Payment Analysis
973.82CAD/monthin Edmonton, AB
- 973.82 CAD/month
- 449.46 CAD/bi-weekly
- 224.73 CAD/week
- 11,685.84 CAD/year
Before Taxes:
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:
5,187 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
Leasing New (CAD/month) | 1,220 |
---|---|
This Contract (CAD/month) | 974 |
Monthly Difference | 247 CAD/month |
Remaining Term | x 21 months |
Total Monthly Difference | = 5,187 CAD |
Total Savings (CAD) | = 5,187 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
42,885 CAD
- Total Vehicle Debt: 60,463 CAD
- Paid so Far: 17,577 CAD (29% Paid)
- Remaining Lease Payments: 20,450 CAD
- Residual Value: 22,435 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,577 CAD Total Vehicle Value: 60,463 CAD
Vehicle Debt Breakdown
Downpayment: 1,023 CAD Remaining Term: 20,450 CAD
Term Paid so Far: 16,555 CAD Residual Value: 22,435 CAD
Cost to Own
Already Paid: 17,577 CAD (29%)
Cash Incentive: 0 CAD Buyout Price Today: 42,885 CAD
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: 42,885 CAD
- 4.9%Interest Rate x 48 months
- 986 CAD/month + tax
- Total Payable: 47,312 CAD
- Total Interest: 4,427 CAD
- 8.9%Interest Rate x 48 months
- 1,065 CAD/month + tax
- Total Payable: 51,128 CAD
- Total Interest: 8,243 CAD
- 14.9%Interest Rate x 48 months
- 1,191 CAD/month + tax
- Total Payable: 57,185 CAD
- Total Interest: 14,300 CAD
At the end of the Lease Contract
Residual Value: 22,435 CAD (in 21 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)
39.97
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
32.02
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
562.27
- km/week
- without any
- additional costs