Payment Analysis
706.00CAD/monthin Calgary-Edmonton, AB
- 706.00 CAD/month
- 325.85 CAD/bi-weekly
- 162.92 CAD/week
- 8,472.00 CAD/year
Before Taxes:
Incl. Alberta Taxes (5%):
- 741.30 CAD/month
- 342.14 CAD/bi-weekly
- 171.07 CAD/week
- 8,895.60 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:
7,208 CAD
compared to leasing a BRAND NEW:
- Tesla Model 3 Standard Plus Rear-Wheel Drive (financed) with the $5,000 incentive applied
- for 48 months
- in Alberta
- $2,500 required down payment
- 40,000 km/year
| Leasing New (CAD/month) | 1,074 |
|---|---|
| This Contract (CAD/month) | 706 |
| Monthly Difference | 368 CAD/month |
| Remaining Term | x 6 months |
| Total Monthly Difference | = 2,208 CAD |
| + Cash Incentive** (CAD) | + 5,000 |
| Total Savings (CAD) | = 7,208 |
| ** "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:
19,212 CAD
- Total Vehicle Debt: 54,664 CAD
- Paid so Far: 30,452 CAD (55% Paid)
- Remaining Lease Payments: 4,236 CAD
- Residual Value: 19,976 CAD
- Cash Incentive: 5,000 CAD
Vehicle Debt & Value
Paid so far: 30,452 CAD Total Vehicle Value: 54,664 CAD
Vehicle Debt Breakdown
Downpayment: 800 CAD Remaining Term: 4,236 CAD
Term Paid so Far: 29,652 CAD Residual Value: 19,976 CAD
Cost to Own
Already Paid: 30,452 CAD (55%)
Cash Incentive: 5,000 CAD Buyout Price Today: 19,212 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: 19,212 CAD
- 4.9%Interest Rate x 48 months
- 442 CAD/month + tax
- Total Payable: 21,195 CAD
- Total Interest: 1,983 CAD
- 8.9%Interest Rate x 48 months
- 477 CAD/month + tax
- Total Payable: 22,905 CAD
- Total Interest: 3,693 CAD
- 14.9%Interest Rate x 48 months
- 534 CAD/month + tax
- Total Payable: 25,618 CAD
- Total Interest: 6,406 CAD
At the end of the Lease Contract
Residual Value: 19,976 CAD (in 6 months)
- 4.9%Interest Rate x 48 months
- 459 CAD/month + tax
- Total Payable: 22,038 CAD
- Total Interest: 2,062 CAD
- 8.9%Interest Rate x 48 months
- 496 CAD/month + tax
- Total Payable: 23,815 CAD
- Total Interest: 3,839 CAD
- 14.9%Interest Rate x 48 months
- 555 CAD/month + tax
- Total Payable: 26,637 CAD
- Total Interest: 6,661 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)
-1.19
- + tax
- + fuel
- + insurance
- 6.62CAD/100km (TODAY without the Cash Incentive)
- 52.95CAD/100km (Original Contract back in Sep, 2021)
Time Analysis
Cost per day: (CAD)
-4.19
- + tax
- + insurance
- + km driven & fuel
- 23.21CAD/day (Original Contract back in Sep, 2021)
Remaining Km
Can be driven up to:
2,461.54
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Sep, 2021)
Seller Contact Info
This Contract was Already Transferred.
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