Payment Analysis

609.53CAD/monthin Fort McMurray, AB
    Before Taxes:
  • 609.53 CAD/month
  • 281.32 CAD/bi-weekly
  • 140.66 CAD/week
  • 7,314.36 CAD/year
Incl. Alberta Taxes (5%):
  • 640.01 CAD/month
  • 295.39 CAD/bi-weekly
  • 147.69 CAD/week
  • 7,680.08 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: 9,125 ~ 9,525 CAD

compared to leasing a BRAND NEW:

  • CANYON DENALI 4WD CREW CAB, LONG BOX DENALI
  • for 24 months
  • in Alberta
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 794
This Contract (CAD/month) 610
Monthly Difference 185 CAD/month
Remaining Term x 45 months
Total Monthly Difference = 8,325 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 9,125 ~ 9,525

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 52,000 CAD
  • Total Vehicle Debt: 58,324 CAD
  • Paid so Far: 6,324 CAD (10% Paid)
  • Remaining Lease Payments: 27,429 CAD
  • Residual Value: 24,571 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 6,324 CAD Total Vehicle Value: 58,324 CAD
10% Paid
90%
Vehicle Debt Breakdown
Downpayment: 2,667 CAD Remaining Term: 27,429 CAD
Term Paid so Far: 3,657 CAD Residual Value: 24,571 CAD
4%
6%
47%
43%
Cost to Own
Already Paid: 6,324 CAD (10%)
Cash Incentive: 0 CAD Buyout Price Today: 52,000 CAD
10% Paid
0%
90%
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: 52,000 CAD

  • 4.9%Interest Rate x 48 months
  • 1,195 CAD/month + tax
  • Total Payable: 57,368 CAD
  • Total Interest: 5,368 CAD
  • 8.9%Interest Rate x 48 months
  • 1,292 CAD/month + tax
  • Total Payable: 61,994 CAD
  • Total Interest: 9,995 CAD
  • 14.9%Interest Rate x 48 months
  • 1,445 CAD/month + tax
  • Total Payable: 69,339 CAD
  • Total Interest: 17,339 CAD

At the end of the Lease Contract

Residual Value: 24,571 CAD (in 45 months)

  • 4.9%Interest Rate x 48 months
  • 565 CAD/month + tax
  • Total Payable: 27,107 CAD
  • Total Interest: 2,537 CAD
  • 8.9%Interest Rate x 48 months
  • 610 CAD/month + tax
  • Total Payable: 29,294 CAD
  • Total Interest: 4,723 CAD
  • 14.9%Interest Rate x 48 months
  • 683 CAD/month + tax
  • Total Payable: 32,764 CAD
  • Total Interest: 8,193 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)
65.31
  • + tax
  • + fuel
  • + insurance
(or 0.65CAD per km)
Time Analysis
Cost per day: (CAD)
20.04
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
215.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD

Seller Contact Info

This Contract was Already Transferred.

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