Payment Analysis
350.39CAD/monthin Airdrie, AB
- 350.39 CAD/month
- 161.72 CAD/bi-weekly
- 80.86 CAD/week
- 4,204.68 CAD/year
Before Taxes:
Incl. Alberta Taxes (5%):
- 367.91 CAD/month
- 169.80 CAD/bi-weekly
- 84.90 CAD/week
- 4,414.91 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:
9,458 CAD
compared to leasing a BRAND NEW:
- Toyota RAV4
- for 24 months
- in Alberta
- $0 down payment
- 20,000 km/year
Leasing New (CAD/month) | 492 |
---|---|
This Contract (CAD/month) | 350 |
Monthly Difference | 142 CAD/month |
Remaining Term | x 49 months |
Total Monthly Difference | = 6,958 CAD |
+ Cash Incentive** (CAD) | + 2,500 |
Total Savings (CAD) | = 9,458 |
** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
30,295 CAD
- Total Vehicle Debt: 41,650 CAD
- Paid so Far: 8,854 CAD (21% Paid)
- Remaining Lease Payments: 17,169 CAD
- Residual Value: 15,626 CAD
- Cash Incentive: 2,500 CAD
Vehicle Debt & Value
Paid so far: 8,854 CAD Total Vehicle Value: 41,650 CAD
Vehicle Debt Breakdown
Downpayment: 5,000 CAD Remaining Term: 17,169 CAD
Term Paid so Far: 3,854 CAD Residual Value: 15,626 CAD
Cost to Own
Already Paid: 8,854 CAD (21%)
Cash Incentive: 2,500 CAD Buyout Price Today: 30,295 CAD
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: 30,295 CAD
- 4.9%Interest Rate x 48 months
- 696 CAD/month + tax
- Total Payable: 33,423 CAD
- Total Interest: 3,127 CAD
- 8.9%Interest Rate x 48 months
- 752 CAD/month + tax
- Total Payable: 36,118 CAD
- Total Interest: 5,823 CAD
- 14.9%Interest Rate x 48 months
- 842 CAD/month + tax
- Total Payable: 40,397 CAD
- Total Interest: 10,102 CAD
At the end of the Lease Contract
Residual Value: 15,626 CAD (in 49 months)
- 4.9%Interest Rate x 48 months
- 359 CAD/month + tax
- Total Payable: 17,239 CAD
- Total Interest: 1,613 CAD
- 8.9%Interest Rate x 48 months
- 388 CAD/month + tax
- Total Payable: 18,630 CAD
- Total Interest: 3,003 CAD
- 14.9%Interest Rate x 48 months
- 434 CAD/month + tax
- Total Payable: 20,837 CAD
- Total Interest: 5,210 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)
77.21
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
9.84
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
89.48
- km/week
- without any
- additional costs
Similar Listings in Calgary
+ 500 cash
SAVE ~9,700 CAD
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- Months to End: 22 months (Mar, 2026)
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- Months to End: 23 months (Apr, 2026)
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- Current Odometer: 52,118 km total
- Available Now: 32,156 km/year (2,680 per month)
- Excess Km Cost: 0.12 CAD/km
+ 3,000 cash
2022 Toyota
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- Current Payment: 616 CAD/month + tax
- Required Payment: 3,000 CAD
- Payment Including Incentive: 704 CAD/month + tax
- Original Downpayment: 4,000 CAD
- Residual Value: 25,663 CAD
- Months to End: 34 months (Mar, 2027)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 53,000 km total
- Available Now: 16,588 km/year (1,382 per month)
- Excess Km Cost: 0.15 CAD/km
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- Months to End: 55 months (Dec, 2028)
Vehicle Status
- Contract Allowance: 20,000 km/year
- Current Odometer: 2,700 km total
- Available Now: 20,865 km/year (1,739 per month)
+ 7,000 cash
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Payment Details
- Current Payment: 511 CAD/month + tax
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- Residual Value: 26,161 CAD
- Months to End: 27 months (Jul, 2026)
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- Current Odometer: 14,000 km total
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