Payment Analysis

296.90CAD/monthin Edmonton, AB
    Before Taxes:
  • 296.90 CAD/month
  • 137.03 CAD/bi-weekly
  • 68.52 CAD/week
  • 3,562.80 CAD/year
Incl. Alberta Taxes (5%):
  • 311.75 CAD/month
  • 143.88 CAD/bi-weekly
  • 71.94 CAD/week
  • 3,740.94 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: 16,801 CAD
  • Total Vehicle Debt: 36,006 CAD
  • Paid so Far: 18,705 CAD (51% Paid)
  • Remaining Lease Payments: 594 CAD
  • Residual Value: 16,707 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 18,705 CAD Total Vehicle Value: 36,006 CAD
51% Paid
49%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 594 CAD
Term Paid so Far: 18,705 CAD Residual Value: 16,707 CAD
0%
51%
1%
48%
Cost to Own
Already Paid: 18,705 CAD (51%)
Cash Incentive: 500 CAD Buyout Price Today: 16,801 CAD
51% Paid
1%
48%
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: 16,801 CAD

  • 4.9%Interest Rate x 48 months
  • 386 CAD/month + tax
  • Total Payable: 18,535 CAD
  • Total Interest: 1,734 CAD
  • 8.9%Interest Rate x 48 months
  • 417 CAD/month + tax
  • Total Payable: 20,030 CAD
  • Total Interest: 3,229 CAD
  • 14.9%Interest Rate x 48 months
  • 467 CAD/month + tax
  • Total Payable: 22,403 CAD
  • Total Interest: 5,602 CAD

At the end of the Lease Contract

Residual Value: 16,707 CAD (in 2 months)

  • 4.9%Interest Rate x 48 months
  • 384 CAD/month + tax
  • Total Payable: 18,432 CAD
  • Total Interest: 1,725 CAD
  • 8.9%Interest Rate x 48 months
  • 415 CAD/month + tax
  • Total Payable: 19,918 CAD
  • Total Interest: 3,211 CAD
  • 14.9%Interest Rate x 48 months
  • 464 CAD/month + tax
  • Total Payable: 22,278 CAD
  • Total Interest: 5,571 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)
0.06
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 0.35CAD/100km (TODAY without the Cash Incentive)
  • 7.13CAD/100km (Original Contract back in Mar, 2019)
Time Analysis
Cost per day: (CAD)
1.54
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 9.76CAD/day (Original Contract back in Mar, 2019)
Remaining Km
Can be driven up to:
19,365.38
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 961.54km/week (Contract Original back in Mar, 2019)