Leasing V/s Outright purchase

Lease
MSRP 750000
Negotiated Price 745000
Add-on Costs 5000
Cost deduction 50000
Lease residual 187500
Interest rate % 12
Term (Months) 36
Sales Tax % 5
Monthly Payments 19435.21

Total Sales Tax 35817

Total Interest 158850
Total Payment 699667
Total Cost 757167

Payment Monthly Total less

Payment No.
Date Payments Sales Tax Sales Tax
1 1/1/2010 19435.21 1943.52 17491.69
2 2/1/2010 19435.21 1943.52 17491.69
3 3/1/2010 19435.21 1943.52 17491.69
4 4/1/2010 19435.21 1943.52 17491.69
5 5/1/2010 19435.21 1943.52 17491.69
6 6/1/2010 19435.21 1943.52 17491.69
7 7/1/2010 19435.21 1943.52 17491.69
8 8/1/2010 19435.21 1943.52 17491.69
9 9/1/2010 19435.21 1943.52 17491.69
10 10/1/2010 19435.21 1943.52 17491.69
11 11/1/2010 19435.21 1943.52 17491.69
12 12/1/2010 19435.21 1943.52 17491.69
13 1/1/2011 19435.21 1943.52 17491.69
14 2/1/2011 19435.21 1943.52 17491.69
15 3/1/2011 19435.21 1943.52 17491.69
16 4/1/2011 19435.21 1943.52 17491.69
17 5/1/2011 19435.21 1943.52 17491.69
18 6/1/2011 19435.21 1943.52 17491.69
19 7/1/2011 19435.21 1943.52 17491.69
20 8/1/2011 19435.21 1943.52 17491.69
21 9/1/2011 19435.21 1943.52 17491.69
22 10/1/2011 19435.21 1943.52 17491.69
23 11/1/2011 19435.21 1943.52 17491.69
 24 12/1/2011 19435.21 1943.52 17491.69
25 1/1/2012 19435.21 1943.52 17491.69
26 2/1/2012 19435.21 1943.52 17491.69
27 3/1/2012 19435.21 1943.52 17491.69
28 4/1/2012 19435.21 1943.52 17491.69
29 5/1/2012 19435.21 1943.52 17491.69
30 6/1/2012 19435.21 1943.52 17491.69
31 7/1/2012 19435.21 1943.52 17491.69
32 8/1/2012 19435.21 1943.52 17491.69
33 9/1/2012 19435.21 1943.52 17491.69
34 10/1/2012 19435.21 1943.52 17491.69
35 11/1/2012 19435.21 1943.52 17491.69
36 12/1/2012 19435.21 1943.52 17491.69
Total 699667.56 69966.756 629700.8

NOTE :
Base on the above calculations, Leasing would provide lower monthly cost & lower total cost
If you purchase, you could sell your vehicle at the end of the term to recover your equity,which
reduces the total cost not the montly cost. If you contiue driviing your purchased vehicle,your
breakeven average monthly cost occurs to 46 months & total cost is reduced if you sale or trade
 Loan Data
Loan Amount INR 750,000.00 ###
Annual Interest Rate 9.75% ###
Loan Period in Years 3 ###
Number of Payments Per Year 12 ###
Start Date 1-Jan-2010 ###
###
Summary ###
Payment (per period) INR 24,112.46 ###
Number of Payments 36 ###
Actual Number of Payments 36
Total Interest Paid INR 118,048.40
Total Interest 15.74%
Total Payment INR 13,779,032.51

