Payment Analysis

723.22CAD/monthin Calgary, AB
    Before Taxes:
  • 723.22 CAD/month
  • 333.79 CAD/bi-weekly
  • 166.90 CAD/week
  • 8,678.64 CAD/year
Incl. Alberta Taxes (5%):
  • 759.38 CAD/month
  • 350.48 CAD/bi-weekly
  • 175.24 CAD/week
  • 9,112.57 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: 2,426 ~ 2,826 CAD

compared to leasing a BRAND NEW:

  • Toyota Tundra Automatic AWD TRD Sport
  • for 40 months
  • in AB
  • $0 down payment
  • 21,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 811
This Contract (CAD/month) 723
Monthly Difference 88 CAD/month
Remaining Term x 2 months
Total Monthly Difference = 176 CAD
+ Cash Incentive** (CAD) + 1,450
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 2,426 ~ 2,826
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 26,831 CAD
  • Total Vehicle Debt: 62,249 CAD
  • Paid so Far: 33,968 CAD (54% Paid)
  • Remaining Lease Payments: 1,446 CAD
  • Residual Value: 26,834 CAD
  • Cash Incentive: 1,450 CAD
Vehicle Debt & Value
Paid so far: 33,968 CAD Total Vehicle Value: 62,249 CAD
54% Paid
46%
Vehicle Debt Breakdown
Downpayment: 700 CAD Remaining Term: 1,446 CAD
Term Paid so Far: 33,268 CAD Residual Value: 26,834 CAD
1%
53%
2%
44%
Cost to Own
Already Paid: 33,968 CAD (54%)
Cash Incentive: 1,450 CAD Buyout Price Today: 26,831 CAD
54% Paid
2%
44%
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: 26,831 CAD

  • 4.9%Interest Rate x 48 months
  • 617 CAD/month + tax
  • Total Payable: 29,601 CAD
  • Total Interest: 2,770 CAD
  • 8.9%Interest Rate x 48 months
  • 666 CAD/month + tax
  • Total Payable: 31,988 CAD
  • Total Interest: 5,157 CAD
  • 14.9%Interest Rate x 48 months
  • 745 CAD/month + tax
  • Total Payable: 35,777 CAD
  • Total Interest: 8,947 CAD

At the end of the Lease Contract

Residual Value: 26,834 CAD (in 2 months)

  • 4.9%Interest Rate x 48 months
  • 617 CAD/month + tax
  • Total Payable: 29,605 CAD
  • Total Interest: 2,770 CAD
  • 8.9%Interest Rate x 48 months
  • 667 CAD/month + tax
  • Total Payable: 31,992 CAD
  • Total Interest: 5,158 CAD
  • 14.9%Interest Rate x 48 months
  • 745 CAD/month + tax
  • Total Payable: 35,782 CAD
  • Total Interest: 8,948 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)
0.00
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,450CAD incentive)
  • 2.00CAD/100km (TODAY without the Cash Incentive)
  • 43.39CAD/100km (Original Contract back in Jul, 2020)
Time Analysis
Cost per day: (CAD)
-0.06
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,450CAD incentive)
  • 23.78CAD/day (Original Contract back in Jul, 2020)
Remaining Km
Can be driven up to:
8,365.38
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 384.62km/week (Contract Original back in Jul, 2020)

Seller Contact Info

This Contract was Already Transferred.

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