD
  • Total Interest: 4,758 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)
35.99
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
Time Analysis
Cost per day: (CAD)
10.95
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
Remaining Km
Can be driven up to:
213.51
  • km/week
  • without any
  • additional costs
Excess km cost: 0.07CAD

Seller Contact Info

This Contract was Already Transferred.

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