Payment Analysis
363.61CAD/monthin Toronto, ON
- 363.61 CAD/month
- 167.82 CAD/bi-weekly
- 83.91 CAD/week
- 4,363.32 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 410.88 CAD/month
- 189.64 CAD/bi-weekly
- 94.82 CAD/week
- 4,930.55 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:
6,754 ~ 7,154 CAD
compared to leasing a BRAND NEW:
- Toyota COROLLA LE CVT
- for 48 months
- in Ontario
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 285 |
---|---|
This Contract (CAD/month) | 364 |
Monthly Difference | -78 CAD/month |
Remaining Term | x 7 months |
Total Monthly Difference | = -546 CAD |
+ Cash Incentive** (CAD) | + 6,500 |
+ Winter Tires Cost (CAD) | + 800 ~ 1,200 |
Total Savings (CAD) | = 6,754 ~ 7,154 |
** "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:
5,827 CAD
- Total Vehicle Debt: 31,598 CAD
- Paid so Far: 19,271 CAD (60% Paid)
- Remaining Lease Payments: 2,545 CAD
- Residual Value: 9,782 CAD
- Cash Incentive: 6,500 CAD
Vehicle Debt & Value
Paid so far: 19,271 CAD Total Vehicle Value: 31,598 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,545 CAD
Term Paid so Far: 19,271 CAD Residual Value: 9,782 CAD
Cost to Own
Already Paid: 19,271 CAD (60%)
Cash Incentive: 6,500 CAD Buyout Price Today: 5,827 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: 5,827 CAD
- 4.9%Interest Rate x 48 months
- 134 CAD/month + tax
- Total Payable: 6,429 CAD
- Total Interest: 602 CAD
- 8.9%Interest Rate x 48 months
- 145 CAD/month + tax
- Total Payable: 6,947 CAD
- Total Interest: 1,120 CAD
- 14.9%Interest Rate x 48 months
- 162 CAD/month + tax
- Total Payable: 7,770 CAD
- Total Interest: 1,943 CAD
At the end of the Lease Contract
Residual Value: 9,782 CAD (in 7 months)
- 4.9%Interest Rate x 48 months
- 225 CAD/month + tax
- Total Payable: 10,792 CAD
- Total Interest: 1,010 CAD
- 8.9%Interest Rate x 48 months
- 243 CAD/month + tax
- Total Payable: 11,662 CAD
- Total Interest: 1,880 CAD
- 14.9%Interest Rate x 48 months
- 272 CAD/month + tax
- Total Payable: 13,043 CAD
- Total Interest: 3,262 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)
-5.24
- + tax
- + fuel
- + insurance
- 3.37CAD/100km (TODAY without the Cash Incentive)
- 21.82CAD/100km (Original Contract back in Jul, 2020)
Time Analysis
Cost per day: (CAD)
-18.57
- + tax
- + insurance
- + km driven & fuel
- 11.95CAD/day (Original Contract back in Jul, 2020)
Remaining Km
Can be driven up to:
2,488.35
- 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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