Payment Analysis

400.00CAD/monthin Calgary, AB
    Before Taxes:
  • 400.00 CAD/month
  • 184.62 CAD/bi-weekly
  • 92.31 CAD/week
  • 4,800.00 CAD/year
Incl. Alberta Taxes (5%):
  • 420.00 CAD/month
  • 193.85 CAD/bi-weekly
  • 96.92 CAD/week
  • 5,040.00 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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 19,600 CAD
  • Total Vehicle Debt: 16,400 CAD
  • Paid so Far: -3,200 CAD (-20% Paid)
  • Remaining Lease Payments: 17,600 CAD
  • Residual Value: 2,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -3,200 CAD Total Vehicle Value: 16,400 CAD
-20% Paid
120%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 17,600 CAD
Term Paid so Far: -3,200 CAD Residual Value: 2,000 CAD
0%
-20%
107%
13%
Cost to Own
Already Paid: -3,200 CAD (-20%)
Cash Incentive: 0 CAD Buyout Price Today: 19,600 CAD
-20% Paid
0%
120%
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: 19,600 CAD

  • 4.9%Interest Rate x 48 months
  • 450 CAD/month + tax
  • Total Payable: 21,623 CAD
  • Total Interest: 2,023 CAD
  • 8.9%Interest Rate x 48 months
  • 487 CAD/month + tax
  • Total Payable: 23,367 CAD
  • Total Interest: 3,767 CAD
  • 14.9%Interest Rate x 48 months
  • 544 CAD/month + tax
  • Total Payable: 26,136 CAD
  • Total Interest: 6,536 CAD

At the end of the Lease Contract

Residual Value: 2,000 CAD (in 44 months)

  • 4.9%Interest Rate x 48 months
  • 46 CAD/month + tax
  • Total Payable: 2,206 CAD
  • Total Interest: 206 CAD
  • 8.9%Interest Rate x 48 months
  • 50 CAD/month + tax
  • Total Payable: 2,384 CAD
  • Total Interest: 384 CAD
  • 14.9%Interest Rate x 48 months
  • 56 CAD/month + tax
  • Total Payable: 2,667 CAD
  • Total Interest: 667 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)
15.35
  • + tax
  • + fuel
  • + insurance
(or 0.15CAD per km)
Time Analysis
Cost per day: (CAD)
13.15
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
601.40
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD

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