Payment Analysis

516.00CAD/monthin Calgary, AB
    Before Taxes:
  • 516.00 CAD/month
  • 238.15 CAD/bi-weekly
  • 119.08 CAD/week
  • 6,192.00 CAD/year
Incl. Alberta Taxes (5%):
  • 541.80 CAD/month
  • 250.06 CAD/bi-weekly
  • 125.03 CAD/week
  • 6,501.60 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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 30,147 CAD
  • Total Vehicle Debt: 40,467 CAD
  • Paid so Far: 10,320 CAD (25% Paid)
  • Remaining Lease Payments: 14,448 CAD
  • Residual Value: 15,699 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 10,320 CAD Total Vehicle Value: 40,467 CAD
25% Paid
75%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 14,448 CAD
Term Paid so Far: 10,320 CAD Residual Value: 15,699 CAD
0%
25%
35%
40%
Cost to Own
Already Paid: 10,320 CAD (25%)
Cash Incentive: 0 CAD Buyout Price Today: 30,147 CAD
25% Paid
0%
75%
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: 30,147 CAD

  • 4.9%Interest Rate x 48 months
  • 693 CAD/month + tax
  • Total Payable: 33,259 CAD
  • Total Interest: 3,112 CAD
  • 8.9%Interest Rate x 48 months
  • 749 CAD/month + tax
  • Total Payable: 35,941 CAD
  • Total Interest: 5,794 CAD
  • 14.9%Interest Rate x 48 months
  • 837 CAD/month + tax
  • Total Payable: 40,199 CAD
  • Total Interest: 10,052 CAD

At the end of the Lease Contract

Residual Value: 15,699 CAD (in 28 months)

  • 4.9%Interest Rate x 48 months
  • 361 CAD/month + tax
  • Total Payable: 17,320 CAD
  • Total Interest: 1,621 CAD
  • 8.9%Interest Rate x 48 months
  • 390 CAD/month + tax
  • Total Payable: 18,716 CAD
  • Total Interest: 3,017 CAD
  • 14.9%Interest Rate x 48 months
  • 436 CAD/month + tax
  • Total Payable: 20,934 CAD
  • Total Interest: 5,235 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)
20.07
  • + tax
  • + fuel
  • + insurance
(or 0.20CAD per km)
  • 30.96CAD/100km (Original Contract back in Dec, 2017)
Time Analysis
Cost per day: (CAD)
16.96
  • + tax
  • + insurance
  • + km driven & fuel
(0.12CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
593.41
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 384.62km/week (Contract Original back in Dec, 2017)

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2023 Tesla

Model 3 Automatique 2WD

Payment Details
  • Current Payment: 892 CAD/month + tax
  • Months to End: 31 months (Dec, 2026)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 13,000 km total
  • Available Now: 19,742 km/year (1,645 per month)
  • Excess Km Cost: 0.15 CAD/km
See all Details