Payment Analysis
345.00CAD/monthin Ottawa, ON
- 345.00 CAD/month
- 159.23 CAD/bi-weekly
- 79.62 CAD/week
- 4,140.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 389.85 CAD/month
- 179.93 CAD/bi-weekly
- 89.97 CAD/week
- 4,678.20 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:
2,656 ~ 3,956 CAD
compared to leasing a BRAND NEW:
- TOYOTA COROLLA HATCHBACK CVT with SE
- for 48 months
- in Ontario
- $0 down payment
- 24,000 km/year
| Leasing New (CAD/month) | 353 |
|---|---|
| This Contract (CAD/month) | 345 |
| Monthly Difference | 8 CAD/month |
| Remaining Term | x 7 months |
| Total Monthly Difference | = 56 CAD |
| + Cash Incentive** (CAD) | + 1,000 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 2,656 ~ 3,956 |
| ** "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:
11,550 CAD
- Total Vehicle Debt: 30,490 CAD
- Paid so Far: 17,940 CAD (58% Paid)
- Remaining Lease Payments: 2,415 CAD
- Residual Value: 10,135 CAD
- Cash Incentive: 1,000 CAD
Vehicle Debt & Value
Paid so far: 17,940 CAD Total Vehicle Value: 30,490 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,415 CAD
Term Paid so Far: 17,940 CAD Residual Value: 10,135 CAD
Cost to Own
Already Paid: 17,940 CAD (58%)
Cash Incentive: 1,000 CAD Buyout Price Today: 11,550 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: 11,550 CAD
- 4.9%Interest Rate x 48 months
- 265 CAD/month + tax
- Total Payable: 12,742 CAD
- Total Interest: 1,192 CAD
- 8.9%Interest Rate x 48 months
- 287 CAD/month + tax
- Total Payable: 13,770 CAD
- Total Interest: 2,220 CAD
- 14.9%Interest Rate x 48 months
- 321 CAD/month + tax
- Total Payable: 15,401 CAD
- Total Interest: 3,851 CAD
At the end of the Lease Contract
Residual Value: 10,135 CAD (in 7 months)
- 4.9%Interest Rate x 48 months
- 233 CAD/month + tax
- Total Payable: 11,181 CAD
- Total Interest: 1,046 CAD
- 8.9%Interest Rate x 48 months
- 252 CAD/month + tax
- Total Payable: 12,083 CAD
- Total Interest: 1,948 CAD
- 14.9%Interest Rate x 48 months
- 282 CAD/month + tax
- Total Payable: 13,514 CAD
- Total Interest: 3,379 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)
1.56
- + tax
- + fuel
- + insurance
- 2.66CAD/100km (TODAY without the Cash Incentive)
- 20.70CAD/100km (Original Contract back in Jul, 2020)
Time Analysis
Cost per day: (CAD)
6.65
- + tax
- + insurance
- + km driven & fuel
- 11.34CAD/day (Original Contract back in Jul, 2020)
Remaining Km
Can be driven up to:
2,997.80
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Jul, 2020)
Seller Contact Info
This Contract was Already Transferred.
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Payment Details
- Current Payment: 702 CAD/month + tax
- Months to End: 26 months (Feb, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 20,000 km total
- Available Now: 27,692 km/year (2,308 per month)
- Excess Km Cost: 0.15 CAD/km
