Payment Analysis

648.96CAD/monthin Red Deer, AB
    Before Taxes:
  • 648.96 CAD/month
  • 299.52 CAD/bi-weekly
  • 149.76 CAD/week
  • 7,787.52 CAD/year
Incl. Alberta Taxes (5%):
  • 681.41 CAD/month
  • 314.50 CAD/bi-weekly
  • 157.25 CAD/week
  • 8,176.90 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: 13,900 ~ 14,800 CAD

compared to leasing a BRAND NEW:

  • Toyota Sienna LE AWD 7-Pass
  • for 12 months
  • in Alberta
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,146
This Contract (CAD/month) 649
Monthly Difference 498 CAD/month
Remaining Term x 25 months
Total Monthly Difference = 12,450 CAD
+ Cash Incentive** (CAD) + 650
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 13,900 ~ 14,800
** "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: 36,993 CAD
  • Total Vehicle Debt: 46,728 CAD
  • Paid so Far: 9,085 CAD (19% Paid)
  • Remaining Lease Payments: 16,224 CAD
  • Residual Value: 21,419 CAD
  • Cash Incentive: 650 CAD
Vehicle Debt & Value
Paid so far: 9,085 CAD Total Vehicle Value: 46,728 CAD
19% Paid
81%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 16,224 CAD
Term Paid so Far: 9,085 CAD Residual Value: 21,419 CAD
0%
19%
34%
47%
Cost to Own
Already Paid: 9,085 CAD (19%)
Cash Incentive: 650 CAD Buyout Price Today: 36,993 CAD
19% Paid
1%
80%
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: 36,993 CAD

  • 4.9%Interest Rate x 48 months
  • 850 CAD/month + tax
  • Total Payable: 40,812 CAD
  • Total Interest: 3,819 CAD
  • 8.9%Interest Rate x 48 months
  • 919 CAD/month + tax
  • Total Payable: 44,103 CAD
  • Total Interest: 7,110 CAD
  • 14.9%Interest Rate x 48 months
  • 1,028 CAD/month + tax
  • Total Payable: 49,328 CAD
  • Total Interest: 12,335 CAD

At the end of the Lease Contract

Residual Value: 21,419 CAD (in 25 months)

  • 4.9%Interest Rate x 48 months
  • 492 CAD/month + tax
  • Total Payable: 23,630 CAD
  • Total Interest: 2,211 CAD
  • 8.9%Interest Rate x 48 months
  • 532 CAD/month + tax
  • Total Payable: 25,536 CAD
  • Total Interest: 4,117 CAD
  • 14.9%Interest Rate x 48 months
  • 595 CAD/month + tax
  • Total Payable: 28,561 CAD
  • Total Interest: 7,142 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)
39.93
  • + tax
  • + fuel
  • + insurance
(inlcuding the 650CAD incentive)
Time Analysis
Cost per day: (CAD)
20.48
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 650CAD incentive)
Remaining Km
Can be driven up to:
360.00
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD

Seller Contact Info

This Contract was Already Transferred.