Payment Analysis
435.28CAD/monthin Edmonton, AB
- 435.28 CAD/month
- 200.90 CAD/bi-weekly
- 100.45 CAD/week
- 5,223.36 CAD/year
Before Taxes:
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
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
Vehicle Debt Breakdown
Downpayment: 500 CAD Remaining Term: 4,353 CAD
Term Paid so Far: 16,541 CAD Residual Value: 16,262 CAD
Cost to Own
Already Paid: 17,041 CAD (45%)
Cash Incentive: 0 CAD Buyout Price Today: 20,615 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: 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
- 32.65CAD/100km (Original Contract back in Jun, 2019)
Time Analysis
Cost per day: (CAD)
14.31
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
1,153.85
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Jun, 2019)