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: 20,000 CAD
  • Total Vehicle Debt: 24,800 CAD
  • Paid so Far: 4,800 CAD (19% Paid)
  • Remaining Lease Payments: 14,000 CAD
  • Residual Value: 6,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 4,800 CAD Total Vehicle Value: 24,800 CAD
19% Paid
81%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 14,000 CAD
Term Paid so Far: 4,800 CAD Residual Value: 6,000 CAD
0%
19%
56%
25%
Cost to Own
Already Paid: 4,800 CAD (19%)
Cash Incentive: 0 CAD Buyout Price Today: 20,000 CAD
19% Paid
0%
81%
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: 20,000 CAD

  • 4.9%Interest Rate x 48 months
  • 460 CAD/month + tax
  • Total Payable: 22,065 CAD
  • Total Interest: 2,065 CAD
  • 8.9%Interest Rate x 48 months
  • 497 CAD/month + tax
  • Total Payable: 23,844 CAD
  • Total Interest: 3,844 CAD
  • 14.9%Interest Rate x 48 months
  • 556 CAD/month + tax
  • Total Payable: 26,669 CAD
  • Total Interest: 6,669 CAD

At the end of the Lease Contract

Residual Value: 6,000 CAD (in 35 months)

  • 4.9%Interest Rate x 48 months
  • 138 CAD/month + tax
  • Total Payable: 6,619 CAD
  • Total Interest: 619 CAD
  • 8.9%Interest Rate x 48 months
  • 149 CAD/month + tax
  • Total Payable: 7,153 CAD
  • Total Interest: 1,153 CAD
  • 14.9%Interest Rate x 48 months
  • 167 CAD/month + tax
  • Total Payable: 8,001 CAD
  • Total Interest: 2,001 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)
19.05
  • + tax
  • + fuel
  • + insurance
(or 0.19CAD per km)
  • 20.00CAD/100km (Original Contract back in Apr, 2018)
Time Analysis
Cost per day: (CAD)
13.15
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
484.62
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 461.54km/week (Contract Original back in Apr, 2018)

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