Payment Analysis

400.22CAD/monthin Edmonton, AB
    Before Taxes:
  • 400.22 CAD/month
  • 184.72 CAD/bi-weekly
  • 92.36 CAD/week
  • 4,802.59 CAD/year
Incl. Alberta Taxes (5%):
  • 420.23 CAD/month
  • 193.95 CAD/bi-weekly
  • 96.98 CAD/week
  • 5,042.72 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: 3,419 ~ 4,719 CAD

compared to leasing a BRAND NEW:

  • Toyota RAV4 LE AWD
  • for 36 months
  • in AB
  • $0 down payment
  • 30,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 507
This Contract (CAD/month) 400
Monthly Difference 107 CAD/month
Remaining Term x 17 months
Total Monthly Difference = 1,819 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,419 ~ 4,719

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 18,472 CAD
  • Total Vehicle Debt: 37,882 CAD
  • Paid so Far: 19,410 CAD (51% Paid)
  • Remaining Lease Payments: 6,804 CAD
  • Residual Value: 11,668 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 19,410 CAD Total Vehicle Value: 37,882 CAD
51% Paid
49%
Vehicle Debt Breakdown
Downpayment: 1,000 CAD Remaining Term: 6,804 CAD
Term Paid so Far: 18,410 CAD Residual Value: 11,668 CAD
2%
49%
18%
31%
Cost to Own
Already Paid: 19,410 CAD (51%)
Cash Incentive: 0 CAD Buyout Price Today: 18,472 CAD
51% Paid
0%
49%
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: 18,472 CAD

  • 4.9%Interest Rate x 48 months
  • 425 CAD/month + tax
  • Total Payable: 20,379 CAD
  • Total Interest: 1,907 CAD
  • 8.9%Interest Rate x 48 months
  • 459 CAD/month + tax
  • Total Payable: 22,022 CAD
  • Total Interest: 3,550 CAD
  • 14.9%Interest Rate x 48 months
  • 513 CAD/month + tax
  • Total Payable: 24,631 CAD
  • Total Interest: 6,159 CAD

At the end of the Lease Contract

Residual Value: 11,668 CAD (in 17 months)

  • 4.9%Interest Rate x 48 months
  • 268 CAD/month + tax
  • Total Payable: 12,873 CAD
  • Total Interest: 1,205 CAD
  • 8.9%Interest Rate x 48 months
  • 290 CAD/month + tax
  • Total Payable: 13,911 CAD
  • Total Interest: 2,243 CAD
  • 14.9%Interest Rate x 48 months
  • 324 CAD/month + tax
  • Total Payable: 15,559 CAD
  • Total Interest: 3,891 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)
7.16
  • + tax
  • + fuel
  • + insurance
(or 0.07CAD per km)
  • 20.01CAD/100km (Original Contract back in Dec, 2018)
Time Analysis
Cost per day: (CAD)
13.16
  • + tax
  • + insurance
  • + km driven & fuel
(0.19CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
1,289.59
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 461.54km/week (Contract Original back in Dec, 2018)

Seller Contact Info

This Contract was Already Transferred.

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