Payment Payment
Payment Principal Interest Balance
No. Date
1-Jan-2010 INR 750,000.00
1 1-Feb-2010 INR 24,112.46 INR 18,018.71 INR 6,093.75 INR 731,981.29
2 1-Mar-2010 INR 24,112.46 INR 18,165.11 INR 5,947.35 INR 713,816.18
3 1-Apr-2010 INR 24,112.46 INR 18,312.70 INR 5,799.76 INR 695,503.48
4 1-May-2010 INR 24,112.46 INR 18,461.49 INR 5,650.97 INR 677,041.99
5 1-Jun-2010 INR 24,112.46 INR 18,611.49 INR 5,500.97 INR 658,430.50
6 1-Jul-2010 INR 24,112.46 INR 18,762.71 INR 5,349.75 INR 639,667.79
7 1-Aug-2010 INR 24,112.46 INR 18,915.16 INR 5,197.30 INR 620,752.63
8 1-Sep-2010 INR 24,112.46 INR 19,068.84 INR 5,043.62 INR 601,683.79
9 1-Oct-2010 INR 24,112.46 INR 19,223.78 INR 4,888.68 INR 582,460.01
10 1-Nov-2010 INR 24,112.46 INR 19,379.97 INR 4,732.49 INR 563,080.04
11 1-Dec-2010 INR 24,112.46 INR 19,537.43 INR 4,575.03 INR 543,542.61
12 1-Jan-2011 INR 24,112.46 INR 19,696.18 INR 4,416.28 INR 523,846.43
13 1-Feb-2011 INR 24,112.46 INR 19,856.21 INR 4,256.25 INR 503,990.22
14 1-Mar-2011 INR 24,112.46 INR 20,017.54 INR 4,094.92 INR 483,972.68
15 1-Apr-2011 INR 24,112.46 INR 20,180.18 INR 3,932.28 INR 463,792.50
16 1-May-2011 INR 24,112.46 INR 20,344.15 INR 3,768.31 INR 443,448.35
17 1-Jun-2011 INR 24,112.46 INR 20,509.44 INR 3,603.02 INR 422,938.91
18 1-Jul-2011 INR 24,112.46 INR 20,676.08 INR 3,436.38 INR 402,262.83
19 1-Aug-2011 INR 24,112.46 INR 20,844.07 INR 3,268.39 INR 381,418.76
20 1-Sep-2011 INR 24,112.46 INR 21,013.43 INR 3,099.03 INR 360,405.33
21 1-Oct-2011 INR 24,112.46 INR 21,184.17 INR 2,928.29 INR 339,221.16
22 1-Nov-2011 INR 24,112.46 INR 21,356.29 INR 2,756.17 INR 317,864.87
23 1-Dec-2011 INR 24,112.46 INR 21,529.81 INR 2,582.65 INR 296,335.06
24 1-Jan-2012 INR 24,112.46 INR 21,704.74 INR 2,407.72 INR 274,630.32
25 1-Feb-2012 INR 24,112.46 INR 21,881.09 INR 2,231.37 INR 252,749.23
26 1-Mar-2012 INR 24,112.46 INR 22,058.87 INR 2,053.59 INR 230,690.36
27 1-Apr-2012 INR 24,112.46 INR 22,238.10 INR 1,874.36 INR 208,452.26
28 1-May-2012 INR 24,112.46 INR 22,418.79 INR 1,693.67 INR 186,033.47
29 1-Jun-2012 INR 24,112.46 INR 22,600.94 INR 1,511.52 INR 163,432.53
30 1-Jul-2012 INR 24,112.46 INR 22,784.57 INR 1,327.89 INR 140,647.96
31 1-Aug-2012 INR 24,112.46 INR 22,969.70 INR 1,142.76 INR 117,678.26
32 1-Sep-2012 INR 24,112.46 INR 23,156.32 INR 956.14 INR 94,521.94
33 1-Oct-2012 INR 24,112.46 INR 23,344.47 INR 767.99 INR 71,177.47
34 1-Nov-2012 INR 24,112.46 INR 23,534.14 INR 578.32 INR 47,643.33
35 1-Dec-2012 INR 24,112.46 INR 23,725.36 INR 387.10 INR 23,917.97
36 1-Jan-2013 INR 24,112.30 INR 23,917.97 INR 194.33 INR -

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Developed by Excely.com (c) 2007
Developed by Excely.com (c) 2007
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Sr.no. Expenses Details ( Monthly) Amt. (Rs) No. of Persons Amt. (Rs)
1 Directors 50000 2 100000
2 Backoffice incharge 25000 1 25000
3 Marketing executives 25000 3 75000
4 MIS executives 10000 2 20000
5 Billing executives 15000 2 30000
Total 8 250000