Payment Analysis

435.28CAD/monthin Edmonton, AB
    Before Taxes:
  • 435.28 CAD/month
  • 200.90 CAD/bi-weekly
  • 100.45 CAD/week
  • 5,223.36 CAD/year
Incl. Alberta Taxes (5%):
  • 457.04 CAD/month
  • 210.94 CAD/bi-weekly
  • 105.47 CAD/week
  • 5,484.53 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: 3,620 ~ 4,020 CAD

compared to leasing a BRAND NEW:

  • Mini Clubman ALL4 Automatic AWD
  • for 24 months
  • in AB
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 717
This Contract (CAD/month) 435
Monthly Difference 282 CAD/month
Remaining Term x 10 months
Total Monthly Difference = 2,820 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 3,620 ~ 4,020

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 20,615 CAD
  • Total Vehicle Debt: 37,656 CAD
  • Paid so Far: 17,041 CAD (45% Paid)
  • Remaining Lease Payments: 4,353 CAD
  • Residual Value: 16,262 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 17,041 CAD Total Vehicle Value: 37,656 CAD
45% Paid
55%
Vehicle Debt Breakdown
Downpayment: 500 CAD Remaining Term: 4,353 CAD
Term Paid so Far: 16,541 CAD Residual Value: 16,262 CAD
1%
44%
11%
44%
Cost to Own
Already Paid: 17,041 CAD (45%)
Cash Incentive: 0 CAD Buyout Price Today: 20,615 CAD
45% Paid
0%
55%
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: 20,615 CAD

  • 4.9%Interest Rate x 48 months
  • 474 CAD/month + tax
  • Total Payable: 22,743 CAD
  • Total Interest: 2,128 CAD
  • 8.9%Interest Rate x 48 months
  • 512 CAD/month + tax
  • Total Payable: 24,578 CAD
  • Total Interest: 3,962 CAD
  • 14.9%Interest Rate x 48 months
  • 573 CAD/month + tax
  • Total Payable: 27,489 CAD
  • Total Interest: 6,874 CAD

At the end of the Lease Contract

Residual Value: 16,262 CAD (in 10 months)

  • 4.9%Interest Rate x 48 months
  • 374 CAD/month + tax
  • Total Payable: 17,941 CAD
  • Total Interest: 1,679 CAD
  • 8.9%Interest Rate x 48 months
  • 404 CAD/month + tax
  • Total Payable: 19,388 CAD
  • Total Interest: 3,126 CAD
  • 14.9%Interest Rate x 48 months
  • 452 CAD/month + tax
  • Total Payable: 21,685 CAD
  • Total Interest: 5,423 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)
8.71
  • + tax
  • + fuel
  • + insurance
(or 0.09CAD per km)
  • 32.65CAD/100km (Original Contract back in Jun, 2019)
Time Analysis
Cost per day: (CAD)
14.31
  • + tax
  • + insurance
  • + km driven & fuel
(0.33CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,153.85
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 307.69km/week (Contract Original back in Jun, 2019)

Seller Contact Info

This Contract was Already Transferred.