Payment Analysis

570.00CAD/monthin Edmonton, AB
    Before Taxes:
  • 570.00 CAD/month
  • 263.08 CAD/bi-weekly
  • 131.54 CAD/week
  • 6,840.00 CAD/year
Incl. Alberta Taxes (5%):
  • 598.50 CAD/month
  • 276.23 CAD/bi-weekly
  • 138.12 CAD/week
  • 7,182.00 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: 19,352 ~ 20,652 CAD

compared to leasing a BRAND NEW:

  • Lexus IS 350 AWD w/ F SPORT Series 3 ($4,700)
  • for 24 months
  • in AB
  • $0 down payment
  • 29,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,204
This Contract (CAD/month) 570
Monthly Difference 634 CAD/month
Remaining Term x 28 months
Total Monthly Difference = 17,752 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 19,352 ~ 20,652

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 53,960 CAD
  • Total Vehicle Debt: 70,640 CAD
  • Paid so Far: 16,680 CAD (23% Paid)
  • Remaining Lease Payments: 15,960 CAD
  • Residual Value: 38,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 16,680 CAD Total Vehicle Value: 70,640 CAD
23% Paid
77%
Vehicle Debt Breakdown
Downpayment: 3,000 CAD Remaining Term: 15,960 CAD
Term Paid so Far: 13,680 CAD Residual Value: 38,000 CAD
4%
19%
22%
55%
Cost to Own
Already Paid: 16,680 CAD (23%)
Cash Incentive: 0 CAD Buyout Price Today: 53,960 CAD
23% Paid
0%
77%
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: 53,960 CAD

  • 4.9%Interest Rate x 48 months
  • 1,240 CAD/month + tax
  • Total Payable: 59,530 CAD
  • Total Interest: 5,570 CAD
  • 8.9%Interest Rate x 48 months
  • 1,340 CAD/month + tax
  • Total Payable: 64,331 CAD
  • Total Interest: 10,371 CAD
  • 14.9%Interest Rate x 48 months
  • 1,499 CAD/month + tax
  • Total Payable: 71,953 CAD
  • Total Interest: 17,993 CAD

At the end of the Lease Contract

Residual Value: 38,000 CAD (in 28 months)

  • 4.9%Interest Rate x 48 months
  • 873 CAD/month + tax
  • Total Payable: 41,923 CAD
  • Total Interest: 3,923 CAD
  • 8.9%Interest Rate x 48 months
  • 944 CAD/month + tax
  • Total Payable: 45,304 CAD
  • Total Interest: 7,304 CAD
  • 14.9%Interest Rate x 48 months
  • 1,056 CAD/month + tax
  • Total Payable: 50,671 CAD
  • Total Interest: 12,671 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)
28.16
  • + tax
  • + fuel
  • + insurance
(or 0.28CAD per km)
  • 34.20CAD/100km (Original Contract back in Oct, 2018)
Time Analysis
Cost per day: (CAD)
18.74
  • + tax
  • + insurance
  • + km driven & fuel
(0.12CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
467.03
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD
  • 384.62km/week (Contract Original back in Oct, 2018)

Seller Contact Info

This Contract was Already Transferred.

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