Payment Analysis

973.82CAD/monthin Edmonton, AB
    Before Taxes:
  • 973.82 CAD/month
  • 449.46 CAD/bi-weekly
  • 224.73 CAD/week
  • 11,685.84 CAD/year
Incl. Alberta Taxes (5%):
  • 1,022.51 CAD/month
  • 471.93 CAD/bi-weekly
  • 235.96 CAD/week
  • 12,270.13 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: 10,621 CAD

compared to leasing a BRAND NEW:

  • Lexus ES350 Automatic 2WD Ultra Luxury Package
  • for 24 months
  • in AB
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,220
This Contract (CAD/month) 974
Monthly Difference 247 CAD/month
Remaining Term x 43 months
Total Monthly Difference = 10,621 CAD
Total Savings (CAD) = 10,621

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 64,309 CAD
  • Total Vehicle Debt: 60,463 CAD
  • Paid so Far: -3,847 CAD (-7% Paid)
  • Remaining Lease Payments: 41,874 CAD
  • Residual Value: 22,435 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -3,847 CAD Total Vehicle Value: 60,463 CAD
-7% Paid
107%
Vehicle Debt Breakdown
Downpayment: 1,023 CAD Remaining Term: 41,874 CAD
Term Paid so Far: -4,869 CAD Residual Value: 22,435 CAD
1%
-8%
69%
38%
Cost to Own
Already Paid: -3,847 CAD (-7%)
Cash Incentive: 0 CAD Buyout Price Today: 64,309 CAD
-7% Paid
0%
107%
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: 64,309 CAD

  • 4.9%Interest Rate x 48 months
  • 1,478 CAD/month + tax
  • Total Payable: 70,948 CAD
  • Total Interest: 6,639 CAD
  • 8.9%Interest Rate x 48 months
  • 1,597 CAD/month + tax
  • Total Payable: 76,670 CAD
  • Total Interest: 12,361 CAD
  • 14.9%Interest Rate x 48 months
  • 1,787 CAD/month + tax
  • Total Payable: 85,753 CAD
  • Total Interest: 21,444 CAD

At the end of the Lease Contract

Residual Value: 22,435 CAD (in 43 months)

  • 4.9%Interest Rate x 48 months
  • 516 CAD/month + tax
  • Total Payable: 24,751 CAD
  • Total Interest: 2,316 CAD
  • 8.9%Interest Rate x 48 months
  • 557 CAD/month + tax
  • Total Payable: 26,747 CAD
  • Total Interest: 4,312 CAD
  • 14.9%Interest Rate x 48 months
  • 623 CAD/month + tax
  • Total Payable: 29,916 CAD
  • Total Interest: 7,481 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)
81.84
  • + tax
  • + fuel
  • + insurance
(or 0.82CAD per km)
Time Analysis
Cost per day: (CAD)
32.02
  • + tax
  • + insurance
  • + km driven & fuel
(0.08CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
274.60
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD

Seller Contact Info

This Contract was Already Transferred.

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Payment Details
  • Current Payment: 446 CAD/month + tax
  • Original Downpayment: 2,000 CAD
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