Payment Analysis
662.00CAD/monthin Edmonton, AB
- 662.00 CAD/month
- 305.54 CAD/bi-weekly
- 152.77 CAD/week
- 7,944.00 CAD/year
Before Taxes:
Incl. Alberta Taxes (5%):
- 695.10 CAD/month
- 320.82 CAD/bi-weekly
- 160.41 CAD/week
- 8,341.20 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:
1,670 CAD
compared to leasing a BRAND NEW:
- Toyota Tundra Off Road 4x4 Double Cab
- for 60 months
- in Alberta
- $0 down payment
- 25,000 km/year
| Leasing New (CAD/month) | 679 |
|---|---|
| This Contract (CAD/month) | 662 |
| Monthly Difference | 17 CAD/month |
| Remaining Term | x 10 months |
| Total Monthly Difference | = 170 CAD |
| + Cash Incentive** (CAD) | + 1,500 |
| Total Savings (CAD) | = 1,670 |
| ** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
26,836 CAD
- Total Vehicle Debt: 63,422 CAD
- Paid so Far: 35,086 CAD (55% Paid)
- Remaining Lease Payments: 6,620 CAD
- Residual Value: 21,716 CAD
- Cash Incentive: 1,500 CAD
Vehicle Debt & Value
Paid so far: 35,086 CAD Total Vehicle Value: 63,422 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,620 CAD
Term Paid so Far: 35,086 CAD Residual Value: 21,716 CAD
Cost to Own
Already Paid: 35,086 CAD (55%)
Cash Incentive: 1,500 CAD Buyout Price Today: 26,836 CAD
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: 26,836 CAD
- 4.9%Interest Rate x 48 months
- 617 CAD/month + tax
- Total Payable: 29,606 CAD
- Total Interest: 2,770 CAD
- 8.9%Interest Rate x 48 months
- 667 CAD/month + tax
- Total Payable: 31,994 CAD
- Total Interest: 5,158 CAD
- 14.9%Interest Rate x 48 months
- 746 CAD/month + tax
- Total Payable: 35,784 CAD
- Total Interest: 8,948 CAD
At the end of the Lease Contract
Residual Value: 21,716 CAD (in 10 months)
- 4.9%Interest Rate x 48 months
- 499 CAD/month + tax
- Total Payable: 23,958 CAD
- Total Interest: 2,242 CAD
- 8.9%Interest Rate x 48 months
- 539 CAD/month + tax
- Total Payable: 25,890 CAD
- Total Interest: 4,174 CAD
- 14.9%Interest Rate x 48 months
- 603 CAD/month + tax
- Total Payable: 28,957 CAD
- Total Interest: 7,241 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)
4.28
- + tax
- + fuel
- + insurance
- 5.54CAD/100km (TODAY without the Cash Incentive)
- 33.10CAD/100km (Original Contract back in Dec, 2019)
Time Analysis
Cost per day: (CAD)
16.83
- + tax
- + insurance
- + km driven & fuel
- 21.76CAD/day (Original Contract back in Dec, 2019)
Remaining Km
Can be driven up to:
2,757.69
- km/week
- without any
- additional costs
- 461.54km/week (Contract Original back in Dec, 2019)
