Payment Analysis

347.43CAD/monthin Calgary, AB
    Before Taxes:
  • 347.43 CAD/month
  • 160.35 CAD/bi-weekly
  • 80.18 CAD/week
  • 4,169.16 CAD/year
Incl. Alberta Taxes (5%):
  • 364.80 CAD/month
  • 168.37 CAD/bi-weekly
  • 84.18 CAD/week
  • 4,377.62 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: 9,192 ~ 9,592 CAD

compared to leasing a BRAND NEW:

  • Kia K5 (renamed Optima) GT-Line
  • for 72 months
  • in Alberta
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 578
This Contract (CAD/month) 347
Monthly Difference 231 CAD/month
Remaining Term x 32 months
Total Monthly Difference = 7,392 CAD
+ Cash Incentive** (CAD) + 1,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 9,192 ~ 9,592
** "Cash Incentive" is not just a saving, it is physical money.

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)
6.66
  • + tax
  • + fuel
  • + insurance
(inlcuding the 1,000CAD incentive)
  • 7.31CAD/100km (TODAY without the Cash Incentive)
  • 13.90CAD/100km (Original Contract back in Jan, 2020)
Time Analysis
Cost per day: (CAD)
10.39
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 1,000CAD incentive)
  • 11.42CAD/day (Original Contract back in Jan, 2020)
Remaining Km
Can be driven up to:
1,096.15
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 576.92km/week (Contract Original back in Jan, 2020)

Seller Contact Info

This Contract was Already Transferred.

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