Payment Analysis

481.70CAD/monthin Calgary, AB
    Before Taxes:
  • 481.70 CAD/month
  • 222.32 CAD/bi-weekly
  • 111.16 CAD/week
  • 5,780.40 CAD/year
Incl. Alberta Taxes (5%):
  • 505.79 CAD/month
  • 233.44 CAD/bi-weekly
  • 116.72 CAD/week
  • 6,069.42 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: 414 CAD

compared to leasing a BRAND NEW:

  • Toyota RAV4 XLE Automatic AWD
  • for 48 months
  • in AB
  • $0 down payment
  • 26,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 527
This Contract (CAD/month) 482
Monthly Difference 46 CAD/month
Remaining Term x 9 months
Total Monthly Difference = 414 CAD
Total Savings (CAD) = 414

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 19,563 CAD
  • Total Vehicle Debt: 46,538 CAD
  • Paid so Far: 26,975 CAD (57% Paid)
  • Remaining Lease Payments: 4,335 CAD
  • Residual Value: 15,227 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 26,975 CAD Total Vehicle Value: 46,538 CAD
57% Paid
43%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 4,335 CAD
Term Paid so Far: 26,975 CAD Residual Value: 15,227 CAD
0%
57%
9%
34%
Cost to Own
Already Paid: 26,975 CAD (57%)
Cash Incentive: 0 CAD Buyout Price Today: 19,563 CAD
57% Paid
0%
43%
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: 19,563 CAD

  • 4.9%Interest Rate x 48 months
  • 450 CAD/month + tax
  • Total Payable: 21,582 CAD
  • Total Interest: 2,020 CAD
  • 8.9%Interest Rate x 48 months
  • 486 CAD/month + tax
  • Total Payable: 23,323 CAD
  • Total Interest: 3,760 CAD
  • 14.9%Interest Rate x 48 months
  • 543 CAD/month + tax
  • Total Payable: 26,086 CAD
  • Total Interest: 6,523 CAD

At the end of the Lease Contract

Residual Value: 15,227 CAD (in 9 months)

  • 4.9%Interest Rate x 48 months
  • 350 CAD/month + tax
  • Total Payable: 16,799 CAD
  • Total Interest: 1,572 CAD
  • 8.9%Interest Rate x 48 months
  • 378 CAD/month + tax
  • Total Payable: 18,154 CAD
  • Total Interest: 2,927 CAD
  • 14.9%Interest Rate x 48 months
  • 423 CAD/month + tax
  • Total Payable: 20,305 CAD
  • Total Interest: 5,077 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)
4.10
  • + tax
  • + fuel
  • + insurance
(or 0.04CAD per km)
  • 26.49CAD/100km (Original Contract back in Sep, 2019)
Time Analysis
Cost per day: (CAD)
15.84
  • + tax
  • + insurance
  • + km driven & fuel
(0.37CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
2,710.04
  • km/week
  • without any
  • additional costs
Excess km cost: 0.10CAD
  • 419.62km/week (Contract Original back in Sep, 2019)

Seller Contact Info

This Contract was Already Transferred.

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