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: 2,910 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 15 months
Total Monthly Difference = 2,910 CAD
Total Savings (CAD) = 2,910

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 47,316 CAD
  • Total Vehicle Debt: 90,924 CAD
  • Paid so Far: 43,608 CAD (47% Paid)
  • Remaining Lease Payments: 14,355 CAD
  • Residual Value: 32,961 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 43,608 CAD Total Vehicle Value: 90,924 CAD
47% Paid
53%
Vehicle Debt Breakdown
Downpayment: 1,500 CAD Remaining Term: 14,355 CAD
Term Paid so Far: 42,108 CAD Residual Value: 32,961 CAD
1%
46%
16%
37%
Cost to Own
Already Paid: 43,608 CAD (47%)
Cash Incentive: 0 CAD Buyout Price Today: 47,316 CAD
47% Paid
0%
53%
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: 47,316 CAD

  • 4.9%Interest Rate x 48 months
  • 1,088 CAD/month + tax
  • Total Payable: 52,201 CAD
  • Total Interest: 4,885 CAD
  • 8.9%Interest Rate x 48 months
  • 1,175 CAD/month + tax
  • Total Payable: 56,410 CAD
  • Total Interest: 9,094 CAD
  • 14.9%Interest Rate x 48 months
  • 1,314 CAD/month + tax
  • Total Payable: 63,093 CAD
  • Total Interest: 15,777 CAD

At the end of the Lease Contract

Residual Value: 32,961 CAD (in 15 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)
16.25
  • + tax
  • + fuel
  • + insurance
(or 0.16CAD per km)
  • 57.42CAD/100km (Original Contract back in Mar, 2019)
Time Analysis
Cost per day: (CAD)
31.46
  • + tax
  • + insurance
  • + km driven & fuel
(0.22CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,358.97
  • 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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