To calculate either your loan or lease payment:
- Go to the Yahoo! Canada Autos home page and click on the Loan Calculators link in the Finance section.
- Select either the Loan Calculator or the Lease Calculator, or, if you want to see both estimates side by side, choose the Loan vs. Lease Calculator.
- Fill in the requested information. If you don't understand some of the terms, go to the auto loan glossary.
- Click the \"Calculate\" button.
You will see the estimated monthly payment, the total cost of all monthly payments, and the total cost to purchase. The total cost to purchase for leased vehicles includes all the monthly payments plus the
residual value. For vehicles purchased by loan, the total cost to purchase includes all the monthly payments plus the down payment and the trade-in value.