Payment Analysis

171.70CAD/monthin Saint John, NB
    Before Taxes:
  • 171.70 CAD/month
  • 79.25 CAD/bi-weekly
  • 39.62 CAD/week
  • 2,060.40 CAD/year
Incl. New Brunswick Taxes (15%):
  • 197.46 CAD/month
  • 91.13 CAD/bi-weekly
  • 45.57 CAD/week
  • 2,369.46 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: 2,556 CAD

compared to leasing a BRAND NEW:

  • Toyota Corolla SE Hatchback CVT 2WD
  • for 36 months
  • in NB
  • $0 down payment
  • 33,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 455
This Contract (CAD/month) 172
Monthly Difference 284 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 2,556 CAD
Total Savings (CAD) = 2,556

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 10,945 CAD
  • Total Vehicle Debt: 22,202 CAD
  • Paid so Far: 11,257 CAD (50% Paid)
  • Remaining Lease Payments: 1,545 CAD
  • Residual Value: 9,400 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 11,257 CAD Total Vehicle Value: 22,202 CAD
50% Paid
50%
Vehicle Debt Breakdown
Downpayment: 2,500 CAD Remaining Term: 1,545 CAD
Term Paid so Far: 8,757 CAD Residual Value: 9,400 CAD
11%
39%
7%
43%
Cost to Own
Already Paid: 11,257 CAD (50%)
Cash Incentive: 0 CAD Buyout Price Today: 10,945 CAD
50% Paid
0%
50%
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: 10,945 CAD

  • 4.9%Interest Rate x 48 months
  • 252 CAD/month + tax
  • Total Payable: 12,075 CAD
  • Total Interest: 1,130 CAD
  • 8.9%Interest Rate x 48 months
  • 272 CAD/month + tax
  • Total Payable: 13,049 CAD
  • Total Interest: 2,104 CAD
  • 14.9%Interest Rate x 48 months
  • 304 CAD/month + tax
  • Total Payable: 14,595 CAD
  • Total Interest: 3,650 CAD

At the end of the Lease Contract

Residual Value: 9,400 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 216 CAD/month + tax
  • Total Payable: 10,370 CAD
  • Total Interest: 970 CAD
  • 8.9%Interest Rate x 48 months
  • 233 CAD/month + tax
  • Total Payable: 11,207 CAD
  • Total Interest: 1,807 CAD
  • 14.9%Interest Rate x 48 months
  • 261 CAD/month + tax
  • Total Payable: 12,534 CAD
  • Total Interest: 3,134 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)
1.49
  • + tax
  • + fuel
  • + insurance
(or 0.01CAD per km)
  • 8.24CAD/100km (Original Contract back in Apr, 2019)
Time Analysis
Cost per day: (CAD)
5.64
  • + tax
  • + insurance
  • + km driven & fuel
(0.37CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,652.95
  • km/week
  • without any
  • additional costs
Excess km cost: 0.09CAD
  • 480.77km/week (Contract Original back in Apr, 2019)

Seller Contact Info

This Contract was Already Transferred.

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Payment Details
  • Current Payment: 800 CAD/month + tax
  • Residual Value: 23,125 CAD
  • Months to End: 62 months (Oct, 2019)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 48,386 km total
  • Available Now: 4,570 km/year (381 per month)
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