Payment Analysis

400.00CAD/monthin Calgary, AB
    Before Taxes:
  • 400.00 CAD/month
  • 184.62 CAD/bi-weekly
  • 92.31 CAD/week
  • 4,800.00 CAD/year
Incl. Alberta Taxes (5%):
  • 420.00 CAD/month
  • 193.85 CAD/bi-weekly
  • 96.92 CAD/week
  • 5,040.00 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

Not yet Available

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 16,000 CAD
  • Total Vehicle Debt: 16,400 CAD
  • Paid so Far: 400 CAD (2% Paid)
  • Remaining Lease Payments: 14,000 CAD
  • Residual Value: 2,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 400 CAD Total Vehicle Value: 16,400 CAD
2% Paid
98%
Vehicle Debt Breakdown
Downpayment: 0 CAD Remaining Term: 14,000 CAD
Term Paid so Far: 400 CAD Residual Value: 2,000 CAD
0%
2%
85%
13%
Cost to Own
Already Paid: 400 CAD (2%)
Cash Incentive: 0 CAD Buyout Price Today: 16,000 CAD
2% Paid
0%
98%
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: 16,000 CAD

  • 4.9%Interest Rate x 48 months
  • 368 CAD/month + tax
  • Total Payable: 17,652 CAD
  • Total Interest: 1,652 CAD
  • 8.9%Interest Rate x 48 months
  • 397 CAD/month + tax
  • Total Payable: 19,075 CAD
  • Total Interest: 3,075 CAD
  • 14.9%Interest Rate x 48 months
  • 444 CAD/month + tax
  • Total Payable: 21,335 CAD
  • Total Interest: 5,335 CAD

At the end of the Lease Contract

Residual Value: 2,000 CAD (in 35 months)

  • 4.9%Interest Rate x 48 months
  • 46 CAD/month + tax
  • Total Payable: 2,206 CAD
  • Total Interest: 206 CAD
  • 8.9%Interest Rate x 48 months
  • 50 CAD/month + tax
  • Total Payable: 2,384 CAD
  • Total Interest: 384 CAD
  • 14.9%Interest Rate x 48 months
  • 56 CAD/month + tax
  • Total Payable: 2,667 CAD
  • Total Interest: 667 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)
12.21
  • + tax
  • + fuel
  • + insurance
(or 0.12CAD per km)
Time Analysis
Cost per day: (CAD)
13.15
  • + tax
  • + insurance
  • + km driven & fuel
(0.09CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
756.04
  • km/week
  • without any
  • additional costs
Excess km cost: 0.08CAD

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