Payment Analysis

618.83CAD/monthin Calgary, AB
    Before Taxes:
  • 618.83 CAD/month
  • 285.61 CAD/bi-weekly
  • 142.81 CAD/week
  • 7,425.96 CAD/year
Incl. Alberta Taxes (5%):
  • 649.77 CAD/month
  • 299.89 CAD/bi-weekly
  • 149.95 CAD/week
  • 7,797.26 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: 25,812 ~ 26,712 CAD

compared to leasing a BRAND NEW:

  • GMC Sierra SLE
  • for 36 months
  • in Alberta
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,294
This Contract (CAD/month) 619
Monthly Difference 676 CAD/month
Remaining Term x 37 months
Total Monthly Difference = 25,012 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 25,812 ~ 26,712

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 47,875 CAD
  • Total Vehicle Debt: 47,256 CAD
  • Paid so Far: -619 CAD (-2% Paid)
  • Remaining Lease Payments: 22,897 CAD
  • Residual Value: 24,978 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: -619 CAD Total Vehicle Value: 47,256 CAD
-2% Paid
102%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 22,897 CAD
Term Paid so Far: -619 CAD Residual Value: 24,978 CAD
0%
-2%
48%
54%
Cost to Own
Already Paid: -619 CAD (-2%)
Cash Incentive: 0 CAD Buyout Price Today: 47,875 CAD
-2% Paid
0%
102%
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: 47,875 CAD

  • 4.9%Interest Rate x 48 months
  • 1,100 CAD/month + tax
  • Total Payable: 52,817 CAD
  • Total Interest: 4,942 CAD
  • 8.9%Interest Rate x 48 months
  • 1,189 CAD/month + tax
  • Total Payable: 57,076 CAD
  • Total Interest: 9,202 CAD
  • 14.9%Interest Rate x 48 months
  • 1,330 CAD/month + tax
  • Total Payable: 63,838 CAD
  • Total Interest: 15,963 CAD

At the end of the Lease Contract

Residual Value: 24,978 CAD (in 37 months)

  • 4.9%Interest Rate x 48 months
  • 574 CAD/month + tax
  • Total Payable: 27,556 CAD
  • Total Interest: 2,579 CAD
  • 8.9%Interest Rate x 48 months
  • 620 CAD/month + tax
  • Total Payable: 29,779 CAD
  • Total Interest: 4,801 CAD
  • 14.9%Interest Rate x 48 months
  • 694 CAD/month + tax
  • Total Payable: 33,306 CAD
  • Total Interest: 8,329 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)
44.90
  • + tax
  • + fuel
  • + insurance
(or 0.45CAD per km)
Time Analysis
Cost per day: (CAD)
20.35
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
318.09
  • km/week
  • without any
  • additional costs
Excess km cost: 0.16CAD

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