Payment Analysis
394.22CAD/monthin Edmonton, AB
- 394.22 CAD/month
- 181.95 CAD/bi-weekly
- 90.97 CAD/week
- 4,730.64 CAD/year
Before Taxes:
Incl. Alberta Taxes (5%):
- 413.93 CAD/month
- 191.05 CAD/bi-weekly
- 95.52 CAD/week
- 4,967.17 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:
273 CAD
compared to leasing a BRAND NEW:
- Toyota Accord EX-L
- for 54 months
- in Alberta
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 433 |
---|---|
This Contract (CAD/month) | 394 |
Monthly Difference | 39 CAD/month |
Remaining Term | x 7 months |
Total Monthly Difference | = 273 CAD |
Total Savings (CAD) | = 273 |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
38,680 CAD
- Total Vehicle Debt: 68,641 CAD
- Paid so Far: 29,961 CAD (43% Paid)
- Remaining Lease Payments: 2,760 CAD
- Residual Value: 35,920 CAD
- Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 29,961 CAD Total Vehicle Value: 68,641 CAD
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 2,760 CAD
Term Paid so Far: 29,961 CAD Residual Value: 35,920 CAD
Cost to Own
Already Paid: 29,961 CAD (43%)
Cash Incentive: 0 CAD Buyout Price Today: 38,680 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: 38,680 CAD
- 4.9%Interest Rate x 48 months
- 889 CAD/month + tax
- Total Payable: 42,673 CAD
- Total Interest: 3,993 CAD
- 8.9%Interest Rate x 48 months
- 961 CAD/month + tax
- Total Payable: 46,114 CAD
- Total Interest: 7,434 CAD
- 14.9%Interest Rate x 48 months
- 1,075 CAD/month + tax
- Total Payable: 51,578 CAD
- Total Interest: 12,898 CAD
At the end of the Lease Contract
Residual Value: 35,920 CAD (in 7 months)
- 4.9%Interest Rate x 48 months
- 826 CAD/month + tax
- Total Payable: 39,629 CAD
- Total Interest: 3,708 CAD
- 8.9%Interest Rate x 48 months
- 892 CAD/month + tax
- Total Payable: 42,824 CAD
- Total Interest: 6,904 CAD
- 14.9%Interest Rate x 48 months
- 998 CAD/month + tax
- Total Payable: 47,898 CAD
- Total Interest: 11,977 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)
21.08
- + tax
- + fuel
- + insurance
- 23.65CAD/100km (Original Contract back in Oct, 2016)
Time Analysis
Cost per day: (CAD)
12.96
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
431.65
- km/week
- without any
- additional costs
- 384.62km/week (Contract Original back in Oct, 2016)