Payment Analysis
535.52CAD/monthin Fort Mcmurray, AB
- 535.52 CAD/month
- 247.16 CAD/bi-weekly
- 123.58 CAD/week
- 6,426.24 CAD/year
Before Taxes:
Incl. Alberta Taxes (5%):
- 562.30 CAD/month
- 259.52 CAD/bi-weekly
- 129.76 CAD/week
- 6,747.55 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:
10,240 ~ 11,540 CAD
compared to leasing a BRAND NEW:
- Ford RANGER XLT
- for 12 months
- in AB
- $0 down payment
- 16,000 km/year
| Leasing New (CAD/month) | 967 |
|---|---|
| This Contract (CAD/month) | 536 |
| Monthly Difference | 432 CAD/month |
| Remaining Term | x 20 months |
| Total Monthly Difference | = 8,640 CAD |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 10,240 ~ 11,540 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
38,268 CAD
- Total Vehicle Debt: 46,837 CAD
- Paid so Far: 8,568 CAD (18% Paid)
- Remaining Lease Payments: 10,710 CAD
- Residual Value: 27,558 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,568 CAD Total Vehicle Value: 46,837 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 10,710 CAD
Term Paid so Far: 8,568 CAD Residual Value: 27,558 CAD
Cost to Own
Already Paid: 8,568 CAD (18%)
Cash Incentive: 0 CAD Buyout Price Today: 38,268 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: 38,268 CAD
- 4.9%Interest Rate x 48 months
- 880 CAD/month + tax
- Total Payable: 42,219 CAD
- Total Interest: 3,951 CAD
- 8.9%Interest Rate x 48 months
- 950 CAD/month + tax
- Total Payable: 45,624 CAD
- Total Interest: 7,355 CAD
- 14.9%Interest Rate x 48 months
- 1,063 CAD/month + tax
- Total Payable: 51,029 CAD
- Total Interest: 12,760 CAD
At the end of the Lease Contract
Residual Value: 27,558 CAD (in 20 months)
- 4.9%Interest Rate x 48 months
- 633 CAD/month + tax
- Total Payable: 30,403 CAD
- Total Interest: 2,845 CAD
- 8.9%Interest Rate x 48 months
- 684 CAD/month + tax
- Total Payable: 32,855 CAD
- Total Interest: 5,297 CAD
- 14.9%Interest Rate x 48 months
- 766 CAD/month + tax
- Total Payable: 36,747 CAD
- Total Interest: 9,189 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)
53.55
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
17.61
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
230.77
- km/week
- without any
- additional costs
