Payment Analysis

978.62CAD/monthin Calgary, AB
    Before Taxes:
  • 978.62 CAD/month
  • 451.67 CAD/bi-weekly
  • 225.84 CAD/week
  • 11,743.44 CAD/year
Incl. Alberta Taxes (5%):
  • 1,027.55 CAD/month
  • 474.25 CAD/bi-weekly
  • 237.13 CAD/week
  • 12,330.61 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: 1,724 ~ 2,124 CAD

compared to leasing a BRAND NEW:

  • V60 Cross Country Trim Cross Country
  • for 24 months
  • in AB
  • $0 down payment
  • 24,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 999
This Contract (CAD/month) 979
Monthly Difference 21 CAD/month
Remaining Term x 44 months
Total Monthly Difference = 924 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 1,724 ~ 2,124

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 72,590 CAD
  • Total Vehicle Debt: 76,505 CAD
  • Paid so Far: 3,914 CAD (5% Paid)
  • Remaining Lease Payments: 43,059 CAD
  • Residual Value: 29,531 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 3,914 CAD Total Vehicle Value: 76,505 CAD
5% Paid
95%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 43,059 CAD
Term Paid so Far: 3,914 CAD Residual Value: 29,531 CAD
0%
5%
56%
39%
Cost to Own
Already Paid: 3,914 CAD (5%)
Cash Incentive: 0 CAD Buyout Price Today: 72,590 CAD
5% Paid
0%
95%
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: 72,590 CAD

  • 4.9%Interest Rate x 48 months
  • 1,668 CAD/month + tax
  • Total Payable: 80,084 CAD
  • Total Interest: 7,494 CAD
  • 8.9%Interest Rate x 48 months
  • 1,803 CAD/month + tax
  • Total Payable: 86,542 CAD
  • Total Interest: 13,952 CAD
  • 14.9%Interest Rate x 48 months
  • 2,017 CAD/month + tax
  • Total Payable: 96,795 CAD
  • Total Interest: 24,205 CAD

At the end of the Lease Contract

Residual Value: 29,531 CAD (in 44 months)

  • 4.9%Interest Rate x 48 months
  • 679 CAD/month + tax
  • Total Payable: 32,579 CAD
  • Total Interest: 3,049 CAD
  • 8.9%Interest Rate x 48 months
  • 733 CAD/month + tax
  • Total Payable: 35,207 CAD
  • Total Interest: 5,676 CAD
  • 14.9%Interest Rate x 48 months
  • 820 CAD/month + tax
  • Total Payable: 39,378 CAD
  • Total Interest: 9,847 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)
71.17
  • + tax
  • + fuel
  • + insurance
(or 0.71CAD per km)
Time Analysis
Cost per day: (CAD)
32.17
  • + tax
  • + insurance
  • + km driven & fuel
(0.07CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
317.31
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD

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  • Wear & Tear Coverage
  • Winter Tires Included
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  • Current Payment: 1,101 CAD/month + tax
  • Cash Incentive: 1,156 CAD
  • Payment After Incentive: 1,033 CAD/month + tax
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  • Months to End: 17 months (Jan, 2028)
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  • Contract Allowance: 15,000 km/year
  • Current Odometer: 16,000 km total
  • Available Now: 31,059 km/year (2,588 per month)
  • Excess Km Cost: 0.15 CAD/km
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Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
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