Payment Analysis

611.00CAD/monthin Edmonton, AB
    Before Taxes:
  • 611.00 CAD/month
  • 282.00 CAD/bi-weekly
  • 141.00 CAD/week
  • 7,332.00 CAD/year
Incl. Alberta Taxes (5%):
  • 641.55 CAD/month
  • 296.10 CAD/bi-weekly
  • 148.05 CAD/week
  • 7,698.60 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: 6,664 ~ 7,064 CAD

compared to leasing a BRAND NEW:

  • Lexus UX 250h Automatic AWD w/Luxury package
  • for 24 months
  • in AB
  • $0 down payment
  • 12,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 772
This Contract (CAD/month) 611
Monthly Difference 161 CAD/month
Remaining Term x 24 months
Total Monthly Difference = 3,864 CAD
+ Cash Incentive** (CAD) + 2,000
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 6,664 ~ 7,064
** "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: 37,579 CAD
  • Total Vehicle Debt: 53,533 CAD
  • Paid so Far: 13,954 CAD (26% Paid)
  • Remaining Lease Payments: 14,664 CAD
  • Residual Value: 24,915 CAD
  • Cash Incentive: 2,000 CAD
Vehicle Debt & Value
Paid so far: 13,954 CAD Total Vehicle Value: 53,533 CAD
26% Paid
74%
Vehicle Debt Breakdown
Downpayment: 5,400 CAD Remaining Term: 14,664 CAD
Term Paid so Far: 8,554 CAD Residual Value: 24,915 CAD
10%
16%
27%
47%
Cost to Own
Already Paid: 13,954 CAD (26%)
Cash Incentive: 2,000 CAD Buyout Price Today: 37,579 CAD
26% Paid
3%
71%
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: 37,579 CAD

  • 4.9%Interest Rate x 48 months
  • 864 CAD/month + tax
  • Total Payable: 41,458 CAD
  • Total Interest: 3,879 CAD
  • 8.9%Interest Rate x 48 months
  • 933 CAD/month + tax
  • Total Payable: 44,802 CAD
  • Total Interest: 7,223 CAD
  • 14.9%Interest Rate x 48 months
  • 1,044 CAD/month + tax
  • Total Payable: 50,109 CAD
  • Total Interest: 12,530 CAD

At the end of the Lease Contract

Residual Value: 24,915 CAD (in 24 months)

  • 4.9%Interest Rate x 48 months
  • 573 CAD/month + tax
  • Total Payable: 27,487 CAD
  • Total Interest: 2,572 CAD
  • 8.9%Interest Rate x 48 months
  • 619 CAD/month + tax
  • Total Payable: 29,704 CAD
  • Total Interest: 4,789 CAD
  • 14.9%Interest Rate x 48 months
  • 692 CAD/month + tax
  • Total Payable: 33,223 CAD
  • Total Interest: 8,308 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)
39.25
  • + tax
  • + fuel
  • + insurance
(inlcuding the 2,000CAD incentive)
  • 45.45CAD/100km (TODAY without the Cash Incentive)
  • 56.40CAD/100km (Original Contract back in Oct, 2020)
Time Analysis
Cost per day: (CAD)
17.35
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 2,000CAD incentive)
  • 20.09CAD/day (Original Contract back in Oct, 2020)
Remaining Km
Can be driven up to:
310.26
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 250.00km/week (Contract Original back in Oct, 2020)

Seller Contact Info

This Contract was Already Transferred.

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