Payment Analysis

622.00CAD/monthin Calgary, AB
    Before Taxes:
  • 622.00 CAD/month
  • 287.08 CAD/bi-weekly
  • 143.54 CAD/week
  • 7,464.00 CAD/year
Incl. Alberta Taxes (5%):
  • 653.10 CAD/month
  • 301.43 CAD/bi-weekly
  • 150.72 CAD/week
  • 7,837.20 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: 6,090 CAD

compared to leasing a BRAND NEW:

  • GLA 250 4 MATIC SUV Automatic AWD
  • for 24 months
  • in AB
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 912
This Contract (CAD/month) 622
Monthly Difference 290 CAD/month
Remaining Term x 21 months
Total Monthly Difference = 6,090 CAD
Total Savings (CAD) = 6,090

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 36,014 CAD
  • Total Vehicle Debt: 50,942 CAD
  • Paid so Far: 14,928 CAD (29% Paid)
  • Remaining Lease Payments: 13,062 CAD
  • Residual Value: 22,952 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 14,928 CAD Total Vehicle Value: 50,942 CAD
29% Paid
71%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 13,062 CAD
Term Paid so Far: 14,928 CAD Residual Value: 22,952 CAD
0%
29%
25%
46%
Cost to Own
Already Paid: 14,928 CAD (29%)
Cash Incentive: 0 CAD Buyout Price Today: 36,014 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: 36,014 CAD

  • 4.9%Interest Rate x 48 months
  • 828 CAD/month + tax
  • Total Payable: 39,732 CAD
  • Total Interest: 3,718 CAD
  • 8.9%Interest Rate x 48 months
  • 895 CAD/month + tax
  • Total Payable: 42,936 CAD
  • Total Interest: 6,922 CAD
  • 14.9%Interest Rate x 48 months
  • 1,000 CAD/month + tax
  • Total Payable: 48,023 CAD
  • Total Interest: 12,009 CAD

At the end of the Lease Contract

Residual Value: 22,952 CAD (in 21 months)

  • 4.9%Interest Rate x 48 months
  • 528 CAD/month + tax
  • Total Payable: 25,321 CAD
  • Total Interest: 2,369 CAD
  • 8.9%Interest Rate x 48 months
  • 570 CAD/month + tax
  • Total Payable: 27,363 CAD
  • Total Interest: 4,411 CAD
  • 14.9%Interest Rate x 48 months
  • 638 CAD/month + tax
  • Total Payable: 30,605 CAD
  • Total Interest: 7,653 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)
21.91
  • + tax
  • + fuel
  • + insurance
(or 0.22CAD per km)
  • 33.17CAD/100km (Original Contract back in Oct, 2018)
Time Analysis
Cost per day: (CAD)
20.45
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
655.22
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 432.69km/week (Contract Original back in Oct, 2018)

Seller Contact Info

This Contract was Already Transferred.

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