Payment Analysis

500.00CAD/monthin Edmonton, AB
    Before Taxes:
  • 500.00 CAD/month
  • 230.77 CAD/bi-weekly
  • 115.38 CAD/week
  • 6,000.00 CAD/year
Incl. Alberta Taxes (5%):
  • 525.00 CAD/month
  • 242.31 CAD/bi-weekly
  • 121.15 CAD/week
  • 6,300.00 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: 6,278 ~ 6,678 CAD

compared to leasing a BRAND NEW:

  • KIA LX Automatic 2WD
  • for 24 months
  • in AB
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 666
This Contract (CAD/month) 500
Monthly Difference 166 CAD/month
Remaining Term x 33 months
Total Monthly Difference = 5,478 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 6,278 ~ 6,678

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 21,240 CAD
  • Total Vehicle Debt: 30,240 CAD
  • Paid so Far: 9,000 CAD (29% Paid)
  • Remaining Lease Payments: 16,500 CAD
  • Residual Value: 4,740 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 9,000 CAD Total Vehicle Value: 30,240 CAD
29% Paid
71%
Vehicle Debt Breakdown
Downpayment: 1,500 CAD Remaining Term: 16,500 CAD
Term Paid so Far: 7,500 CAD Residual Value: 4,740 CAD
4%
25%
55%
16%
Cost to Own
Already Paid: 9,000 CAD (29%)
Cash Incentive: 0 CAD Buyout Price Today: 21,240 CAD
29% Paid
0%
71%
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: 21,240 CAD

  • 4.9%Interest Rate x 48 months
  • 488 CAD/month + tax
  • Total Payable: 23,433 CAD
  • Total Interest: 2,193 CAD
  • 8.9%Interest Rate x 48 months
  • 528 CAD/month + tax
  • Total Payable: 25,322 CAD
  • Total Interest: 4,082 CAD
  • 14.9%Interest Rate x 48 months
  • 590 CAD/month + tax
  • Total Payable: 28,322 CAD
  • Total Interest: 7,082 CAD

At the end of the Lease Contract

Residual Value: 4,740 CAD (in 33 months)

  • 4.9%Interest Rate x 48 months
  • 109 CAD/month + tax
  • Total Payable: 5,229 CAD
  • Total Interest: 489 CAD
  • 8.9%Interest Rate x 48 months
  • 118 CAD/month + tax
  • Total Payable: 5,651 CAD
  • Total Interest: 911 CAD
  • 14.9%Interest Rate x 48 months
  • 132 CAD/month + tax
  • Total Payable: 6,321 CAD
  • Total Interest: 1,581 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)
32.35
  • + tax
  • + fuel
  • + insurance
(or 0.32CAD per km)
Time Analysis
Cost per day: (CAD)
16.44
  • + tax
  • + insurance
  • + km driven & fuel
(0.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
356.64
  • km/week
  • without any
  • additional costs
Excess km cost: 0.25CAD

Seller Contact Info

This Contract was Already Transferred.

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Lease Takeover Temporary Image
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2016 Chrysler 2016 Chrysler 300s Rwd with 3.6 vvt (V6) engine (ID: #57419)
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2016 Chrysler

2016 Chrysler 300s Rwd with 3.6 vvt (V6) engine Automatique 2WD

  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 446 CAD/month + tax
  • Original Downpayment: 2,000 CAD
  • Residual Value: 29,405 CAD
  • Months to End: 36 months (Aug, 2028)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 178 km total
  • Available Now: 26,052 km/year (2,171 per month)
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