Payment Analysis
489.00CAD/monthin Edmonton, AB
- 489.00 CAD/month
- 225.69 CAD/bi-weekly
- 112.85 CAD/week
- 5,868.00 CAD/year
Before Taxes:
Incl. Alberta Taxes (5%):
- 513.45 CAD/month
- 236.98 CAD/bi-weekly
- 118.49 CAD/week
- 6,161.40 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:
3,422 CAD
compared to leasing a BRAND NEW:
- Acura TLX Elite
- for 39 months
- in Alberta
- $0 down payment
- 16,000 km/year
Leasing New (CAD/month) | 607 |
---|---|
This Contract (CAD/month) | 489 |
Monthly Difference | 118 CAD/month |
Remaining Term | x 29 months |
Total Monthly Difference | = 3,422 CAD |
Total Savings (CAD) | = 3,422 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
36,681 CAD
- Total Vehicle Debt: 50,483 CAD
- Paid so Far: 13,802 CAD (27% Paid)
- Remaining Lease Payments: 14,181 CAD
- Residual Value: 22,500 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 13,802 CAD Total Vehicle Value: 50,483 CAD
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 14,181 CAD
Term Paid so Far: 8,802 CAD Residual Value: 22,500 CAD
Cost to Own
Already Paid: 13,802 CAD (27%)
Cash Incentive: 0 CAD Buyout Price Today: 36,681 CAD
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: 36,681 CAD
- 4.9%Interest Rate x 48 months
- 843 CAD/month + tax
- Total Payable: 40,468 CAD
- Total Interest: 3,787 CAD
- 8.9%Interest Rate x 48 months
- 911 CAD/month + tax
- Total Payable: 43,731 CAD
- Total Interest: 7,050 CAD
- 14.9%Interest Rate x 48 months
- 1,019 CAD/month + tax
- Total Payable: 48,912 CAD
- Total Interest: 12,231 CAD
At the end of the Lease Contract
Residual Value: 22,500 CAD (in 29 months)
- 4.9%Interest Rate x 48 months
- 517 CAD/month + tax
- Total Payable: 24,823 CAD
- Total Interest: 2,323 CAD
- 8.9%Interest Rate x 48 months
- 559 CAD/month + tax
- Total Payable: 26,825 CAD
- Total Interest: 4,325 CAD
- 14.9%Interest Rate x 48 months
- 625 CAD/month + tax
- Total Payable: 30,002 CAD
- Total Interest: 7,502 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)
26.72
- + tax
- + fuel
- + insurance
- 36.68CAD/100km (Original Contract back in Dec, 2017)
Time Analysis
Cost per day: (CAD)
16.08
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
422.28
- km/week
- without any
- additional costs
- 307.69km/week (Contract Original back in Dec, 2017)