Payment Analysis

642.00CAD/monthin Edmonton, AB
    Before Taxes:
  • 642.00 CAD/month
  • 296.31 CAD/bi-weekly
  • 148.15 CAD/week
  • 7,704.00 CAD/year
Incl. Alberta Taxes (5%):
  • 674.10 CAD/month
  • 311.12 CAD/bi-weekly
  • 155.56 CAD/week
  • 8,089.20 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: 1,364 ~ 2,264 CAD

compared to leasing a BRAND NEW:

  • Toyota Tundra li>
  • for 36 months
  • in Alberta
  • $0 down payment
  • 20,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 654
This Contract (CAD/month) 642
Monthly Difference 12 CAD/month
Remaining Term x 47 months
Total Monthly Difference = 564 CAD
+ Wear & Tear Coverage (CAD) + 800 ~ 1,700
Total Savings (CAD) = 1,364 ~ 2,264

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 79,782 CAD
  • Total Vehicle Debt: 88,706 CAD
  • Paid so Far: 8,924 CAD (10% Paid)
  • Remaining Lease Payments: 30,174 CAD
  • Residual Value: 49,608 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 8,924 CAD Total Vehicle Value: 88,706 CAD
10% Paid
90%
Vehicle Debt Breakdown
Downpayment: 578 CAD Remaining Term: 30,174 CAD
Term Paid so Far: 8,346 CAD Residual Value: 49,608 CAD
0%
10%
34%
56%
Cost to Own
Already Paid: 8,924 CAD (10%)
Cash Incentive: 0 CAD Buyout Price Today: 79,782 CAD
10% Paid
0%
90%
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: 79,782 CAD

  • 4.9%Interest Rate x 48 months
  • 1,834 CAD/month + tax
  • Total Payable: 88,018 CAD
  • Total Interest: 8,236 CAD
  • 8.9%Interest Rate x 48 months
  • 1,982 CAD/month + tax
  • Total Payable: 95,116 CAD
  • Total Interest: 15,334 CAD
  • 14.9%Interest Rate x 48 months
  • 2,216 CAD/month + tax
  • Total Payable: 106,385 CAD
  • Total Interest: 26,603 CAD

At the end of the Lease Contract

Residual Value: 49,608 CAD (in 47 months)

  • 4.9%Interest Rate x 48 months
  • 1,140 CAD/month + tax
  • Total Payable: 54,729 CAD
  • Total Interest: 5,121 CAD
  • 8.9%Interest Rate x 48 months
  • 1,232 CAD/month + tax
  • Total Payable: 59,143 CAD
  • Total Interest: 9,535 CAD
  • 14.9%Interest Rate x 48 months
  • 1,378 CAD/month + tax
  • Total Payable: 66,149 CAD
  • Total Interest: 16,541 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)
40.78
  • + tax
  • + fuel
  • + insurance
(or 0.41CAD per km)
Time Analysis
Cost per day: (CAD)
21.11
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
363.34
  • km/week
  • without any
  • additional costs
Excess km cost: 0.15CAD

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Lease Takeover Temporary Image
CAD/month x 66 months
2022 Ford F150 Limited (ID: #58570)
940
Edmonton
2022 Ford

F150 Limited Automatique AWD

  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 940 CAD/month + tax
  • Months to End: 66 months (Aug, 2031)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 75,000 km total
  • Available Now: 11,818 km/year (985 per month)
  • Excess Km Cost: 0.08 CAD/km
See all Details
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