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: 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
Savings Breakdown:
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
29% Paid
71%
Vehicle Debt Breakdown
Downpayment: 1,023 CAD Remaining Term: 20,450 CAD
Term Paid so Far: 16,555 CAD Residual Value: 22,435 CAD
1%
28%
33%
38%
Cost to Own
Already Paid: 17,577 CAD (29%)
Cash Incentive: 0 CAD Buyout Price Today: 42,885 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: 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
(or 0.40CAD per km)
Time Analysis
Cost per day: (CAD)
32.02
  • + tax
  • + insurance
  • + km driven & fuel
(0.16CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
562.27
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD

Seller Contact Info

This Contract was Already Transferred.