Payment Analysis

382.00CAD/monthin Regina, SK
    Before Taxes:
  • 382.00 CAD/month
  • 176.31 CAD/bi-weekly
  • 88.15 CAD/week
  • 4,584.00 CAD/year
Incl. Saskatchewan Taxes (11%):
  • 424.02 CAD/month
  • 195.70 CAD/bi-weekly
  • 97.85 CAD/week
  • 5,088.24 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: 250 CAD

compared to leasing a BRAND NEW:

  • Toyota RAV4 LE
  • for 48 months
  • in Saskatchewan
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 408
This Contract (CAD/month) 382
Monthly Difference 25 CAD/month
Remaining Term x 10 months
Total Monthly Difference = 250 CAD
Total Savings (CAD) = 250

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 16,659 CAD
  • Total Vehicle Debt: 35,377 CAD
  • Paid so Far: 18,718 CAD (52% Paid)
  • Remaining Lease Payments: 3,820 CAD
  • Residual Value: 12,839 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 18,718 CAD Total Vehicle Value: 35,377 CAD
52% Paid
48%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 3,820 CAD
Term Paid so Far: 18,718 CAD Residual Value: 12,839 CAD
0%
52%
11%
37%
Cost to Own
Already Paid: 18,718 CAD (52%)
Cash Incentive: 0 CAD Buyout Price Today: 16,659 CAD
52% Paid
0%
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: 16,659 CAD

  • 4.9%Interest Rate x 48 months
  • 383 CAD/month + tax
  • Total Payable: 18,379 CAD
  • Total Interest: 1,720 CAD
  • 8.9%Interest Rate x 48 months
  • 414 CAD/month + tax
  • Total Payable: 19,861 CAD
  • Total Interest: 3,202 CAD
  • 14.9%Interest Rate x 48 months
  • 463 CAD/month + tax
  • Total Payable: 22,214 CAD
  • Total Interest: 5,555 CAD

At the end of the Lease Contract

Residual Value: 12,839 CAD (in 10 months)

  • 4.9%Interest Rate x 48 months
  • 295 CAD/month + tax
  • Total Payable: 14,165 CAD
  • Total Interest: 1,325 CAD
  • 8.9%Interest Rate x 48 months
  • 319 CAD/month + tax
  • Total Payable: 15,307 CAD
  • Total Interest: 2,468 CAD
  • 14.9%Interest Rate x 48 months
  • 357 CAD/month + tax
  • Total Payable: 17,121 CAD
  • Total Interest: 4,281 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)
5.26
  • + tax
  • + fuel
  • + insurance
(or 0.05CAD per km)
  • 22.92CAD/100km (Original Contract back in Aug, 2018)
Time Analysis
Cost per day: (CAD)
12.56
  • + tax
  • + insurance
  • + km driven & fuel
(0.33CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,676.15
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 384.62km/week (Contract Original back in Aug, 2018)

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2021 Cadillac

XT6 Automatique AWD Sport

Payment Details
  • Current Payment: 804 CAD/month + tax
  • Original Downpayment: 5,383 CAD
  • Residual Value: 52,191 CAD
  • Months to End: 6 months (Nov, 2023)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 33,580 km total
  • Available Now: 24,840 km/year (2,070 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.16 CAD/km
See all Details