Payment Analysis

957.00CAD/monthin Edmonton, AB
    Before Taxes:
  • 957.00 CAD/month
  • 441.69 CAD/bi-weekly
  • 220.85 CAD/week
  • 11,484.00 CAD/year
Incl. Alberta Taxes (5%):
  • 1,004.85 CAD/month
  • 463.78 CAD/bi-weekly
  • 231.89 CAD/week
  • 12,058.20 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: 3,880 CAD

compared to leasing a BRAND NEW:

  • QX80 Trim QX80 7-PASSENGER LUXE AWD
  • for 42 months
  • in AB
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,151
This Contract (CAD/month) 957
Monthly Difference 194 CAD/month
Remaining Term x 20 months
Total Monthly Difference = 3,880 CAD
Total Savings (CAD) = 3,880

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 52,101 CAD
  • Total Vehicle Debt: 90,924 CAD
  • Paid so Far: 38,823 CAD (42% Paid)
  • Remaining Lease Payments: 19,140 CAD
  • Residual Value: 32,961 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 38,823 CAD Total Vehicle Value: 90,924 CAD
42% Paid
58%
Vehicle Debt Breakdown
Downpayment: 1,500 CAD Remaining Term: 19,140 CAD
Term Paid so Far: 37,323 CAD Residual Value: 32,961 CAD
1%
41%
21%
37%
Cost to Own
Already Paid: 38,823 CAD (42%)
Cash Incentive: 0 CAD Buyout Price Today: 52,101 CAD
42% Paid
0%
58%
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: 52,101 CAD

  • 4.9%Interest Rate x 48 months
  • 1,197 CAD/month + tax
  • Total Payable: 57,480 CAD
  • Total Interest: 5,379 CAD
  • 8.9%Interest Rate x 48 months
  • 1,294 CAD/month + tax
  • Total Payable: 62,115 CAD
  • Total Interest: 10,014 CAD
  • 14.9%Interest Rate x 48 months
  • 1,447 CAD/month + tax
  • Total Payable: 69,474 CAD
  • Total Interest: 17,373 CAD

At the end of the Lease Contract

Residual Value: 32,961 CAD (in 20 months)

  • 4.9%Interest Rate x 48 months
  • 758 CAD/month + tax
  • Total Payable: 36,364 CAD
  • Total Interest: 3,403 CAD
  • 8.9%Interest Rate x 48 months
  • 819 CAD/month + tax
  • Total Payable: 39,296 CAD
  • Total Interest: 6,335 CAD
  • 14.9%Interest Rate x 48 months
  • 916 CAD/month + tax
  • Total Payable: 43,952 CAD
  • Total Interest: 10,991 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)
21.67
  • + tax
  • + fuel
  • + insurance
(or 0.22CAD per km)
  • 57.42CAD/100km (Original Contract back in Mar, 2019)
Time Analysis
Cost per day: (CAD)
31.46
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,019.23
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD
  • 384.62km/week (Contract Original back in Mar, 2019)

Seller Contact Info

This Contract was Already Transferred.

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