Payment Analysis

840.00CAD/monthin Calgary, AB
    Before Taxes:
  • 840.00 CAD/month
  • 387.69 CAD/bi-weekly
  • 193.85 CAD/week
  • 10,080.00 CAD/year
Incl. Alberta Taxes (5%):
  • 882.00 CAD/month
  • 407.08 CAD/bi-weekly
  • 203.54 CAD/week
  • 10,584.00 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

With this deal, you are saving: 5,480 CAD

compared to leasing a BRAND NEW:

  • Lexus IS 350 AWD F SPORT Series 3
  • for 24 months
  • in Alberta
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,114
This Contract (CAD/month) 840
Monthly Difference 274 CAD/month
Remaining Term x 20 months
Total Monthly Difference = 5,480 CAD
Total Savings (CAD) = 5,480

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 42,063 CAD
  • Total Vehicle Debt: 65,583 CAD
  • Paid so Far: 23,520 CAD (35% Paid)
  • Remaining Lease Payments: 16,800 CAD
  • Residual Value: 25,263 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 23,520 CAD Total Vehicle Value: 65,583 CAD
35% Paid
65%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 16,800 CAD
Term Paid so Far: 23,520 CAD Residual Value: 25,263 CAD
0%
35%
25%
40%
Cost to Own
Already Paid: 23,520 CAD (35%)
Cash Incentive: 0 CAD Buyout Price Today: 42,063 CAD
35% Paid
0%
65%
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: 42,063 CAD

  • 4.9%Interest Rate x 48 months
  • 967 CAD/month + tax
  • Total Payable: 46,405 CAD
  • Total Interest: 4,342 CAD
  • 8.9%Interest Rate x 48 months
  • 1,045 CAD/month + tax
  • Total Payable: 50,147 CAD
  • Total Interest: 8,085 CAD
  • 14.9%Interest Rate x 48 months
  • 1,169 CAD/month + tax
  • Total Payable: 56,088 CAD
  • Total Interest: 14,026 CAD

At the end of the Lease Contract

Residual Value: 25,263 CAD (in 20 months)

  • 4.9%Interest Rate x 48 months
  • 581 CAD/month + tax
  • Total Payable: 27,871 CAD
  • Total Interest: 2,608 CAD
  • 8.9%Interest Rate x 48 months
  • 627 CAD/month + tax
  • Total Payable: 30,118 CAD
  • Total Interest: 4,856 CAD
  • 14.9%Interest Rate x 48 months
  • 702 CAD/month + tax
  • Total Payable: 33,686 CAD
  • Total Interest: 8,424 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)
35.00
  • + tax
  • + fuel
  • + insurance
(or 0.35CAD per km)
  • 56.00CAD/100km (Original Contract back in Jul, 2018)
Time Analysis
Cost per day: (CAD)
27.62
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
553.85
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 346.15km/week (Contract Original back in Jul, 2018)

Seller Contact Info

This Contract was Already Transferred.

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