Payment Analysis

373.02CAD/monthin Calgary, AB
    Before Taxes:
  • 373.02 CAD/month
  • 172.16 CAD/bi-weekly
  • 86.08 CAD/week
  • 4,476.24 CAD/year
Incl. Alberta Taxes (5%):
  • 391.67 CAD/month
  • 180.77 CAD/bi-weekly
  • 90.39 CAD/week
  • 4,700.05 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: 10,236 ~ 11,536 CAD

compared to leasing a BRAND NEW:

  • Acura RDX A-SPEC
  • for 39 months
  • in AB
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 881
This Contract (CAD/month) 373
Monthly Difference 508 CAD/month
Remaining Term x 17 months
Total Monthly Difference = 8,636 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 10,236 ~ 11,536

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 29,329 CAD
  • Total Vehicle Debt: 40,519 CAD
  • Paid so Far: 11,191 CAD (27% Paid)
  • Remaining Lease Payments: 6,341 CAD
  • Residual Value: 22,987 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 11,191 CAD Total Vehicle Value: 40,519 CAD
27% Paid
73%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 6,341 CAD
Term Paid so Far: 11,191 CAD Residual Value: 22,987 CAD
0%
27%
15%
58%
Cost to Own
Already Paid: 11,191 CAD (27%)
Cash Incentive: 0 CAD Buyout Price Today: 29,329 CAD
27% Paid
0%
73%
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: 29,329 CAD

  • 4.9%Interest Rate x 48 months
  • 674 CAD/month + tax
  • Total Payable: 32,356 CAD
  • Total Interest: 3,028 CAD
  • 8.9%Interest Rate x 48 months
  • 728 CAD/month + tax
  • Total Payable: 34,966 CAD
  • Total Interest: 5,637 CAD
  • 14.9%Interest Rate x 48 months
  • 815 CAD/month + tax
  • Total Payable: 39,108 CAD
  • Total Interest: 9,779 CAD

At the end of the Lease Contract

Residual Value: 22,987 CAD (in 17 months)

  • 4.9%Interest Rate x 48 months
  • 528 CAD/month + tax
  • Total Payable: 25,360 CAD
  • Total Interest: 2,373 CAD
  • 8.9%Interest Rate x 48 months
  • 571 CAD/month + tax
  • Total Payable: 27,406 CAD
  • Total Interest: 4,418 CAD
  • 14.9%Interest Rate x 48 months
  • 639 CAD/month + tax
  • Total Payable: 30,652 CAD
  • Total Interest: 7,665 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)
9.56
  • + tax
  • + fuel
  • + insurance
(or 0.10CAD per km)
  • 22.38CAD/100km (Original Contract back in Apr, 2020)
Time Analysis
Cost per day: (CAD)
12.26
  • + tax
  • + insurance
  • + km driven & fuel
(0.19CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
900.45
  • km/week
  • without any
  • additional costs
Excess km cost: 0.12CAD
  • 384.62km/week (Contract Original back in Apr, 2020)

Seller Contact Info

This Contract was Already Transferred.

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