Payment Analysis

640.00CAD/monthin Edmonton, AB
    Before Taxes:
  • 640.00 CAD/month
  • 295.38 CAD/bi-weekly
  • 147.69 CAD/week
  • 7,680.00 CAD/year
Incl. Alberta Taxes (5%):
  • 672.00 CAD/month
  • 310.15 CAD/bi-weekly
  • 155.08 CAD/week
  • 8,064.00 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: 1,916 ~ 2,816 CAD

compared to leasing a BRAND NEW:

  • Lexus ES 350 Premium Package
  • for 48 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 717
This Contract (CAD/month) 640
Monthly Difference 77 CAD/month
Remaining Term x 8 months
Total Monthly Difference = 616 CAD
+ Cash Incentive** (CAD) + 500
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,916 ~ 2,816
** "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: 25,620 CAD
  • Total Vehicle Debt: 51,720 CAD
  • Paid so Far: 25,600 CAD (49% Paid)
  • Remaining Lease Payments: 5,120 CAD
  • Residual Value: 21,000 CAD
  • Cash Incentive: 500 CAD
Vehicle Debt & Value
Paid so far: 25,600 CAD Total Vehicle Value: 51,720 CAD
49% Paid
51%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 5,120 CAD
Term Paid so Far: 25,600 CAD Residual Value: 21,000 CAD
0%
49%
9%
42%
Cost to Own
Already Paid: 25,600 CAD (49%)
Cash Incentive: 500 CAD Buyout Price Today: 25,620 CAD
49% Paid
0%
51%
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: 25,620 CAD

  • 4.9%Interest Rate x 48 months
  • 589 CAD/month + tax
  • Total Payable: 28,265 CAD
  • Total Interest: 2,645 CAD
  • 8.9%Interest Rate x 48 months
  • 636 CAD/month + tax
  • Total Payable: 30,544 CAD
  • Total Interest: 4,924 CAD
  • 14.9%Interest Rate x 48 months
  • 712 CAD/month + tax
  • Total Payable: 34,163 CAD
  • Total Interest: 8,543 CAD

At the end of the Lease Contract

Residual Value: 21,000 CAD (in 8 months)

  • 4.9%Interest Rate x 48 months
  • 483 CAD/month + tax
  • Total Payable: 23,168 CAD
  • Total Interest: 2,168 CAD
  • 8.9%Interest Rate x 48 months
  • 522 CAD/month + tax
  • Total Payable: 25,036 CAD
  • Total Interest: 4,036 CAD
  • 14.9%Interest Rate x 48 months
  • 583 CAD/month + tax
  • Total Payable: 28,002 CAD
  • Total Interest: 7,002 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)
7.39
  • + tax
  • + fuel
  • + insurance
(inlcuding the 500CAD incentive)
  • 8.19CAD/100km (TODAY without the Cash Incentive)
  • 48.00CAD/100km (Original Contract back in Aug, 2020)
Time Analysis
Cost per day: (CAD)
18.99
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 500CAD incentive)
  • 21.04CAD/day (Original Contract back in Aug, 2020)
Remaining Km
Can be driven up to:
1,802.88
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 307.69km/week (Contract Original back in Aug, 2020)

Seller Contact Info

This Contract was Already Transferred.

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  • Wear & Tear Coverage
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