Payment Analysis
424.00CAD/monthin Victoria, BC
- 424.00 CAD/month
- 195.69 CAD/bi-weekly
- 97.85 CAD/week
- 5,088.00 CAD/year
Before Taxes:
Incl. B.C. Taxes (12%):
- 474.88 CAD/month
- 219.18 CAD/bi-weekly
- 109.59 CAD/week
- 5,698.56 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:
1,775 ~ 2,675 CAD
compared to leasing a BRAND NEW:
- Toyota Corolla LE CVT with LE Upgrade w/ Platinium coverage 60/100,000km (Finance takeover)
- for 60 months
- in BC
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 499 |
|---|---|
| This Contract (CAD/month) | 424 |
| Monthly Difference | 75 CAD/month |
| Remaining Term | x 13 months |
| Total Monthly Difference | = 975 CAD |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 1,775 ~ 2,675 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
5,513 CAD
- Total Vehicle Debt: 31,287 CAD
- Paid so Far: 25,774 CAD (82% Paid)
- Remaining Lease Payments: 5,512 CAD
- Residual Value: 1 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 25,774 CAD Total Vehicle Value: 31,287 CAD
Vehicle Debt Breakdown
Downpayment: 1,182 CAD Remaining Term: 5,512 CAD
Term Paid so Far: 24,592 CAD Residual Value: 1 CAD
Cost to Own
Already Paid: 25,774 CAD (82%)
Cash Incentive: 0 CAD Buyout Price Today: 5,513 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: 5,513 CAD
- 4.9%Interest Rate x 48 months
- 127 CAD/month + tax
- Total Payable: 6,082 CAD
- Total Interest: 569 CAD
- 8.9%Interest Rate x 48 months
- 137 CAD/month + tax
- Total Payable: 6,573 CAD
- Total Interest: 1,060 CAD
- 14.9%Interest Rate x 48 months
- 153 CAD/month + tax
- Total Payable: 7,351 CAD
- Total Interest: 1,838 CAD
At the end of the Lease Contract
Residual Value: 1 CAD (in 13 months)
- 4.9%Interest Rate x 48 months
- 0 CAD/month + tax
- Total Payable: 1 CAD
- Total Interest: 0 CAD
- 8.9%Interest Rate x 48 months
- 0 CAD/month + tax
- Total Payable: 1 CAD
- Total Interest: 0 CAD
- 14.9%Interest Rate x 48 months
- 0 CAD/month + tax
- Total Payable: 1 CAD
- Total Interest: 0 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)
5.28
- + tax
- + fuel
- + insurance
- 25.44CAD/100km (Original Contract back in Feb, 2020)
Time Analysis
Cost per day: (CAD)
13.94
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
1,852.07
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Feb, 2020)
Seller Contact Info
This Contract was Already Transferred.
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