Payment Analysis

707.96CAD/monthin Edmonton, AB
    Before Taxes:
  • 707.96 CAD/month
  • 326.75 CAD/bi-weekly
  • 163.38 CAD/week
  • 8,495.52 CAD/year
Incl. Alberta Taxes (5%):
  • 743.36 CAD/month
  • 343.09 CAD/bi-weekly
  • 171.54 CAD/week
  • 8,920.30 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: 3,594 ~ 4,494 CAD

compared to leasing a BRAND NEW:

  • Lexus RC 350 F Automatic AWD F sport
  • for 12 months
  • in AB
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 961
This Contract (CAD/month) 708
Monthly Difference 254 CAD/month
Remaining Term x 11 months
Total Monthly Difference = 2,794 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 3,594 ~ 4,494

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 36,975 CAD
  • Total Vehicle Debt: 62,461 CAD
  • Paid so Far: 25,487 CAD (40% Paid)
  • Remaining Lease Payments: 7,788 CAD
  • Residual Value: 29,187 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 25,487 CAD Total Vehicle Value: 62,461 CAD
40% Paid
60%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 7,788 CAD
Term Paid so Far: 25,487 CAD Residual Value: 29,187 CAD
0%
40%
12%
48%
Cost to Own
Already Paid: 25,487 CAD (40%)
Cash Incentive: 0 CAD Buyout Price Today: 36,975 CAD
40% Paid
0%
60%
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: 36,975 CAD

  • 4.9%Interest Rate x 48 months
  • 850 CAD/month + tax
  • Total Payable: 40,792 CAD
  • Total Interest: 3,817 CAD
  • 8.9%Interest Rate x 48 months
  • 918 CAD/month + tax
  • Total Payable: 44,081 CAD
  • Total Interest: 7,107 CAD
  • 14.9%Interest Rate x 48 months
  • 1,027 CAD/month + tax
  • Total Payable: 49,304 CAD
  • Total Interest: 12,329 CAD

At the end of the Lease Contract

Residual Value: 29,187 CAD (in 11 months)

  • 4.9%Interest Rate x 48 months
  • 671 CAD/month + tax
  • Total Payable: 32,200 CAD
  • Total Interest: 3,013 CAD
  • 8.9%Interest Rate x 48 months
  • 725 CAD/month + tax
  • Total Payable: 34,797 CAD
  • Total Interest: 5,610 CAD
  • 14.9%Interest Rate x 48 months
  • 811 CAD/month + tax
  • Total Payable: 38,919 CAD
  • Total Interest: 9,732 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)
18.50
  • + tax
  • + fuel
  • + insurance
(or 0.18CAD per km)
  • 70.80CAD/100km (Original Contract back in Apr, 2021)
Time Analysis
Cost per day: (CAD)
23.28
  • + tax
  • + insurance
  • + km driven & fuel
(0.30CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
883.22
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 230.77km/week (Contract Original back in Apr, 2021)

Seller Contact Info

This Contract was Already Transferred.