Payment Analysis

501.92CAD/monthin Victoria, BC
    Before Taxes:
  • 501.92 CAD/month
  • 231.66 CAD/bi-weekly
  • 115.83 CAD/week
  • 6,023.04 CAD/year
Incl. B.C. Taxes (12%):
  • 562.15 CAD/month
  • 259.45 CAD/bi-weekly
  • 129.73 CAD/week
  • 6,745.80 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: 11,712 CAD

compared to leasing a BRAND NEW:

  • Toyota Prius Technology
  • for 24 months
  • in B.C.
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 745
This Contract (CAD/month) 502
Monthly Difference 244 CAD/month
Remaining Term x 48 months
Total Monthly Difference = 11,712 CAD
Total Savings (CAD) = 11,712

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 40,342 CAD
  • Total Vehicle Debt: 29,300 CAD
  • Paid so Far: -11,042 CAD (-38% Paid)
  • Remaining Lease Payments: 24,092 CAD
  • Residual Value: 16,250 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -11,042 CAD Total Vehicle Value: 29,300 CAD
-38% Paid
138%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 24,092 CAD
Term Paid so Far: -11,042 CAD Residual Value: 16,250 CAD
0%
-38%
82%
56%
Cost to Own
Already Paid: -11,042 CAD (-38%)
Cash Incentive: 0 CAD Buyout Price Today: 40,342 CAD
-38% Paid
0%
138%
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: 40,342 CAD

  • 4.9%Interest Rate x 48 months
  • 927 CAD/month + tax
  • Total Payable: 44,507 CAD
  • Total Interest: 4,165 CAD
  • 8.9%Interest Rate x 48 months
  • 1,002 CAD/month + tax
  • Total Payable: 48,096 CAD
  • Total Interest: 7,754 CAD
  • 14.9%Interest Rate x 48 months
  • 1,121 CAD/month + tax
  • Total Payable: 53,794 CAD
  • Total Interest: 13,452 CAD

At the end of the Lease Contract

Residual Value: 16,250 CAD (in 48 months)

  • 4.9%Interest Rate x 48 months
  • 373 CAD/month + tax
  • Total Payable: 17,928 CAD
  • Total Interest: 1,678 CAD
  • 8.9%Interest Rate x 48 months
  • 404 CAD/month + tax
  • Total Payable: 19,373 CAD
  • Total Interest: 3,123 CAD
  • 14.9%Interest Rate x 48 months
  • 451 CAD/month + tax
  • Total Payable: 21,668 CAD
  • Total Interest: 5,418 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)
94.06
  • + tax
  • + fuel
  • + insurance
(or 0.94CAD per km)
Time Analysis
Cost per day: (CAD)
16.50
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
123.14
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD