Payment Analysis
360.00CAD/monthin Brampton, ON
- 360.00 CAD/month
- 166.15 CAD/bi-weekly
- 83.08 CAD/week
- 4,320.00 CAD/year
Before Taxes:
Incl. Ontario Taxes (13%):
- 406.80 CAD/month
- 187.75 CAD/bi-weekly
- 93.88 CAD/week
- 4,881.60 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:
10,716 CAD
compared to leasing a BRAND NEW:
- Chevrolet Cruze LT
- for 24 months
- in Ontario
- $0 down payment
- 20,000 km/year
| Leasing New (CAD/month) | 577 |
|---|---|
| This Contract (CAD/month) | 360 |
| Monthly Difference | 217 CAD/month |
| Remaining Term | x 48 months |
| Total Monthly Difference | = 10,416 CAD |
| + Cash Incentive** (CAD) | + 300 |
| Total Savings (CAD) | = 10,716 |
| ** "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:
26,480 CAD
- Total Vehicle Debt: 22,460 CAD
- Paid so Far: -4,320 CAD (-20% Paid)
- Remaining Lease Payments: 17,280 CAD
- Residual Value: 9,500 CAD
- Cash Incentive: 300 CAD
Vehicle Debt & Value
Paid so far: -4,320 CAD Total Vehicle Value: 22,460 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 17,280 CAD
Term Paid so Far: -4,320 CAD Residual Value: 9,500 CAD
Cost to Own
Already Paid: -4,320 CAD (-20%)
Cash Incentive: 300 CAD Buyout Price Today: 26,480 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: 26,480 CAD
- 4.9%Interest Rate x 48 months
- 609 CAD/month + tax
- Total Payable: 29,214 CAD
- Total Interest: 2,734 CAD
- 8.9%Interest Rate x 48 months
- 658 CAD/month + tax
- Total Payable: 31,570 CAD
- Total Interest: 5,090 CAD
- 14.9%Interest Rate x 48 months
- 736 CAD/month + tax
- Total Payable: 35,310 CAD
- Total Interest: 8,830 CAD
At the end of the Lease Contract
Residual Value: 9,500 CAD (in 48 months)
- 4.9%Interest Rate x 48 months
- 218 CAD/month + tax
- Total Payable: 10,481 CAD
- Total Interest: 981 CAD
- 8.9%Interest Rate x 48 months
- 236 CAD/month + tax
- Total Payable: 11,326 CAD
- Total Interest: 1,826 CAD
- 14.9%Interest Rate x 48 months
- 264 CAD/month + tax
- Total Payable: 12,668 CAD
- Total Interest: 3,168 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)
33.96
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
11.63
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
240.38
- km/week
- without any
- additional costs
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