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: 1,556 ~ 1,956 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 36 months
Total Monthly Difference = 756 CAD
+ Winter Tires Cost (CAD) + 800 ~ 1,200
Total Savings (CAD) = 1,556 ~ 1,956

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 64,761 CAD
  • Total Vehicle Debt: 76,505 CAD
  • Paid so Far: 11,743 CAD (15% Paid)
  • Remaining Lease Payments: 35,230 CAD
  • Residual Value: 29,531 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 11,743 CAD Total Vehicle Value: 76,505 CAD
15% Paid
85%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 35,230 CAD
Term Paid so Far: 11,743 CAD Residual Value: 29,531 CAD
0%
15%
46%
39%
Cost to Own
Already Paid: 11,743 CAD (15%)
Cash Incentive: 0 CAD Buyout Price Today: 64,761 CAD
15% Paid
0%
85%
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: 64,761 CAD

  • 4.9%Interest Rate x 48 months
  • 1,488 CAD/month + tax
  • Total Payable: 71,447 CAD
  • Total Interest: 6,685 CAD
  • 8.9%Interest Rate x 48 months
  • 1,609 CAD/month + tax
  • Total Payable: 77,208 CAD
  • Total Interest: 12,447 CAD
  • 14.9%Interest Rate x 48 months
  • 1,799 CAD/month + tax
  • Total Payable: 86,355 CAD
  • Total Interest: 21,594 CAD

At the end of the Lease Contract

Residual Value: 29,531 CAD (in 36 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)
58.23
  • + tax
  • + fuel
  • + insurance
(or 0.58CAD per km)
  • 58.72CAD/100km (Original Contract back in Oct, 2018)
Time Analysis
Cost per day: (CAD)
32.17
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
387.82
  • km/week
  • without any
  • additional costs
Excess km cost: 0.20CAD
  • 384.62km/week (Contract Original back in Oct, 2018)

Similar Listings in Calgary

+ 1,156 cash
2024 BMW

330i X Drive Premium Enhanced Package, M Sport Appearance Package Automatique AWD w/ Warranty Complete Term + Wear & Tear Coverage + Winter Tires Included

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 1,101 CAD/month + tax
  • Cash Incentive: 1,156 CAD
  • Payment After Incentive: 1,056 CAD/month + tax
  • Residual Value: 28,000 CAD
  • Months to End: 26 months (Jan, 2028)
Vehicle Status
  • Contract Allowance: 15,000 km/year
  • Current Odometer: 16,000 km total
  • Available Now: 20,308 km/year (1,692 per month)
  • Excess Km Cost: 0.15 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • All Main Coverages
  • High End Vehicle & Options
  • Lots of FREE Available Km
  • Good Buyout Opportunity
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
See all Details
+ 2,000 cash
CAD/month x 11 months
2024 Subaru WRX - Base (ID: #62453)
413
Calgary
2024 Subaru

WRX - Base Manuelle AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
  • Winter Tires Included
Payment Details
  • Current Payment: 413 CAD/month + tax
  • Required Payment: 2,000 CAD
  • Payment Including Incentive: 595 CAD/month + tax
  • Residual Value: 29,000 CAD
  • Months to End: 11 months (Oct, 2026)
Vehicle Status
  • Contract Allowance: 24,000 km/year
  • Current Odometer: 16,500 km total
  • Available Now: 32,182 km/year (2,682 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.10 CAD/km
See all Details
2022 Volvo

S60 Inscription 4D Sedan AWD B5 Automatique AWD

  • Warranty Complete Term
  • Wear & Tear Coverage
Payment Details
  • Current Payment: 641 CAD/month + tax
  • Original Downpayment: 5,000 CAD
  • Residual Value: 33,487 CAD
  • Months to End: 6 months (May, 2026)
Vehicle Status
  • Contract Allowance: 18,450 km/year
  • Current Odometer: 47,000 km total
  • Available Now: 35,150 km/year (2,929 per month)
  • Please note that this contract ends in less than a year.
  • Excess Km Cost: 0.16 CAD/km
See all Details
CAD/month x 21 months
2023 Tesla Model S AWD (ID: #51045)
1,989
Calgary
2023 Tesla

Model S AWD Automatique AWD

Payment Details
  • Current Payment: 1,989 CAD/month + tax
  • Original Downpayment: 1,989 CAD
  • Months to End: 21 months (Aug, 2027)
Vehicle Status
  • Contract Allowance: 20,000 km/year
  • Current Odometer: 10,000 km total
  • Available Now: 40,000 km/year (3,333 per month)
See all Details