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: 1,682 ~ 2,082 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 42 months
Total Monthly Difference = 882 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 1,682 ~ 2,082

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 70,633 CAD
  • Total Vehicle Debt: 76,505 CAD
  • Paid so Far: 5,872 CAD (7% Paid)
  • Remaining Lease Payments: 41,102 CAD
  • Residual Value: 29,531 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 5,872 CAD Total Vehicle Value: 76,505 CAD
7% Paid
93%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 41,102 CAD
Term Paid so Far: 5,872 CAD Residual Value: 29,531 CAD
0%
7%
54%
39%
Cost to Own
Already Paid: 5,872 CAD (7%)
Cash Incentive: 0 CAD Buyout Price Today: 70,633 CAD
7% Paid
0%
93%
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: 70,633 CAD

  • 4.9%Interest Rate x 48 months
  • 1,623 CAD/month + tax
  • Total Payable: 77,924 CAD
  • Total Interest: 7,292 CAD
  • 8.9%Interest Rate x 48 months
  • 1,754 CAD/month + tax
  • Total Payable: 84,209 CAD
  • Total Interest: 13,576 CAD
  • 14.9%Interest Rate x 48 months
  • 1,962 CAD/month + tax
  • Total Payable: 94,185 CAD
  • Total Interest: 23,552 CAD

At the end of the Lease Contract

Residual Value: 29,531 CAD (in 42 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)
67.94
  • + tax
  • + fuel
  • + insurance
(or 0.68CAD per km)
Time Analysis
Cost per day: (CAD)
32.17
  • + tax
  • + insurance
  • + km driven & fuel
(0.08CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
332.42
  • 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
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  • Contract Allowance: 15,000 km/year
  • Current Odometer: 16,000 km total
  • Available Now: 26,400 km/year (2,200 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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