Payment Analysis
426.00CAD/monthin Toronto, ON
- 426.00 CAD/month
- 196.62 CAD/bi-weekly
- 98.31 CAD/week
- 5,112.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 481.38 CAD/month
- 222.18 CAD/bi-weekly
- 111.09 CAD/week
- 5,776.56 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:
938 ~ 1,838 CAD
compared to leasing a BRAND NEW:
- Toyota Corolla XSE Automatic 2WD
- for 48 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 432 |
|---|---|
| This Contract (CAD/month) | 426 |
| Monthly Difference | 6 CAD/month |
| Remaining Term | x 23 months |
| Total Monthly Difference | = 138 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 938 ~ 1,838 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
19,798 CAD
- Total Vehicle Debt: 35,560 CAD
- Paid so Far: 15,762 CAD (44% Paid)
- Remaining Lease Payments: 9,798 CAD
- Residual Value: 10,000 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 15,762 CAD Total Vehicle Value: 35,560 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 9,798 CAD
Term Paid so Far: 15,762 CAD Residual Value: 10,000 CAD
Cost to Own
Already Paid: 15,762 CAD (44%)
Cash Incentive: 0 CAD Buyout Price Today: 19,798 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: 19,798 CAD
- 4.9%Interest Rate x 48 months
- 455 CAD/month + tax
- Total Payable: 21,842 CAD
- Total Interest: 2,044 CAD
- 8.9%Interest Rate x 48 months
- 492 CAD/month + tax
- Total Payable: 23,603 CAD
- Total Interest: 3,805 CAD
- 14.9%Interest Rate x 48 months
- 550 CAD/month + tax
- Total Payable: 26,400 CAD
- Total Interest: 6,602 CAD
At the end of the Lease Contract
Residual Value: 10,000 CAD (in 23 months)
- 4.9%Interest Rate x 48 months
- 230 CAD/month + tax
- Total Payable: 11,032 CAD
- Total Interest: 1,032 CAD
- 8.9%Interest Rate x 48 months
- 248 CAD/month + tax
- Total Payable: 11,922 CAD
- Total Interest: 1,922 CAD
- 14.9%Interest Rate x 48 months
- 278 CAD/month + tax
- Total Payable: 13,334 CAD
- Total Interest: 3,334 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)
9.91
- + tax
- + fuel
- + insurance
- 25.56CAD/100km (Original Contract back in Oct, 2021)
Time Analysis
Cost per day: (CAD)
14.01
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
992.27
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Oct, 2021)
Seller Contact Info
This Contract was Already Transferred.
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