Payment Analysis

394.22CAD/monthin Edmonton, AB
    Before Taxes:
  • 394.22 CAD/month
  • 181.95 CAD/bi-weekly
  • 90.97 CAD/week
  • 4,730.64 CAD/year
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: 1,248 CAD

compared to leasing a BRAND NEW:

  • Toyota Accord EX-L
  • for 54 months
  • in Alberta
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 433
This Contract (CAD/month) 394
Monthly Difference 39 CAD/month
Remaining Term x 32 months
Total Monthly Difference = 1,248 CAD
Total Savings (CAD) = 1,248

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 48,535 CAD
  • Total Vehicle Debt: 68,641 CAD
  • Paid so Far: 20,105 CAD (29% Paid)
  • Remaining Lease Payments: 12,615 CAD
  • Residual Value: 35,920 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 20,105 CAD Total Vehicle Value: 68,641 CAD
29% Paid
71%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 12,615 CAD
Term Paid so Far: 20,105 CAD Residual Value: 35,920 CAD
0%
29%
18%
53%
Cost to Own
Already Paid: 20,105 CAD (29%)
Cash Incentive: 0 CAD Buyout Price Today: 48,535 CAD
29% Paid
0%
71%
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: 48,535 CAD

  • 4.9%Interest Rate x 48 months
  • 1,116 CAD/month + tax
  • Total Payable: 53,546 CAD
  • Total Interest: 5,010 CAD
  • 8.9%Interest Rate x 48 months
  • 1,206 CAD/month + tax
  • Total Payable: 57,864 CAD
  • Total Interest: 9,329 CAD
  • 14.9%Interest Rate x 48 months
  • 1,348 CAD/month + tax
  • Total Payable: 64,719 CAD
  • Total Interest: 16,184 CAD

At the end of the Lease Contract

Residual Value: 35,920 CAD (in 32 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)
96.35
  • + tax
  • + fuel
  • + insurance
(or 0.96CAD per km)
Time Analysis
Cost per day: (CAD)
12.96
  • + tax
  • + insurance
  • + km driven & fuel
(0.10CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
94.42
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided

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