Payment Analysis

698.78CAD/monthin Calgary, AB
    Before Taxes:
  • 698.78 CAD/month
  • 322.51 CAD/bi-weekly
  • 161.26 CAD/week
  • 8,385.36 CAD/year
Incl. Alberta Taxes (5%):
  • 733.72 CAD/month
  • 338.64 CAD/bi-weekly
  • 169.32 CAD/week
  • 8,804.63 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: 5,976 CAD

compared to leasing a BRAND NEW:

  • Ford F150 XLT with 302A Package
  • for 36 months
  • in Alberta
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 864
This Contract (CAD/month) 699
Monthly Difference 166 CAD/month
Remaining Term x 36 months
Total Monthly Difference = 5,976 CAD
Total Savings (CAD) = 5,976

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 48,588 CAD
  • Total Vehicle Debt: 51,088 CAD
  • Paid so Far: 2,500 CAD (4% Paid)
  • Remaining Lease Payments: 25,156 CAD
  • Residual Value: 23,432 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 2,500 CAD Total Vehicle Value: 51,088 CAD
4% Paid
96%
Vehicle Debt Breakdown
Downpayment: 2,500 CAD Remaining Term: 25,156 CAD
Term Paid so Far: 0 CAD Residual Value: 23,432 CAD
4%
0%
49%
47%
Cost to Own
Already Paid: 2,500 CAD (4%)
Cash Incentive: 0 CAD Buyout Price Today: 48,588 CAD
4% Paid
0%
96%
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: 48,588 CAD

  • 4.9%Interest Rate x 48 months
  • 1,117 CAD/month + tax
  • Total Payable: 53,604 CAD
  • Total Interest: 5,016 CAD
  • 8.9%Interest Rate x 48 months
  • 1,207 CAD/month + tax
  • Total Payable: 57,927 CAD
  • Total Interest: 9,339 CAD
  • 14.9%Interest Rate x 48 months
  • 1,350 CAD/month + tax
  • Total Payable: 64,789 CAD
  • Total Interest: 16,201 CAD

At the end of the Lease Contract

Residual Value: 23,432 CAD (in 36 months)

  • 4.9%Interest Rate x 48 months
  • 539 CAD/month + tax
  • Total Payable: 25,851 CAD
  • Total Interest: 2,419 CAD
  • 8.9%Interest Rate x 48 months
  • 582 CAD/month + tax
  • Total Payable: 27,936 CAD
  • Total Interest: 4,504 CAD
  • 14.9%Interest Rate x 48 months
  • 651 CAD/month + tax
  • Total Payable: 31,245 CAD
  • Total Interest: 7,813 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)
36.46
  • + tax
  • + fuel
  • + insurance
(or 0.36CAD per km)
Time Analysis
Cost per day: (CAD)
22.97
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
442.31
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

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